Sabre Gold Mines (TSE:SGLD) Sets New 1-Year Low – Here’s Why

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 29062 shares traded. The stock had previously closed at C$0.08.

Sabre Gold Mines Trading Up 6.3 %

The firm has a market cap of C$6.77 million, a P/E ratio of -2.67 and a beta of 1.09. The company’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.12. The company has a current ratio of 0.54, a quick ratio of 0.75 and a debt-to-equity ratio of 28.82.

About Sabre Gold Mines

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Sabre Gold Mines Corp. engages in the exploration and development of mineral properties. Its 100% owned flagship property is the Copperstone gold project that covers approximately 12,258 acres of surface area and mineral rights located in La Paz County, Arizona. The company was formerly known as Arizona Gold Corp.

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