Insider Buying: Sabina Gold & Silver Corp (SBB) Director Acquires 10,000 Shares of Stock
Sabina Gold & Silver Corp (TSE:SBB) Director Donald Bruce Mcleod bought 10,000 shares of Sabina Gold & Silver Corp stock in a transaction dated Monday, October 23rd. The stock was purchased at an average price of C$2.38 per share, with a total value of C$23,800.00.
Shares of Sabina Gold & Silver Corp (TSE SBB) traded down 3.38% during trading on Tuesday, hitting $2.29. 366,292 shares of the company were exchanged. Sabina Gold & Silver Corp has a 1-year low of $0.84 and a 1-year high of $2.70. The company has a 50 day moving average of $2.36 and a 200-day moving average of $2.07. The stock’s market capitalization is $512.23 million.
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Several analysts have recently issued reports on SBB shares. TD Securities started coverage on shares of Sabina Gold & Silver Corp in a research note on Friday, July 14th. They issued a “speculative buy” rating and a C$3.00 target price for the company. BMO Capital Markets boosted their price target on shares of Sabina Gold & Silver Corp from C$2.50 to C$3.00 in a report on Monday, October 2nd.
About Sabina Gold & Silver Corp
Sabina Gold & Silver Corp. is a precious metals company. The Company’s principal business activity is the exploration and development of mineral property interests. The Company’s principal assets are the Back River gold project and its silver royalty on the Hackett River project, both of which are located in Nunavut, Canada.
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