Insider Buying: Sabina Gold & Silver Corp (SBB) Insider Buys 2,200,000 Shares of Stock

Sabina Gold & Silver Corp (TSE:SBB) insider Dundee Precious Metals Inc. acquired 2,200,000 shares of the firm’s stock in a transaction that occurred on Monday, January 15th. The stock was purchased at an average cost of C$2.26 per share, with a total value of C$4,972,000.00.

Sabina Gold & Silver Corp (TSE SBB) traded down C$0.11 during mid-day trading on Friday, reaching C$2.08. The company’s stock had a trading volume of 428,317 shares, compared to its average volume of 359,612. The stock has a market cap of $471.44, a price-to-earnings ratio of -104.00 and a beta of 0.16. Sabina Gold & Silver Corp has a 1-year low of C$1.22 and a 1-year high of C$2.70.

Several equities research analysts recently weighed in on SBB shares. BMO Capital Markets lifted their price objective on Sabina Gold & Silver from C$2.50 to C$3.00 in a report on Monday, October 2nd. TD Securities lifted their price objective on Sabina Gold & Silver from C$3.00 to C$3.25 and gave the stock a “speculative buy” rating in a report on Friday, October 20th. Finally, Royal Bank of Canada lifted their target price on Sabina Gold & Silver from C$2.50 to C$3.00 and gave the company a “sector perform” rating in a report on Thursday, December 21st.

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About Sabina Gold & Silver

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.

Insider Buying and Selling by Quarter for Sabina Gold & Silver (TSE:SBB)

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