Sabre Gold Mines (OTCMKTS:SGLDF) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Sabre Gold Mines Corp. (OTCMKTS:SGLDFGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.16 and traded as high as $0.1643. Sabre Gold Mines shares last traded at $0.1631, with a volume of 6,558 shares trading hands.

Sabre Gold Mines Stock Performance

The company has a market capitalization of $12.02 million, a P/E ratio of -3.26 and a beta of 0.26. The business’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.16.

Sabre Gold Mines Company Profile

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Sabre Gold Mines Corp is a Canada-based mineral exploration and development company focused on gold projects in Nevada’s Walker Lane trend in the United States. The company’s principal business activity is the systematic exploration and advancement of gold prospects through geological mapping, trenching and drilling programs aimed at delineating and expanding mineral resources.

Sabre Gold Mines holds a portfolio of properties that includes the Golden Eagle project, located east of Hawthorne, Nevada, and the Ginger Ridge project near Mina, Nevada.

Further Reading

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