Sabre Gold Mines (TSE:SGLD) Stock Price Down 5.9% – Should You Sell?

Sabre Gold Mines Corp. (TSE:SGLDGet Free Report) shares fell 5.9% during trading on Wednesday . The company traded as low as C$0.16 and last traded at C$0.16. 1,750 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 63,915 shares. The stock had previously closed at C$0.17.

Sabre Gold Mines Price Performance

The firm has a 50 day moving average price of C$0.19 and a 200 day moving average price of C$0.13. The stock has a market cap of C$13.54 million, a P/E ratio of -5.67 and a beta of 1.10. The company has a quick ratio of 0.75, a current ratio of 0.54 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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