Sabre Gold Mines (OTCMKTS:SGLDF) Shares Cross Above 50-Day Moving Average – Here’s Why

Sabre Gold Mines Corp. (OTCMKTS:SGLDFGet Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . 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 Price Performance

The stock’s fifty day moving average is $0.16 and its 200-day moving average is $0.16. The stock has a market capitalization of $12.02 million, a PE ratio of -3.26 and a beta of 0.26.

About Sabre Gold Mines

(Get Free Report)

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.

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