Sabre Gold Mines (OTCMKTS:SGLDF) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Sabre Gold Mines Corp. (OTCMKTS:SGLDFGet Free Report) crossed above its 50 day moving average during trading on Tuesday . 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 changing hands.

Sabre Gold Mines Trading Up 1.7%

The company has a market capitalization of $12.02 million, a P/E ratio of -3.26 and a beta of 0.26. The company’s 50 day moving average is $0.16 and its 200-day moving average is $0.16.

About Sabre Gold Mines

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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.

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