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

Sabre Gold Mines Corp. (OTCMKTS:SGLDFGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty 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 stock’s 50 day simple moving average is $0.16 and its 200 day simple moving average is $0.16. The firm has a market cap of $12.02 million, a P/E ratio of -3.26 and a beta of 0.26.

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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