Sabre Gold Mines Corp. (OTCMKTS:SGLDF) Sees Significant Drop in Short Interest

Sabre Gold Mines Corp. (OTCMKTS:SGLDF) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 12,100 shares, a decline of 46.7% from the September 30th total of 22,700 shares. Based on an average daily trading volume, of 26,500 shares, the short-interest ratio is currently 0.5 days.

Sabre Gold Mines Price Performance

Shares of Sabre Gold Mines stock traded up $0.01 during trading on Friday, hitting $0.10. The company’s stock had a trading volume of 26,054 shares, compared to its average volume of 14,932. Sabre Gold Mines has a 52 week low of $0.06 and a 52 week high of $0.14. The stock has a 50-day moving average price of $0.07 and a two-hundred day moving average price of $0.09. The stock has a market cap of $7.00 million, a price-to-earnings ratio of -1.90 and a beta of 0.26.

Sabre Gold Mines Company Profile

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.