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

Sabre Gold Mines Corp. (OTCMKTS:SGLDF) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 33,600 shares, an increase of 177.7% from the October 15th total of 12,100 shares. Based on an average trading volume of 93,400 shares, the days-to-cover ratio is currently 0.4 days.

Sabre Gold Mines Stock Performance

Shares of Sabre Gold Mines stock opened at $0.15 on Wednesday. The stock has a market capitalization of $11.16 million, a price-to-earnings ratio of -3.03 and a beta of 0.26. The company has a fifty day moving average of $0.09 and a 200-day moving average of $0.09. Sabre Gold Mines has a 52-week low of $0.06 and a 52-week high of $0.17.

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.