Sabina Gold & Silver Corp., a precious metals company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. The company primarily explores for gold and silver deposit. Its flagship projects include Back River gold project comprising Goose, George, Boulder, Boot, Del, and Bath properties, as well as the port facility at Bathurst Inlet that covers an area of approximately 564 square kilometers located in Nunavut, Canada; and silver royalty on the Hackett River project that covers an area of approximately 10,637 hectares located in Nunavut, Canada. The company was formerly known as Sabina Silver Corporation and changed its name to Sabina Gold & Silver Corp. in October 2009. Sabina Gold & Silver Corp. was incorporated in 1966 and is headquartered in Vancouver, Canada.
Sabina Gold & Silver Price Performance
Shares of Sabina Gold & Silver stock traded up C$0.03 during trading hours on Friday, reaching C$1.19. The stock had a trading volume of 281,070 shares, compared to its average volume of 758,108. The stock's 50 day moving average is C$1.10 and its 200 day moving average is C$1.29. The firm has a market capitalization of C$652.64 million and a PE ratio of -36.06. Sabina Gold & Silver has a twelve month low of C$0.93 and a twelve month high of C$1.83. The company has a current ratio of 4.35, a quick ratio of 4.15 and a debt-to-equity ratio of 4.86.
Wall Street Analyst Weigh In
SBB has been the subject of a number of research reports. National Bankshares decreased their target price on shares of Sabina Gold & Silver from C$3.00 to C$2.00 and set an "outperform" rating for the company in a research report on Thursday, July 21st. TD Securities decreased their target price on shares of Sabina Gold & Silver from C$3.00 to C$2.50 in a research report on Thursday, July 21st.