Sabina Gold & Silver Corp (TSE:SBB) was up 1.9% during trading on Thursday . The stock traded as high as C$2.27 and last traded at C$2.06. Approximately 780,094 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 382,406 shares. The stock had previously closed at C$2.10.
Several equities research analysts have recently commented on SBB shares. BMO Capital Markets boosted their price target on shares of Sabina Gold & Silver from C$2.50 to C$3.00 in a report on Monday, October 2nd. TD Securities boosted their price target on shares of Sabina Gold & Silver from C$3.00 to C$3.25 and gave the company a “speculative buy” rating in a report on Friday, October 20th.
In related news, insider Sun Valley Gold Llc sold 1,250,000 shares of the business’s stock in a transaction that occurred on Friday, October 6th. The shares were sold at an average price of C$2.20, for a total transaction of C$2,750,000.00. In the last quarter, insiders have purchased 20,000 shares of company stock valued at $46,950.
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About Sabina Gold & Silver
Sabina Gold & Silver Corp. is a precious metals company. The Company’s principal business activity is the exploration and development of mineral property interests. The Company’s principal assets are the Back River gold project and its silver royalty on the Hackett River project, both of which are located in Nunavut, Canada.
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