Sun Valley Gold Llc Sells 1,250,000 Shares of Sabina Gold & Silver Corp (SBB) Stock

Sabina Gold & Silver Corp (TSE:SBB) insider Sun Valley Gold Llc sold 1,250,000 shares of the company’s stock in a transaction dated 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.

Sun Valley Gold Llc also recently made the following trade(s):

  • On Friday, September 8th, Sun Valley Gold Llc sold 574,000 shares of Sabina Gold & Silver Corp stock. The shares were sold at an average price of C$2.53, for a total transaction of C$1,452,220.00.

Sabina Gold & Silver Corp (TSE SBB) opened at 2.26 on Thursday. Sabina Gold & Silver Corp has a one year low of $0.84 and a one year high of $2.70. The company has a 50-day moving average of $2.35 and a 200 day moving average of $2.02. The firm’s market cap is $505.52 million.

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Several research firms have recently issued reports on SBB. BMO Capital Markets upped their price objective on shares of Sabina Gold & Silver Corp from C$2.50 to C$3.00 in a report on Monday, October 2nd. TD Securities initiated coverage on shares of Sabina Gold & Silver Corp in a report on Friday, July 14th. They issued a “speculative buy” rating and a C$3.00 price target on the stock.

About Sabina Gold & Silver Corp

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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