SAG.v shares retest the 50MA. Sterling Metals (TSXV: SAG) is one junior silver company worth keeping your eye on right now. Shares have been consolidating in a $.07 range for the past few months and have recently re-approached the 50MA to test support.
The company is currently executing exploration at its 100% owned Sail Pond Property in Newfoundland. Sterling, along with other experts, believes this region could be the next big Canadian silver district. Many claim it could be as lucrative as the Yukon.
Sterling’s 2022 exploration campaign is the first ever drill campaign undertaken at Sail Pond. To date, the company has identified multiple anomalous outcroppings that bear a striking resemblance to those seen at the Keno Hill district in the Yukon.
The company recently presented at the Red Cloud Summer Silver Americas Conference, providing a ton of outlook and updates. You can check it out here: https://twitter.com/RedCloudSec/status/1558148860299677696
SAG.v is currently trading at $.335, valued at $23.37 million.