Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 10400 shares traded. The stock had previously closed at C$0.05.
Sable Resources Price Performance
The company’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. The company has a quick ratio of 40.33, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of C$12.90 million, a price-to-earnings ratio of -0.80 and a beta of 1.13.
Sable Resources Company Profile
Sable Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Mexico and Argentina. The company explores for gold, silver, copper, lead, zinc, and other deposits. It holds 100% interests in the Don Julio project covering an area of 63,314 hectares; the El Fierro project covering an area of 58,510 hectares; the El Fierrazo project, the Los Pumas project, and the Laspina project located in San Juan Province, Argentina; and the Vinata project and the El Escarpe project located in Mexico.
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