Sable Resources Ltd. (CVE:SAE – Get Free Report)’s share price fell 9.1% during mid-day trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. 229,000 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 146,449 shares. The stock had previously closed at C$0.06.
Sable Resources Price Performance
The company has a debt-to-equity ratio of 1.33, a quick ratio of 40.33 and a current ratio of 0.86. The firm has a market capitalization of C$14.33 million, a P/E ratio of -1.10 and a beta of 1.19. The stock’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.
Sable Resources Company Profile
Sable Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Mexico and Argentina. It explores for gold, silver, copper, lead, zinc, and other deposits. The company 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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