Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price was up 33.3% during trading on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 3,020,000 shares were traded during trading, an increase of 1,389% from the average daily volume of 202,805 shares. The stock had previously closed at C$0.03.
Sable Resources Trading Up 33.3%
The company has a quick ratio of 40.33, a current ratio of 0.69 and a debt-to-equity ratio of 1.33. The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.03. The company has a market capitalization of C$11.48 million, a P/E ratio of -1.00 and a beta of 1.08.
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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