Sable Resources Ltd. (CVE:SAE – Get Free Report) traded down 11.1% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04. 189,010 shares traded hands during trading, a decline of 22% from the average session volume of 241,575 shares. The stock had previously closed at C$0.05.
Sable Resources Trading Down 11.1%
The firm has a market cap of C$12.79 million, a price-to-earnings ratio of 0.67 and a beta of 0.63. The firm’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.04. The company has a current ratio of 0.69, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33.
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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