Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday. The company traded as low as C$0.30 and last traded at C$0.30, with a volume of 42,000 shares changing hands. The stock had previously closed at C$0.30.
Sable Resources Price Performance
The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 40.33. The stock’s 50-day simple moving average is C$0.41 and its two-hundred day simple moving average is C$0.17. The firm has a market cap of C$10.57 million, a P/E ratio of -1.57 and a beta of 1.20.
About Sable Resources
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.
See Also
- Five stocks we like better than Sable Resources
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Receive News & Ratings for Sable Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sable Resources and related companies with MarketBeat.com's FREE daily email newsletter.
