Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 762200 shares. The stock had previously closed at C$0.05.
Sable Resources Stock Performance
The stock has a market cap of C$12.92 million, a P/E ratio of -1.13 and a beta of 1.08. 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 business’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05.
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.
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