Sable Resources Ltd. (CVE:SAE – Get Free Report)’s share price traded up 14.3% during trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 117,288 shares traded hands during trading, a decline of 43% from the average session volume of 207,564 shares. The stock had previously closed at C$0.04.
Sable Resources Price Performance
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 has a market capitalization of C$11.48 million, a price-to-earnings ratio of -1.00 and a beta of 1.08. The stock’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.
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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