Sable Resources Ltd. (CVE:SAE – Get Free Report) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$0.60 and last traded at C$0.58, with a volume of 13026 shares changing hands. The stock had previously closed at C$0.45.
Sable Resources Trading Up 13.3%
The stock has a market cap of C$16.33 million, a P/E ratio of 0.85 and a beta of 1.01. The stock’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.06. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 40.33.
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.
Further Reading
- Five stocks we like better than Sable Resources
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
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.
