Sable Resources Ltd. (CVE:SAE – Get Rating) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 3745 shares changing hands. The stock had previously closed at C$0.06.

Sable Resources Stock Performance

The company has a quick ratio of 40.33, a current ratio of 40.80 and a debt-to-equity ratio of 0.57. The company has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.09. The stock has a market capitalization of C$15.75 million, a price-to-earnings ratio of -0.79 and a beta of 0.69.

Sable Resources Company Profile

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Sable Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Mexico and Argentina. It explores for gold, silver, copper, lead, zinc, and other deposits. The company 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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