Sable Resources Ltd. (CVE:SAE – Get Rating) shares traded down 6.3% during mid-day trading on Wednesday . The company traded as low as C$0.08 and last traded at C$0.08. 94,554 shares traded hands during trading, a decline of 73% from the average session volume of 347,441 shares. The stock had previously closed at C$0.08.
Sable Resources Stock Performance
The company has a debt-to-equity ratio of 0.62, a current ratio of 30.11 and a quick ratio of 29.87. The firm has a market capitalization of C$21.48 million and a PE ratio of -1.70. The business's 50-day moving average price is C$0.12 and its 200-day moving average price is C$0.20.
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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