Sable Resources Ltd. (CVE:SAE – Get Rating) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.08 and last traded at C$0.07, with a volume of 67000 shares traded. The stock had previously closed at C$0.07.
Sable Resources Stock Performance
The firm has a market cap of C$20.05 million, a PE ratio of -1.17 and a beta of 0.69. The company has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.10. The company has a debt-to-equity ratio of 0.57, a current ratio of 40.80 and a quick ratio of 40.33.
About Sable Resources
(Get Rating)
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.
Recommended Stories
- 2 Offshore Drilling Stocks Set to Extract Big Profits
- Three Staples Stocks With Double-Digit Upside Ahead
- Can Investors Trust Consumers to Lift American Outdoor Brands?
- How to Buy High Yielding Dividend Stocks
- Oracle Has Spoken: Shares Fall 5%
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.