Sable Resources Ltd. (CVE:SAE – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 920500 shares traded. 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 business’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The stock has a market cap of C$8.61 million, a PE ratio of -0.88 and a beta of 1.08.
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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