Sable Resources Ltd. (CVE:SAE – Get Free Report) shares shot up 35.7% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 2,419,838 shares changed hands during mid-day trading, an increase of 120% from the average session volume of 1,098,039 shares. The stock had previously closed at C$0.07.
Sable Resources Stock Performance
The company has a current ratio of 0.69, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of C$30.38 million, a price-to-earnings ratio of 1.58 and a beta of 1.13. The company has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.04.
Sable Resources Company Profile
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.
Featured Stories
- Five stocks we like better than Sable Resources
- Your Signature Is Missing – Act Before It’s Too Late
- Buy This Stock at 9:30 AM on MONDAY!
- What Expenses Can Be Deducted From Capital Gains Tax?
- The biggest scam in the history of gold markets is unwinding
- Your Bank Account Is No Longer Safe
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.
