Sable Resources Ltd. (CVE:SAE – Get Free Report)’s share price shot up 35.7% on Thursday . The company traded as high as C$0.10 and last traded at C$0.10. 2,419,838 shares were traded 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 Trading Up 35.7%
The company has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.69 and a quick ratio of 40.33. The company has a market cap of C$30.38 million, a PE ratio of 1.58 and a beta of 1.13.
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.
Featured Articles
- Five stocks we like better than Sable Resources
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- NEW LAW: Congress Approves Setup For Digital Dollar?
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
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.
