Sable Resources Ltd. (CVE:SAE – Get Free Report) shares shot up 9.1% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. 175,000 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 417,839 shares. The stock had previously closed at C$0.06.
Sable Resources Stock Performance
The stock’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.06. The stock has a market capitalization of C$19.21 million, a price-to-earnings ratio of 1.00 and a beta of 1.21. The company has a current ratio of 0.69, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33.
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.
Further Reading
- Five stocks we like better than Sable Resources
- The AI Boom Has a Second Act—And It’s Playing Out in Optics
- Gold’s 2026 Rally Has Cracked—Is It Time to Buy the Pullback?
- 5 Tech Stocks to Buy on the July Pullback
- Is OpenAI’s IPO Delay a Warning for AI Investors?
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.
