Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price shot up 18.2% on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 101,000 shares were traded during trading, a decline of 75% from the average session volume of 407,321 shares. The stock had previously closed at C$0.06.
Sable Resources Price 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 stock’s 50-day moving average is C$0.06 and its two-hundred day moving average is C$0.06. The company has a market capitalization of C$20.82 million, a PE ratio of 1.08 and a beta of 1.01.
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.
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