Sable Resources (CVE:SAE) Director Acquires 21,000 Shares of Stock

Sable Resources Ltd. (CVE:SAE) Director Robert Peter Shaw purchased 21,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was bought at an average price of C$0.60 per share, with a total value of C$12,600.00. Following the completion of the transaction, the director directly owned 147,517 shares of the company’s stock, valued at approximately C$88,510.20. This represents a 16.60% increase in their ownership of the stock.

Robert Peter Shaw also recently made the following trade(s):

• On Tuesday, August 4th, Robert Peter Shaw purchased 6,500 shares of Sable Resources stock. The stock was bought at an average cost of C$0.59 per share, with a total value of C$3,835.00.

Sable Resources Trading Down 9.8%

Sable Resources stock traded down C$0.05 during trading on Wednesday, reaching C$0.46. 16,301 shares of the company were exchanged, compared to its average volume of 38,413. Sable Resources Ltd. has a 52-week low of C$0.30 and a 52-week high of C$1.05. The company has a market capitalization of C$14.73 million, a P/E ratio of 0.77 and a beta of 1.01. 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 stock’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

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.