Sable Resources (CVE:SAE) Sets New 12-Month Low at $0.06

Sable Resources Ltd. (CVE:SAEGet Rating)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 175298 shares changing hands. The stock had previously closed at C$0.07.

Sable Resources Stock Up 7.7 %

The firm has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The company has a debt-to-equity ratio of 0.57, a current ratio of 40.80 and a quick ratio of 40.33. The company has a market capitalization of C$20.05 million, a PE ratio of -1.17 and a beta of 0.69.

Sable Resources Company Profile

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Sable Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Mexico and Argentina. It explores for gold, silver, copper, lead, zinc, and other deposits. The company 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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