Sable Resources Ltd. (CVE:SAE – Get Free Report) shares fell 7.7% on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. 108,846 shares traded hands during trading, a decline of 31% from the average session volume of 157,101 shares. The stock had previously closed at C$0.07.
Sable Resources Stock Performance
The company has a current ratio of 0.94, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33. The firm’s 50-day moving average is C$0.05 and its two-hundred day moving average is C$0.05. The stock has a market cap of C$17.19 million, a price-to-earnings ratio of -1.20 and a beta of 1.19.
Sable Resources Company Profile
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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