Sable Resources (CVE:SAE) Reaches New 12-Month Low at $0.04

Shares of Sable Resources Ltd. (CVE:SAEGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 70100 shares trading hands. The stock had previously closed at C$0.05.

Sable Resources Stock Performance

The company has a market cap of C$12.90 million, a P/E ratio of -0.90 and a beta of 1.13. The business’s 50-day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The company has a debt-to-equity ratio of 1.33, a quick ratio of 40.33 and a current ratio of 0.86.

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. 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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