Shares of Sable Resources Ltd. (CVE:SAE – Get Free Report) hit a new 52-week low during trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 162300 shares changing hands. The stock had previously closed at C$0.05.
Sable Resources Stock Performance
The company’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.05. The company has a market cap of C$12.90 million, a PE ratio of -0.90 and a beta of 1.13. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 40.33.
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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