Sable Resources Ltd. (CVE:SAE – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 10000 shares traded. The stock had previously closed at C$0.04.
Sable Resources Trading Down 12.5 %
The stock has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05. The firm has a market capitalization of C$10.03 million, a P/E ratio of -0.88 and a beta of 1.03. The company has a current ratio of 0.76, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33.
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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