Shares of Sable Resources Ltd. (CVE:SAE – Get Free Report) traded up 33.3% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 229,331 shares were traded during trading, an increase of 11% from the average session volume of 206,573 shares. The stock had previously closed at C$0.03.
Sable Resources Price Performance
The company has a market capitalization of C$11.48 million, a PE ratio of -1.00 and a beta of 1.08. The firm has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The company has a current ratio of 0.69, 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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