Sable Resources Ltd. (CVE:SAE – Get Free Report)’s share price was up 28.6% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 821,032 shares traded hands during mid-day trading, an increase of 409% from the average daily volume of 161,165 shares. The stock had previously closed at C$0.04.
Sable Resources Price Performance
The company has a current ratio of 0.69, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33. The stock has a market cap of C$11.48 million, a price-to-earnings ratio of -1.00 and a beta of 1.04. The stock has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05.
About Sable Resources
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.
Featured Articles
- Five stocks we like better than Sable Resources
- How to Buy Cheap Stocks Step by Step
- How Much Can You Make in Stocks in One Month?
- Stock Analyst Ratings and Canadian Analyst Ratings
- This Is the Top Large-Cap Stock Insiders Are Buying
- Which Wall Street Analysts are the Most Accurate?
- Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside
Receive News & Ratings for Sable Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sable Resources and related companies with MarketBeat.com's FREE daily email newsletter.