Shares of Sable Resources Ltd. (CVE:SAE – Get Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 37807 shares trading hands. The stock had previously closed at C$0.05.
Sable Resources Price Performance
The company has a quick ratio of 40.33, a current ratio of 0.69 and a debt-to-equity ratio of 1.33. The stock’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.05. 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.
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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