Sable Resources Ltd. (CVE:SAE – Get Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.06, with a volume of 80000 shares. The stock had previously closed at C$0.07.
Sable Resources Price Performance
The company has a debt-to-equity ratio of 1.33, a current ratio of 0.94 and a quick ratio of 40.33. The firm’s 50 day moving average is C$0.05 and its 200 day moving average is C$0.05. The firm has a market cap of C$17.19 million, a P/E ratio of -1.20 and a beta of 1.19.
About Sable Resources
Sable Resources Ltd. engages in the acquisition, exploration, and development of mineral resource properties in Mexico and Argentina. It explores for gold, silver, copper, lead, zinc, and other deposits. The company 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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