Sable Resources Ltd. (CVE:SAE – Get Free Report) dropped 16.7% during trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 758,789 shares were traded during trading, an increase of 342% from the average daily volume of 171,599 shares. The stock had previously closed at C$0.03.
Sable Resources Stock Performance
The stock’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$7.18 million, a PE ratio of -0.63 and a beta of 1.08. The company has a debt-to-equity ratio of 1.33, a quick ratio of 40.33 and a current ratio of 0.69.
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.
Featured Stories
- Five stocks we like better than Sable Resources
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Power Up: Gaming Industry Expansion Fuels Stock Opportunities
- What Investors Need to Know About Upcoming IPOs
- These 3 Quirky ETFs May Be Strong Plays in 2025
- What is the S&P/TSX Index?
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
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.
