Sable Resources (CVE:SAE) Reaches New 12-Month Low at $0.04

Sable Resources Ltd. (CVE:SAE)’s share price 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 traded. The stock had previously closed at C$0.05.

Sable Resources Stock 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 firm’s fifty 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 capitalization of C$11.48 million, a PE 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.