Sable Resources (CVE:SAE) Trading Up 10%

Sable Resources Ltd. (CVE:SAEGet Free Report)’s share price was up 10% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 135,566 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 168,678 shares. The stock had previously closed at C$0.05.

Sable Resources Price Performance

The business’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.05. The stock has a market cap of C$15.76 million, a price-to-earnings ratio of -1.10 and a beta of 1.13. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 40.33.

Sable Resources Company Profile

(Get Free Report)

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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