Sable Resources (CVE:SAE) Shares Down 13.6%

Sable Resources Ltd (CVE:SAE)’s stock price fell 13.6% on Monday . The company traded as low as C$0.10 and last traded at C$0.10, 87,400 shares traded hands during mid-day trading. A decline of 8% from the average session volume of 94,807 shares. The stock had previously closed at C$0.11.

The company has a market cap of $13.10 million and a price-to-earnings ratio of -1.83. The firm’s 50-day simple moving average is C$0.11.

Sable Resources Company Profile (CVE:SAE)

Sable Resources Ltd., a natural resource company, engages in the acquisition, exploration, and development of precious metal mineral properties in the Province of British Columbia, Canada, Chihuahua State, Mexico, and San Juan Province, Argentina. It explores for gold, silver, and copper deposits. The company has a strategic alliance with Westhaven Ventures Inc The company was formerly known as Calico Silver Mines Ltd.

Featured Story: Debt-To-Equity Ratio

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.