Sable Resources (CVE:SAE) Reaches New 52-Week High at $0.07

Sable Resources Ltd. (CVE:SAE)’s share price hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.06, with a volume of 80000 shares changing hands. The stock had previously closed at C$0.07.

Sable Resources Trading Down 15.4 %

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 has a market cap of C$15.76 million, a PE ratio of -1.30 and a beta of 1.19. The company’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.05.

Sable Resources Company Profile

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.