Sable Resources (CVE:SAE) Hits New 12-Month High at $0.07

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

Sable Resources Trading Down 15.4 %

The stock has a market capitalization of C$15.76 million, a PE ratio of -1.30 and a beta of 1.19. The company has a current ratio of 0.94, a quick ratio of 40.33 and a debt-to-equity ratio of 1.33. The business’s 50-day moving average is C$0.05 and its two-hundred day moving average 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.