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Sable Resources
(SAE)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.35
▼(-33.27% Downside)
Action:Reiterated
Date:10/09/26
The score is primarily held back by weak financial performance (pre-revenue business model, poor operating profitability, and persistent/accelerating cash burn implying continued external funding needs). Technicals add further pressure with a clear downtrend across key moving averages and negative momentum. Valuation does not provide a clear cushion due to a negative P/E and no dividend yield support.
Positive Factors
Minimal leverage
Effectively no debt reduces fixed financial obligations and lowers leverage risk while exploration spending continues. This gives Sable more flexibility to allocate capital, negotiate project transactions, or withstand periods of weak operating results without immediate refinancing pressure.
Negative Factors
Pre-revenue operations
The absence of revenue means Sable has not yet established a recurring operating income stream from its projects. Its financial outlook therefore depends on exploration success and future transactions, leaving earnings visibility weaker than that of an operating mining company.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal leverage
Effectively no debt reduces fixed financial obligations and lowers leverage risk while exploration spending continues. This gives Sable more flexibility to allocate capital, negotiate project transactions, or withstand periods of weak operating results without immediate refinancing pressure.
Read all positive factors
Sable Resources (SAE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$11.53M
Dividend YieldN/A
Average Volume (3M)13.47K
Price to Earnings (P/E)―
Beta (1Y)2.44
Revenue GrowthN/A
EPS Growth-124.48%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.13
Shares Outstanding32,023,155
10 Day Avg. Volume22,607
30 Day Avg. Volume13,472
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.90
Price to Sales (P/S)0.00
P/FCF Ratio-1.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sable Resources Business Overview & Revenue Model
Company Description
Sable Resources Ltd. is an exploration and development company primarily focused on mineral properties across Mexico and Argentina. The firm's core activities involve the discovery, acquisition, and advancement of sites containing valuable mineral...
How the Company Makes Money
Sable Resources does not typically generate revenue from selling products or services while its projects remain in the exploration stage; instead, its business model centers on creating value by identifying and advancing prospective mineral proper...
Sable Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
56
Neutral
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -97.00K | -101.76K | -105.00K | -104.82K | -80.55K | -46.60K |
| EBITDA | -8.80M | 9.77M | -6.14M | -14.12M | -22.66M | -14.38M |
| Net Income | -4.20M | 18.40M | -6.25M | -14.22M | -13.81M | -10.14M |
Balance Sheet | ||||||
| Total Assets | 17.23M | 17.61M | 11.99M | 14.08M | 22.80M | 28.47M |
| Cash, Cash Equivalents and Short-Term Investments | 14.33M | 14.88M | 9.10M | 12.02M | 17.15M | 23.81M |
| Total Debt | 0.00 | 0.00 | 26.81K | 58.04K | 88.28K | 117.55K |
| Total Liabilities | 6.88M | 4.13M | 19.43M | 14.25M | 9.19M | 3.11M |
| Stockholders Equity | 10.35M | 13.48M | -7.44M | -177.26K | 13.61M | 25.36M |
Cash Flow | ||||||
| Free Cash Flow | -8.60M | -9.70M | -6.66M | -10.95M | -14.32M | -10.40M |
| Operating Cash Flow | -7.97M | -8.95M | -6.17M | -10.39M | -13.62M | -9.83M |
| Investing Cash Flow | 11.73M | 12.16M | 3.23M | 4.95M | 6.16M | 2.85M |
| Financing Cash Flow | -1.27M | 2.51M | -31.23K | -30.24K | 1.71M | 12.68M |
Sable Resources Technical Analysis
Negative
0.52
Price Trends
0.44
Negative
0.50
Negative
0.57
Negative
Market Momentum
-0.03
Positive
34.67
Neutral
15.28
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SAE, the sentiment is Negative. The current price of 0.52 is above the 20-day moving average (MA) of 0.41, above the 50-day MA of 0.44, and below the 200-day MA of 0.57, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 34.67 is Neutral, neither overbought nor oversold. The STOCH value of 15.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SAE.
Sable Resources Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$14.24M | -1.59 | -34.41% | ― | ― | -73.72% | |
48 Neutral | C$35.15M | 16.13 | 12.62% | ― | ― | ― | |
44 Neutral | C$25.65M | -5.90 | -21.84% | ― | ― | 90.05% | |
43 Neutral | C$11.53M | -2.49 | -31.29% | ― | ― | -124.48% | |
41 Neutral | C$11.39M | -11.27 | -18.50% | ― | ― | 72.68% |
* Basic Materials Sector Average
TSE:SAE
Sable Resources
0.33
-0.13
-27.78%
TSE:RRI
Riverside Resources
0.35
0.12
55.56%
TSE:SNG
Silver Range Resources
0.12
-0.03
-17.86%
TSE:TT
Total Metals
0.22
-0.90
-80.36%
TSE:GHR.H
Golden Harp Resources
0.23
0.17
283.33%
TSE:OZ
Outback Goldfields Corp
0.33
-0.15
-31.25%
Sable Resources Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Sable Resources and Moxico Fund New Drilling Push at El Fierro Porphyry Project
Positive
Sep 29, 2026
Sable Resources has secured Moxico Resources plc funding for a new exploration season at its El Fierro Project in San Juan, Argentina, underscoring the strategic importance of the Pyros Cu-Au-Mo porphyry system within the company’s regional ...
Business Operations and StrategyExecutive/Board Changes
Sable Resources Grants 650,000 Stock Options to Incentivize Exploration Team
Positive
Aug 28, 2026
Sable Resources Ltd. has granted 650,000 stock options to its directors, officers, employees and consultants, exercisable at $0.55 per share for a period of five years under its existing stock option plan. The option grant underscores the company&...
Business Operations and StrategyShareholder MeetingsStock Split
Sable Resources Wins Strong Shareholder Backing for Governance Measures and Share Consolidation
Positive
Jul 16, 2026
Sable Resources shareholders have given near-unanimous backing to all items at the company’s annual and special meeting, with 135,801,619 shares, or about 42.6% of outstanding stock, represented. Investors endorsed the existing board slate, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.