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Sable Resources ( (TSE:SAE) ) has shared an announcement.
Sable Resources Ltd. has announced a change to its board of directors, with OR Royalties’ nominee shifting from Barry Quiroz to Guy Desharnais, the current Vice President of Project Evaluation at OR Royalties. Desharnais brings extensive experience in geochemistry, exploration geology and project evaluation, including prior roles at Xstrata Nickel and SGS Geostat, as well as industry recognition through technical awards and committee work. Sable’s chairman highlighted that Desharnais’s technical and evaluation expertise is expected to support the company’s exploration of its highly prospective assets and assessment of new opportunities, while the continued backing from OR Royalties underscores confidence in Sable’s exploration portfolio and strategy, signaling stability and ongoing institutional support for shareholders.
The most recent analyst rating on (TSE:SAE) stock is a Hold with a C$0.05 price target. To see the full list of analyst forecasts on Sable Resources stock, see the TSE:SAE Stock Forecast page.
Spark’s Take on TSE:SAE Stock
According to Spark, TipRanks’ AI Analyst, TSE:SAE is a Neutral.
The score is held back primarily by weak financial quality—zero revenue, negative gross profit, and ongoing operating/free-cash-flow burn—despite improved reported profitability and a low-debt balance sheet. Technicals are supportive with clear upward trend and positive momentum indicators, and valuation appears optically cheap via a very low P/E, though it carries elevated reliability risk given the financial profile.
To see Spark’s full report on TSE:SAE stock, click here.
More about Sable Resources
Sable Resources Ltd. is a well-funded junior grassroots exploration company focused on discovering tier-one precious metal and copper deposits through systematic exploration in highly endowed terrains within established mining jurisdictions. The company is advancing a large portfolio of greenfield projects to resource stage, including its San Juan Regional Program in Argentina—comprising the Don Julio, El Fierro and Cerro Negro projects—and the Copper Queen, Copper Prince and Core Mountain properties in British Columbia, Canada.
YTD Price Performance: 37.50%
Average Trading Volume: 365,352
Technical Sentiment Signal: Buy
Current Market Cap: C$17.59M
Find detailed analytics on SAE stock on TipRanks’ Stock Analysis page.