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Sable Resources ( (TSE:SAE) ) has shared an update.
Sable Resources has signed a binding letter agreement to secure an option to acquire 100% of the La Esquina property in San Juan, Argentina, consolidating it with adjacent claims previously staked by the company into a new 5,236-hectare land package named the Zorro Project. Situated just north of established copper and polymetallic deposits and near Sable’s Don Julio project, Zorro hosts multiple mineralization styles—including intrusion-related copper, magmatic-hydrothermal breccias and epithermal veins—around a large magnetic anomaly, and offers year-round access and lower exploration costs; Sable plans detailed fieldwork and geophysics ahead of a potential drill program in the second half of 2026, strengthening its exploration pipeline and footprint in one of the most attractive mining jurisdictions in the world.
The most recent analyst rating on (TSE:SAE) stock is a Hold with a C$0.06 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 Canadian mineral exploration company focused on copper and polymetallic targets in Argentina’s San Juan province, operating projects such as Don Julio along a world-class Andean mineral belt, with an emphasis on porphyry, epithermal and intrusion-related mineral systems.
Average Trading Volume: 341,270
Technical Sentiment Signal: Hold
Current Market Cap: C$17.59M
For an in-depth examination of SAE stock, go to TipRanks’ Overview page.