Sable Resources Ltd. (TSE:SAE)
:SAE
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Sable Resources
(SAE)
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Select Model
Rating:53Neutral
Price Target:
C$0.10
▲(140.00% Upside)
Action:ReiteratedDate:01/23/26
The score is held back primarily by weak financial quality—zero revenue and ongoing operating/free cash flow burn—despite a rebound in reported earnings and a low-debt balance sheet. Technicals are supportive with a strong uptrend, but overbought indicators increase near-term downside risk. Valuation appears cheap on P/E, though reliability is limited given the underlying cash flow and revenue profile.
Positive Factors
Low Leverage / Repaired Balance Sheet
Near-zero TTM debt and a meaningful shift back to positive equity reduce financial distress risk and provide structural flexibility. Over the next several months this lowers bankruptcy risk, supports deal-making for projects, and makes it easier to secure partner-funded exploration.
Negative Factors
No Operating Revenue
Zero operating revenue and negative gross profit mean the company lacks an operating commercial base. Over months this undermines earnings resiliency and implies any profits are unlikely to be repeatable without establishing production or consistent transaction-based inflows.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Repaired Balance Sheet
Near-zero TTM debt and a meaningful shift back to positive equity reduce financial distress risk and provide structural flexibility. Over the next several months this lowers bankruptcy risk, supports deal-making for projects, and makes it easier to secure partner-funded exploration.
Read all positive factors
Sable Resources (SAE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$15.99M
Dividend YieldN/A
Average Volume (3M)230.52K
Price to Earnings (P/E)1.2
Beta (1Y)1.91
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.01
Shares Outstanding319,798,220
10 Day Avg. Volume117,574
30 Day Avg. Volume230,517
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-1.16
Price to Sales (P/S)0.00
P/FCF Ratio-1.29
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. 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...
How the Company Makes Money
Sable Resources generates revenue primarily through the discovery and extraction of mineral resources, which are then sold in the global commodities market. The company focuses on exploring and developing high-grade gold and silver deposits, which...
Sable Resources Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
23
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -106.62K | -105.00K | -104.82K | -80.55K | -46.60K | -28.86K |
| EBITDA | 10.76M | -6.14M | -14.12M | -22.66M | -14.38M | 5.32M |
| Net Income | 19.99M | -6.25M | -14.22M | -13.81M | -10.14M | 4.41M |
Balance Sheet | ||||||
| Total Assets | 20.60M | 11.99M | 14.08M | 22.80M | 28.47M | 24.66M |
| Cash, Cash Equivalents and Short-Term Investments | 16.89M | 9.10M | 12.02M | 17.15M | 23.81M | 20.44M |
| Total Debt | 2.71K | 26.81K | 58.04K | 88.28K | 117.55K | 144.52K |
| Total Liabilities | 2.82M | 19.43M | 14.25M | 9.19M | 3.11M | 1.60M |
| Stockholders Equity | 17.78M | -7.44M | -177.26K | 13.61M | 25.36M | 23.06M |
Cash Flow | ||||||
| Free Cash Flow | -9.01M | -6.66M | -10.95M | -14.32M | -10.40M | -4.04M |
| Operating Cash Flow | -8.42M | -6.17M | -10.39M | -13.62M | -9.83M | -3.83M |
| Investing Cash Flow | 3.95M | 3.23M | 4.95M | 6.16M | 2.85M | 1.33M |
| Financing Cash Flow | 10.50M | -31.23K | -30.24K | 1.71M | 12.68M | 14.80M |
Sable Resources Technical Analysis
Negative
0.04
Price Trends
0.07
Negative
0.06
Negative
0.05
Positive
Market Momentum
>-0.01
Positive
33.24
Neutral
>-0.01
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 0.04 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.05, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 33.24 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 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% | |
53 Neutral | C$15.99M | 1.18 | 593.89% | ― | ― | ― | |
51 Neutral | C$20.98M | -2.45 | 6.43% | ― | ― | -90.32% | |
51 Neutral | C$13.28M | -44.79 | -56.83% | ― | ― | -221.30% | |
44 Neutral | C$18.68M | -9.10 | -114.13% | ― | ― | -230.12% |
* Basic Materials Sector Average
TSE:SAE
Sable Resources
0.05
0.02
42.86%
TSE:RRI
Riverside Resources
0.23
0.08
57.34%
TSE:SNG
Silver Range Resources
0.14
0.07
92.86%
TSE:TT
Total Metals
0.34
0.03
9.68%
TSE:GHR.H
Golden Harp Resources
0.18
0.13
260.00%
TSE:OZ
Outback Goldfields Corp
0.37
0.09
32.14%
Sable Resources Corporate Events
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Sable Resources Sets 2026 Exploration Agenda After Strengthening Portfolio and Balance Sheet in 2025
Positive
Jan 28, 2026
Sable Resources outlined a strengthened strategic position following 2025, marked by a key earn-in partnership with Moxico Resources on its El Fierro and Cerro Negro projects in Argentina, which shifts a significant portion of exploration funding ...
Business Operations and Strategy
Sable Resources Reports High-Grade Copper-Gold-Silver Samples at Zorro Project in Argentina
Positive
Jan 22, 2026
Sable Resources has reported highly encouraging preliminary rock sample results from its recently acquired Zorro Project in San Juan, Argentina, with assays from 55 of 98 samples returning up to 4.38% copper, 140.5 g/t gold and 584 g/t silver acro...
Business Operations and Strategy
Sable Resources Consolidates New Zorro Copper Project in Argentina’s San Juan Province
Positive
Jan 15, 2026
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 packa...
Business Operations and StrategyExecutive/Board Changes
Sable Resources Adds OR Royalties Executive Desharnais to Board as New Nominee
Positive
Jan 12, 2026
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 exp...
Business Operations and StrategyShareholder Meetings
Sable Resources Adopts New Equity Incentive Plan
Positive
Dec 5, 2025
Sable Resources Ltd. has announced the adoption of a new omnibus equity incentive plan, which was nearly unanimously approved by shareholders at the company’s recent annual meeting. This plan replaces the previous stock option and restricted...
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.