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Sable Resources

TSXV:SAE
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SAE
TSXV
CA$21M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Sable Resources Ltd., a natural resource company, engages in the acquisition, exploration, and development of precious metal mineral properties in the Province of British Columbia, Canada, Chihuahua State, Mexico, and San Juan Province, Argentina. The last earnings update was 125 days ago. More info.


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  • Sable Resources has significant price volatility in the past 3 months.
SAE Share Price and Events
7 Day Returns
-6.3%
TSXV:SAE
-2.1%
CA Metals and Mining
0.3%
CA Market
1 Year Returns
-44.4%
TSXV:SAE
-5.9%
CA Metals and Mining
0.7%
CA Market
SAE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sable Resources (SAE) -6.3% 3.4% -23.1% -44.4% 2900% -25%
CA Metals and Mining -2.1% 1.4% 13.1% -5.9% 8.9% -22%
CA Market 0.3% 2% 13.2% 0.7% 16.6% 5.6%
1 Year Return vs Industry and Market
  • SAE underperformed the Metals and Mining industry which returned -5.9% over the past year.
  • SAE underperformed the Market in Canada which returned 0.7% over the past year.
Price Volatility
SAE
Industry
5yr Volatility vs Market

Value

 Is Sable Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Sable Resources. This is due to cash flow or dividend data being unavailable. The share price is CA$0.15.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sable Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sable Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:SAE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CAD CA$-0.05
TSXV:SAE Share Price ** TSXV (2019-03-20) in CAD CA$0.15
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 12.49x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.78x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sable Resources.

TSXV:SAE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:SAE Share Price ÷ EPS (both in CAD)

= 0.15 ÷ -0.05

-3.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sable Resources is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Sable Resources is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Sable Resources's expected growth come at a high price?
Raw Data
TSXV:SAE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.7x
Canada Market PEG Ratio Median Figure of 253 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Sable Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Sable Resources's assets?
Raw Data
TSXV:SAE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CAD CA$0.07
TSXV:SAE Share Price * TSXV (2019-03-20) in CAD CA$0.15
Canada Metals and Mining Industry PB Ratio Median Figure of 1,080 Publicly-Listed Metals and Mining Companies 1.44x
Canada Market PB Ratio Median Figure of 2,349 Publicly-Listed Companies 1.58x
TSXV:SAE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:SAE Share Price ÷ Book Value per Share (both in CAD)

= 0.15 ÷ 0.07

2.3x

* Primary Listing of Sable Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sable Resources is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Sable Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Sable Resources has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Sable Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sable Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sable Resources expected to grow at an attractive rate?
  • Unable to compare Sable Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Sable Resources's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Sable Resources's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:SAE Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.3%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.8%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:SAE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:SAE Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-09-30 -3 -5
2018-06-30 -3 -4
2018-03-31 -3 -4
2017-12-31 -2 -3
2017-09-30 -2 -2
2017-06-30 -1 -1
2017-03-31 0 -1
2016-12-31 0 0
2016-09-30 0 0
2016-06-30 0 0
2016-03-31 0 0
2015-12-31 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Sable Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Sable Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:SAE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Sable Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SAE Past Financials Data
Date (Data in CAD Millions) EPS *
2018-09-30 -0.05
2018-06-30 -0.05
2018-03-31 -0.05
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.01
2016-09-30 -0.02
2016-06-30 -0.01
2016-03-31 -0.02
2015-12-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Sable Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Sable Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Sable Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Sable Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Sable Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sable Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Sable Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sable Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sable Resources does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Sable Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Sable Resources's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Sable Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sable Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:SAE Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -4.58 5.00
2018-06-30 -4.32 4.28
2018-03-31 -3.75 3.75
2017-12-31 -2.62 2.63
2017-09-30 -2.11 1.58
2017-06-30 -0.99 0.97
2017-03-31 -0.61 0.60
2016-12-31 -0.35 0.38
2016-09-30 -0.23 0.07
2016-06-30 -0.25 0.07
2016-03-31 -0.24 0.07
2015-12-31 -0.24 0.06
2015-09-30 -0.48 0.05
2015-06-30 -0.46 0.03
2015-03-31 -0.57 0.05
2014-12-31 -0.67 0.05
2014-09-30 -0.41 0.07
2014-06-30 -0.44 0.07
2014-03-31 -0.45 0.06
2013-12-31 -0.49 0.08
2013-09-30 -0.64 0.12
2013-06-30 -0.70 0.13
2013-03-31 -1.07 0.14
2012-12-31 -1.05 0.14
2012-09-30 -0.95 0.21
2012-06-30 -1.22 0.22
2012-03-31 -0.65 0.25

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Sable Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Sable Resources has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Sable Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Sable Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sable Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Sable Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sable Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sable Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sable Resources's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Sable Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Sable Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sable Resources Company Filings, last reported 5 months ago.

TSXV:SAE Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 8.45 0.00 3.50
2018-06-30 7.74 0.00 3.16
2018-03-31 8.33 0.00 3.97
2017-12-31 4.60 0.00 4.17
2017-09-30 4.99 0.00 4.70
2017-06-30 1.53 0.00 1.38
2017-03-31 0.80 0.13 1.04
2016-12-31 0.87 0.13 1.07
2016-09-30 0.17 0.27 0.46
2016-06-30 -0.53 0.34 0.00
2016-03-31 -0.51 0.34
2015-12-31 -0.73 0.38
2015-09-30 -0.55 0.33 0.00
2015-06-30 -0.50 0.33 0.00
2015-03-31 -0.49 0.33 0.00
2014-12-31 -0.49 0.33 0.00
2014-09-30 -0.07 0.33 0.00
2014-06-30 -3.91 3.99 0.00
2014-03-31 -3.80 3.92 0.00
2013-12-31 -3.70 3.85 0.00
2013-09-30 -3.53 3.75 0.01
2013-06-30 -3.47 3.69
2013-03-31 -3.35 3.61
2012-12-31 -3.20 3.54 0.01
2012-09-30 -2.90 3.49 0.07
2012-06-30 -2.77 3.41 0.08
2012-03-31 -2.28 2.83
  • Sable Resources has no debt.
  • Sable Resources currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Sable Resources has less than a year of cash runway based on current free cash flow.
  • Sable Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 110.8% each year.
X
Financial health checks
We assess Sable Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sable Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Sable Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Sable Resources dividends.
If you bought CA$2,000 of Sable Resources shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Sable Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Sable Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:SAE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 330 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Sable Resources has not reported any payouts.
  • Unable to verify if Sable Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Sable Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Sable Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Sable Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sable Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sable Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Sable Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Obradovich
COMPENSATION CA$147,000
AGE 57
TENURE AS CEO 2.3 years
CEO Bio

Mr. Thomas J. Obradovich, also known as Tom, has been Chairman of the Sable Resources Ltd. since 2017 and has been its Chief Executive Officer, President and Director since November 30, 2016. Mr. Obradovich has as more than 35 years experience in mining exploration, development and financing. He was President and Chief Executive Officer of Barkerville Gold Mines (“Barkerville”) from January 2015 to July 2016 and served as its Director. He was also the co-founder of Canadian Royalties Inc. and served as its Director. Mr. Obradovich acquired most of the Matachewan gold camp and, through a reverse takeover of Young-Davidson Mines Ltd., upgraded and doubled the resource which was subsequently acquired by Northgate Minerals in 2005. He served as the Chief Executive Officer, President and Director of Young-Davidson Mines Ltd. He served as Chairman of the Board at Dalradian Resources Inc. since May 13, 2011 until May 14, 2015 and its Lead Director from May 14, 2015 to July 7, 2016. He is a Senior Advisor to the Board at Prosper Gold Corp. He served as the Chairman of Independent Nickel Corp. and Lago Dourado Minerals Ltd. He has been an Independent Director of Dalradian Resources Inc. since May 13, 2011. Mr. Obradovich sits on the board of Directors of Barkerville. He served as a Director of Gungnir Resources Inc., Aurelian Resources Inc., DNI Metals Inc. and Opawica Explorations Inc.He is a graduate of the Haileybury School of Mines in mining technology and advanced field geophysics. He served as Chief Executive Officer of 12 Exploration Inc. until July 13, 2018..

CEO Compensation
  • Insufficient data for Tom to compare compensation growth.
  • Tom's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Sable Resources management team in years:

2.3
Average Tenure
  • The tenure for the Sable Resources management team is about average.
Management Team

Tom Obradovich

TITLE
President
COMPENSATION
CA$147K
AGE
57
TENURE
2.3 yrs

Andrew Malashewsky

TITLE
Chief Financial Officer
COMPENSATION
CA$68K
TENURE
0.5 yrs

Terry Harbort

TITLE
VP of Corporate Development & Director
AGE
45

Morten Riset

TITLE
Consultant
TENURE
2.3 yrs

Ruben Padilla

TITLE
VP of Exploration

Shaun Drake

TITLE
Secretary
Board of Directors Tenure

Average tenure and age of the Sable Resources board of directors in years:

2
Average Tenure
47
Average Age
  • The average tenure for the Sable Resources board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tom Obradovich

TITLE
President
COMPENSATION
CA$147K
AGE
57
TENURE
2.2 yrs

Terry Harbort

TITLE
VP of Corporate Development & Director
AGE
45
TENURE
2 yrs

Brent Gilchrist

TITLE
Director
AGE
50
TENURE
2.3 yrs

Andres Tinajero

TITLE
Director
AGE
43
TENURE
1.7 yrs

Don Njegovan

TITLE
Director
AGE
47
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Sable Resources insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
05. Mar 19 Buy Terence Harbort Individual 05. Mar 19 05. Mar 19 150,000 CA$0.10 CA$15,000
25. Feb 19 Buy Terence Harbort Individual 25. Feb 19 25. Feb 19 100,000 CA$0.15 CA$14,500
22. Feb 19 Buy Thomas Obradovich Individual 22. Feb 19 22. Feb 19 100,000 CA$0.15 CA$15,200
12. Feb 19 Buy Brent Gilchrist Individual 08. Feb 19 08. Feb 19 20,000 CA$0.19 CA$3,720
25. Oct 18 Buy Thomas Obradovich Individual 23. Oct 18 25. Oct 18 50,000 CA$0.27 CA$13,440
12. Oct 18 Buy Brent Gilchrist Individual 11. Oct 18 11. Oct 18 100,000 CA$0.25 CA$25,000
12. Oct 18 Buy Thomas Obradovich Individual 11. Oct 18 11. Oct 18 50,000 CA$0.24 CA$11,550
04. Oct 18 Buy Terence Harbort Individual 04. Oct 18 04. Oct 18 30,000 CA$0.25 CA$7,092
03. Oct 18 Buy Terence Harbort Individual 03. Oct 18 03. Oct 18 35,000 CA$0.25 CA$8,575
02. Oct 18 Buy Terence Harbort Individual 02. Oct 18 02. Oct 18 50,000 CA$0.25 CA$12,005
01. Oct 18 Buy Terence Harbort Individual 01. Oct 18 01. Oct 18 50,000 CA$0.24 CA$11,788
01. Oct 18 Buy Thomas Obradovich Individual 25. Sep 18 25. Sep 18 20,000 CA$0.22 CA$4,300
13. Aug 18 Buy Thomas Obradovich Individual 09. Aug 18 09. Aug 18 50,000 CA$0.24 CA$11,900
01. Aug 18 Buy Thomas Obradovich Individual 30. Jul 18 30. Jul 18 40,000 CA$0.27 CA$10,800
07. Apr 18 Buy Shaun Drake Individual 06. Apr 18 06. Apr 18 12,500 CA$0.32 CA$4,000
12. Jul 18 Buy Terence Harbort Individual 12. Jul 18 12. Jul 18 100,000 CA$0.24 CA$24,400
30. May 18 Buy Brent Gilchrist Individual 06. Mar 18 11. Apr 18 820,000 CA$0.34 CA$143,262
13. Apr 18 Buy Brent Gilchrist Individual 11. Apr 18 11. Apr 18 20,000 CA$0.35 CA$6,910
11. Apr 18 Buy Thomas Obradovich Individual 10. Apr 18 10. Apr 18 50,000 CA$0.33 CA$16,250
07. Apr 18 Buy Andres Tinajero Individual 06. Apr 18 06. Apr 18 50,000 CA$0.32 CA$16,010
05. Apr 18 Buy Thomas Obradovich Individual 05. Apr 18 05. Apr 18 50,000 CA$0.30 CA$15,000
X
Management checks
We assess Sable Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sable Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Do Institutions Own Sable Resources Ltd. (CVE:SAE) Shares?

Sable Resources is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that. … See our latest analysis for Sable Resources

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What You Must Know About Sable Resources Ltd's (CVE:SAE) Major Investors

In this article, I'm going to take a look at Sable Resources Ltd’s (CVE:SAE) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine SAE's ownership structure in more detail.

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Who Are Sable Resources Ltd's (CVE:SAE) Major Shareholders?

Insider Ownership Another important group of shareholders are company insiders. … Insider ownership has to do more with how the company is managed and less to do with the direct impact of the magnitude of shares trading on the market. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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Sable Resources Ltd (CVE:SAE): How Does It Impact Your Portfolio?

Sable Resources has a beta of 1.46, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … However, this is the opposite to what SAE’s actual beta value suggests, which is higher stock volatility relative to the market.

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Who Really Owns Sable Resources Ltd (CVE:SAE)?

I am going to take a deep dive into Sable Resources Ltd’s (TSXV:SAE) most recent ownership structure, not a frequent subject of discussion among individual investors. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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A Look At Sable Resources Ltd (CVE:SAE) And The Basic Materials Sector

Sable Resources Ltd (TSXV:SAE), a CADCA$11.17M small-cap, operates in the basic materials industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … Today, I will analyse the industry outlook, and also determine whether Sable Resources is a laggard or leader relative to its basic materials sector peers. … If your initial investment thesis is around the growth prospects of Sable Resources, there are other metals and mining companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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What Are The Drivers Of Sable Resources Ltd's (CVE:SAE) Risks?

A stock with a beta greater than one is expected to exhibit higher volatility resulting from market-wide shocks compared to one with a beta below one. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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Should You Be Concerned About Sable Resources Ltd's (TSXV:SAE) Shareholders?

View our latest analysis for Sable Resources TSXV:SAE Ownership Summary Oct 26th 17 Institutional Ownership Institutional investors are one of the largest group of market participants and their buy-sell decisions on a company's stock can significantly impact prices, more so, when there are relatively small amounts of shares available on the market to trade. … TSXV:SAE Insider Trading Oct 26th 17 General Public Ownership The general public holds a substantial 65.89% stake in SAE, making it a highly popular stock among retail investors. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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Company Info

Description

Sable Resources Ltd., a natural resource company, engages in the acquisition, exploration, and development of precious metal mineral properties in the Province of British Columbia, Canada, Chihuahua State, Mexico, and San Juan Province, Argentina. It explores for gold, silver, and copper deposits. The company has a strategic alliance with Westhaven Ventures Inc. The company was formerly known as Calico Silver Mines Ltd. and changed its name to Sable Resources Ltd. in 1978. Sable Resources Ltd. was incorporated in 1962 and is based in Vancouver, Canada.

Details
Name: Sable Resources Ltd.
SAE
Exchange: TSXV
Founded: 1962
CA$20,949,534
139,663,564
Website: http://www.sableresources.com
Address: Sable Resources Ltd.
999 West Hastings Street,
Suite 900,
Vancouver,
British Columbia, V6C 2W2,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV SAE Common Shares TSX Venture Exchange CA CAD 27. Dec 1989
OTCPK SBLR.F Common Shares Pink Sheets LLC US USD 27. Dec 1989
DB 5XL Common Shares Deutsche Boerse AG DE EUR 27. Dec 1989
Number of employees
Current staff
Staff numbers
0
Sable Resources employees.
Industry
Precious Metals and Minerals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 23:45
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/11/15
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.