Sable Resources stock jumped 45.5% to C$0.08 on heavy volume, with no public reason given.

Sable Resources (CVE:SAE) shares surged 45.5% on Thursday, reaching C$0.08 from C$0.06, with trading volume jumping to 3.57 million shares—nearly three times the average. The rise, driven by heightened market activity, occurred amid no disclosed catalyst. The company, focused on mineral exploration in Mexico and Argentina, holds interests in projects like Don Julio, El Fierro, and El Fierrazo. It has a market cap of C$25.58 million, a debt-to-equity ratio of 1.33, and 50-day and 200-day moving averages both at C$0.04. The stock’s recent performance reflects strong trading interest, though the underlying cause remains unspecified.