Sable Exploration and Mining Group (JSE:SXM) shares
Sable Exploration and Mining Group Review – 5 Key Points Quick Overview
- ☑️ An overview of Sable Exploration and Mining
- ☑️ Sable Exploration and Mining Stock Performance
- ☑️ Highlights of Sable Exploration and Mining
- ☑️ How to buy Sable Exploration and Mining Ltd. stocks – Step by Step
- ☑️ Frequently asked questions
An overview of Sable Exploration and Mining
Sable Exploration and Mining Ltd. is a South African mining company listed on the Johannesburg Stock Exchange (JSE). The company operates in the mining industry and also seeks to acquire projects at various stages of development.
South African company Sable Exploration and Mining Ltd. was established with the intention of participating in the mining business. The corporation and the primary subsidiaries that it controls are the entities that are responsible for carrying out the activities of the group. Exploration, appraisal, and development of multiple exploration properties, the majority of which are located on the western limb of the Bushveld Complex, are the core focus of the company’s business operations.
Sable Exploration and Mining Ltd. was formerly known as Sable Metals and Minerals Ltd. The company’s main objective when it originally went public was to acquire prospecting rights for platinum group metals. Drilling was done in a few project areas, but it turned out that the reefs there that contained platinum were either too deep or had a grade that was too low to be economically viable. On the same sites as the vanadium magnetite reef, the business purchased a number of prospecting rights, which it later sold.
The history of Sable Exploration and Mining Ltd. can be traced back to March 2012 when the company was incorporated as Sable Platinum. The company’s name changed to Sable Metals and Minerals in March 2014. In January 2016, the company’s name changed once more to Middle East Diamond Resources Limited after it was contacted by Middle Eastern investors who wanted to concentrate on diamond acquisitions. Unfortunately, the investors’ promised cash never materialized, and the JSE ceased trading in the share in December 2016.
On 2 November 2025, the company’s name was changed to Sable Exploration and Mining Limited and on 16 February 2025, trading in the shares resumed.
Sable Exploration and Mining Ltd. was first listed on the Johannesburg Stock Exchange (JSE) in November 2012 where it is traded under the stock symbol SXM. The International Securities Identification Number (ISIN) of JSE: SXM is ZAE000303319.
Today, Sable Exploration and Mining Ltd. has a diversified portfolio of products and services in basic materials sectors of the mining industry value chain and renders a variety of relevant services to clients, guaranteeing a solid income for investors.
Sable Exploration and Mining Ltd.’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol SXM.
Sable Exploration and Mining Ltd. has its headquarters at Block A, Kingley Office Park, 85 Protea Road, Chislehurston, South Africa.
Sable Exploration and Mining Ltd. is led by James Gordon Allan (63) as its Chief Executive Officer.
The current board of directors consists of only one more position namely Charles Philip Mostert (66) who is the Lead Independent Non-Executive Director and Acting Chairman.
Sable Exploration and Mining Ltd. forms part of the Mining Industry and the Basic Materials Sector of the Johannesburg Stock Exchange (JSE).
There are a number of companies in the market that compete with Sable Exploration and Mining Ltd., which is the company that issues the SXM stock on the Johannesburg Stock Exchange. These rival companies are also active in the basic materials sector and/or the mining industry.
Based on their performance from the beginning of the year until now, the top ten companies are:
MC Mining Ltd. (NCZ)
Bauba resources Ltd. (BAU)
Exxaro Resources Ltd. (EXX)
Merafe Resources Ltd. (MRF)
Master Drilling Grp Ltd. (MDI)
Eastern Platinum Ltd. (EPS)
Wesizwe Platinum Ltd. (WEZ)
Glencore plc (GLN)
Randgold and Exploration Co. Ltd. (RNG)
Kore Potash plc (KP2)
Sable Exploration and Mining Stock Performance
In July 2025, the current price for Sable Exploration and Mining Ltd. stocks on the Johannesburg Stock Exchange (JSE) has been 1.50 ZAR.
SXM stocks closed a recent trading day (Monday, July 11, 2025) at 1.50 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 0.7 percent drop from its previous closing price of 1.51 ZAR.
An analysis of financial data of Sable Exploration and Mining Ltd. showed that the company has a total market capitalization of 6.53 Million ZAR, with a Price/Earnings ratio of -1.06 and earnings per share of -1.4176 ZAR. The dividend per share of SXM was 12.00 ZAR and its dividend yield was 800 percent. A total of 4.35 Million shares were outstanding at the time.
Sable Exploration and Mining Ltd. is currently perceived as the 421st most valuable stock on the JSE due to its market capitalization of 6.53 million ZAR.
With an increase in earnings per share and reliable profits over a period, investors who want to buy or sell Sable Exploration and Mining Ltd. stocks can be assured of lucrative dividends and earnings in times to come. Investors should, however, keep in mind that the company’s recent poor performance of showing a loss of 43% of its value in the past four weeks, at the time of writing.
According to an analysis on the live chart of Sable Exploration and Mining Ltd., analysts forecast that there could be an improved performance for the financial and property sector with market share growing as trading volumes increase.
Highlights of Sable Exploration and Mining
Sable Exploration and Mining Ltd. started the current financial year (2025) with a share price of 0.11 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 1.264 percent in value on its price valuation, ranking 421st on the JSE where its year-to-date performance is concerned.
Sable Exploration and Mining Ltd. is currently the 383rd most-traded stock on the JSE and it has experienced a total trading volume of 20 312 shares, which were finalized in 15 deals and were valued at a total of 53 887 ZAR over the recent three-month period from 22 April to 22 July 2025, with an average of 322 shares in each trading session.
During the same period, a volume high of 7 068 was achieved on May 11.
However, investors should proceed with care due to Sable Exploration and Mining Ltd.’s recent bad performance, as the company’s valuation has dropped by 43 percent over the course of the past four weeks.
How to buy Sable Exploration and Mining Ltd. stocks – Step by Step
The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily.
To buy, sell or trade Sable Exploration and Mining Ltd. stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:
- Find the share that you want to buy, in this case, “SXM”.
- Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
- Review the broker’s trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
- Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
- You are now ready to make your first share purchase through the broker.
- You can further start to build and diversify your portfolio by buying more shares.
Frequently asked questions
What is the JSE?
The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.
The Johannesburg Stock Exchange is located in Sandton, Johannesburg, and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.
The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.
On which stock exchange does Sable Exploration and Mining Ltd. have shares for sale?
Sable Exploration and Mining Ltd. trades its equity on the Johannesburg Stock Exchange (JSE) under the stock symbol SXM.
What type of company is Sable Exploration and Mining Ltd.?
Sable Exploration and Mining Ltd. is a South African mining company listed on the Johannesburg Stock Exchange (JSE). The company operates in the mining industry and also seeks to acquire projects at various stages of development.
In which industry and sector do Sable Exploration and Mining Ltd. operate?
Sable Exploration and Mining Ltd. forms part of the Mining Industry and the Basic Materials Sector of the Johannesburg Stock Exchange (JSE).
What is the price of Sable Exploration and Mining Ltd. shares today?
At the time of writing, the current price of Sable Exploration and Mining Ltd. shares was 1.50 ZAR on the Johannesburg Stock Exchange (JSE).
Is Sable Exploration and Mining Ltd. a good investment?
Sable Exploration and Mining Ltd.’s forecast indicates that further growth and improvement may be possible in the next quarter of 2025, with investors expecting more profitable dividends and returns with increased financial performance.
What is the Year-to-Date stock price change for Sable Exploration and Mining Ltd.?
The Year-to-date change in the stock price of Sable Exploration and Mining Ltd. was 1.264 percent. Over six months there was no change, but over three months there was a decrease of 37.5 percent. The decrease over the last four weeks was 43.2 percent.