TSXV:ABI

Stock Analysis Report

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Executive Summary

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold properties in Canada. More Details


Snowflake Analysis

Excellent balance sheet with solid track record.

Share Price & News

How has Abcourt Mines's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ABI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: ABI's weekly volatility (11%) has been stable over the past year.


Market Performance


7 Day Return

13.3%

ABI

5.8%

CA Metals and Mining

-0.002%

CA Market


1 Year Return

183.3%

ABI

39.3%

CA Metals and Mining

0.7%

CA Market

Return vs Industry: ABI exceeded the Canadian Metals and Mining industry which returned 37% over the past year.

Return vs Market: ABI exceeded the Canadian Market which returned -0.8% over the past year.


Shareholder returns

ABIIndustryMarket
7 Day13.3%5.8%-0.002%
30 Day-12.8%-2.2%11.9%
90 Day-8.1%-9.3%5.7%
1 Year183.3%183.3%40.4%39.3%4.4%0.7%
3 Year161.5%161.5%50.8%47.5%12.7%1.7%
5 Year385.7%385.7%152.7%145.0%53.8%30.2%

Long-Term Price Volatility Vs. Market

How volatile is Abcourt Mines's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Abcourt Mines undervalued compared to its fair value and its price relative to the market?

144.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ABI's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ABI's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ABI is poor value based on its PE Ratio (144.7x) compared to the CA Metals and Mining industry average (17x).

PE vs Market: ABI is poor value based on its PE Ratio (144.7x) compared to the Canadian market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ABI is good value based on its PB Ratio (1.6x) compared to the CA Metals and Mining industry average (2.6x).


Next Steps

Future Growth

How is Abcourt Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.1%

Forecasted Materials industry annual growth in earnings


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 Abcourt Mines 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Abcourt Mines performed over the past 5 years?

10.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABI has high quality earnings.

Growing Profit Margin: ABI's current net profit margins (1.5%) are higher than last year (0.6%).


Past Earnings Growth Analysis

Earnings Trend: ABI has become profitable over the past 5 years, growing earnings by 10.4% per year.

Accelerating Growth: ABI's earnings growth over the past year (138.7%) exceeds its 5-year average (10.4% per year).

Earnings vs Industry: ABI earnings growth over the past year (138.7%) exceeded the Metals and Mining industry 93.2%.


Return on Equity

High ROE: ABI's Return on Equity (1.1%) is considered low.


Next Steps

Financial Health

How is Abcourt Mines's financial position?


Financial Position Analysis

Short Term Liabilities: ABI's short term assets (CA$7.4M) exceed its short term liabilities (CA$6.4M).

Long Term Liabilities: ABI's short term assets (CA$7.4M) do not cover its long term liabilities (CA$7.7M).


Debt to Equity History and Analysis

Debt Level: ABI is debt free.

Reducing Debt: ABI has not had any debt for past 5 years.

Debt Coverage: ABI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ABI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Abcourt Mines's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ABI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ABI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ABI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ABI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ABI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

20.5yrs

Average board tenure


CEO

Renaud Hinse

no data

Tenure

CA$379,256

Compensation

Mr. Renaud Hinse, P.Eng. serves as the Chief Executive Officer and President of Abcourt Mines Inc. Mr. Hinse served as the Chief Operating Officer of Abcourt Mines Inc. He has worked extensively within the...


CEO Compensation Analysis

Compensation vs Market: Renaud's total compensation ($USD292.73K) is above average for companies of similar size in the Canadian market ($USD165.57K).

Compensation vs Earnings: Renaud's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Renaud Hinse
Presidentno dataCA$379.26k2.7%
CA$ 1.4m
Nicole Veilleux
Independent Director1.92yrsCA$3.96k0.042%
CA$ 21.5k
Normand Hinse
Non-Independent Director34yrsCA$2.64k1.93%
CA$ 989.5k
Jean-Guy Courtois
Non-Independent Director40.92yrsCA$1.32k0.14%
CA$ 70.9k
Daniel Adam
Independent Director1.92yrsCA$2.64k0.054%
CA$ 27.8k
François Joseph Pierre Mestrallet
Independent Director6.92yrsCA$1.05k16.76%
CA$ 8.6m

20.5yrs

Average Tenure

Experienced Board: ABI's board of directors are seasoned and experienced ( 20.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ABI insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Abcourt Mines Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Abcourt Mines Inc.
  • Ticker: ABI
  • Exchange: TSXV
  • Founded: 1971
  • Industry: Precious Metals and Minerals
  • Sector: Materials
  • Market Cap: CA$51.234m
  • Shares outstanding: 310.51m
  • Website: https://www.abcourt.com

Location

  • Abcourt Mines Inc.
  • 475 Avenue de l’Eglise
  • Evain
  • Rouyn-Noranda
  • Quebec
  • J0Z 1Y0
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABITSXV (TSX Venture Exchange)YesClass B SharesCACADAug 1989
AMLDB (Deutsche Boerse AG)YesClass B SharesDEEURAug 1989
ABMB.FOTCPK (Pink Sheets LLC)YesClass B SharesUSUSDAug 1989

Biography

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold properties in Canada. It explores for silver, copper, and zinc ores, as well as diamond deposits. The compan...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/01 23:18
End of Day Share Price2020/12/01 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.