TSXV:ABI

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

14.3%

ABI

1.1%

CA Metals and Mining

0.6%

CA Market


1 Year Return

77.8%

ABI

22.1%

CA Metals and Mining

7.2%

CA Market

Return vs Industry: ABI exceeded the Canadian Metals and Mining industry which returned 22.1% over the past year.

Return vs Market: ABI exceeded the Canadian Market which returned 7.2% over the past year.


Shareholder returns

ABIIndustryMarket
7 Day14.3%1.1%0.6%
30 Day0%2.1%3.0%
90 Day-5.9%-3.1%4.5%
1 Year77.8%77.8%23.1%22.1%10.7%7.2%
3 Year6.7%6.7%-1.8%-3.6%18.4%7.8%
5 Year60.0%60.0%19.2%15.2%26.7%8.2%

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?

145.45x

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 (145.5x) compared to the Metals and Mining industry average (13.9x).

PE vs Market: ABI is poor value based on its PE Ratio (145.5x) compared to the Canadian market (14.5x).


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 (0.8x) compared to the CA Metals and Mining industry average (1.3x).


Next Steps

Future Growth

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

23.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABI's forecast earnings growth (23.6% per year) is above the savings rate (1.9%).

Earnings vs Market: ABI's earnings (23.6% per year) are forecast to grow faster than the Canadian market (9.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if ABI's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: Insufficient data to determine if ABI's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if ABI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Abcourt Mines performed over the past 5 years?

55.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABI has high quality earnings.

Growing Profit Margin: ABI's current net profit margins (0.6%) are lower than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: ABI has become profitable over the past 5 years, growing earnings by 55.3% per year.

Accelerating Growth: ABI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ABI had negative earnings growth (-88.6%) over the past year, making it difficult to compare to the Metals and Mining industry average (-11.1%).


Return on Equity

High ROE: ABI's Return on Equity (0.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Abcourt Mines's financial position?


Financial Position Analysis

Short Term Liabilities: ABI's short term assets (CA$6.9M) exceeds its short term liabilities (CA$5.5M)

Long Term Liabilities: ABI's short term assets (6.9M) exceeds its long term liabilities (5.9M)


Debt to Equity History and Analysis

Debt Level: ABI is debt free.

Reducing Debt: ABI had no debt 5 years ago.

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

Inventory Level: ABI has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if ABI's debt is covered by short term assets.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.0%markettop25%5.7%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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

19.5yrs

Average board tenure


CEO

Renaud Hinse 0

0yrs

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 ($USD286.72K) is above average for companies of similar size in the Canadian market ($USD136.08K).

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


Board Age and Tenure

19.5yrs

Average Tenure

Experienced Board: ABI's board of directors are seasoned and experienced ( 19.5 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyCA$20,00017 Oct 19
Normand Hinse
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Director
Shares170,000
Max PriceCA$0.13
BuyCA$65,00009 Oct 19
Decochib inc.
EntityCompany
Shares520,000
Max PriceCA$0.13
BuyCA$37,00009 Oct 19
Renaud Hinse
EntityIndividual
Role
Chief Executive Officer
President
Shares300,000
Max PriceCA$0.13
BuyCA$12,75013 Aug 19
François Joseph Pierre Mestrallet
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares150,000
Max PriceCA$0.085
BuyCA$9,50009 Aug 19
François Joseph Pierre Mestrallet
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares100,000
Max PriceCA$0.095
BuyCA$8,50008 Aug 19
François Joseph Pierre Mestrallet
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares100,000
Max PriceCA$0.085
BuyCA$2,50020 Jun 19
Decochib inc.
EntityCompany
Shares50,000
Max PriceCA$0.05
BuyCA$1,25013 Jun 19
Decochib inc.
EntityCompany
Shares25,000
Max PriceCA$0.05
BuyCA$3,75030 May 19
Decochib inc.
EntityCompany
Shares75,000
Max PriceCA$0.05
BuyCA$2,50008 May 19
Decochib inc.
EntityCompany
Shares50,000
Max PriceCA$0.05
BuyCA$50007 May 19
Decochib inc.
EntityCompany
Shares10,000
Max PriceCA$0.05
BuyCA$19,95002 May 19
François Joseph Pierre Mestrallet
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares399,000
Max PriceCA$0.05
BuyCA$5005 Apr 19
François Joseph Pierre Mestrallet
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceCA$0.05
BuyCA$5,33525 Feb 19
Normand Hinse
EntityIndividual
Role
Member of the Board of Directors
Non-Independent Director
Shares88,915
Max PriceCA$0.06
BuyCA$8,80008 Jan 19
Nicole Veilleux
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares130,000
Max PriceCA$0.07
BuyCA$10,00202 Jan 19
Daniel Adam
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares148,600
Max PriceCA$0.07
BuyCA$65,10001 Jan 19
Decochib inc.
EntityCompany
Shares930,000
Max PriceCA$0.07
BuyCA$35,01001 Jan 19
Renaud Hinse
EntityIndividual
Role
Chief Executive Officer
President
Shares503,000
Max PriceCA$0.07

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


Management Team

  • Julie Godard (56yo)

    Legal Counsel & Corporate Secretary

    • Tenure: 0yrs
  • Renaud Hinse

    President

    • Tenure: 0yrs
    • Compensation: CA$379.26k
  • Judith Hinse

    Consultant

    • Tenure: 0yrs
  • Roger Jolicoeur

    Consultant

    • Tenure: 0yrs
  • Charles Bélanger

    Consultant of Mines

    • Tenure: 0yrs
  • Christine Lefebvre

    CFO & Chief Accountant

    • Tenure: 1.5yrs
    • Compensation: CA$105.55k

Board Members

  • Nicole Veilleux

    Independent Director

    • Tenure: 0.9yrs
    • Compensation: CA$3.96k
  • Renaud Hinse

    President

    • Tenure: 0yrs
    • Compensation: CA$379.26k
  • Normand Hinse

    Non-Independent Director

    • Tenure: 33yrs
    • Compensation: CA$2.64k
  • Jean-Guy Courtois

    Non-Independent Director

    • Tenure: 39.9yrs
    • Compensation: CA$1.32k
  • Daniel Adam

    Independent Director

    • Tenure: 0.9yrs
    • Compensation: CA$2.64k
  • François Joseph Pierre Mestrallet

    Independent Director

    • Tenure: 5.9yrs
    • Compensation: CA$1.05k

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$24.585m
  • Shares outstanding: 307.31m
  • Website: https://www.abcourt.com

Location

  • Abcourt Mines Inc.
  • 475 Avenue de l’Eglise
  • Evain
  • Rouyn-Noranda
  • Quebec
  • J0Z 1Y1
  • 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 also explores for silver, copper, and zinc ores. The company holds a 100% interest  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/15 23:31
End of Day Share Price2019/11/15 00:00
Earnings2019/06/30
Annual Earnings2019/06/30


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.