Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. More Details
Excellent balance sheet with acceptable 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 +/- 10% a week.
Volatility Over Time: ABI's weekly volatility (10%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ABI exceeded the Canadian Metals and Mining industry which returned 33.4% over the past year.
Return vs Market: ABI exceeded the Canadian Market which returned 1.6% over the past year.
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
2 months ago | Simply Wall StWill The ROCE Trend At Abcourt Mines (CVE:ABI) Continue?
4 months ago | Simply Wall StDid The Underlying Business Drive Abcourt Mines' (CVE:ABI) Lovely 450% Share Price Gain?
7 months ago | Simply Wall StAbcourt Mines (CVE:ABI) Shareholders Have Enjoyed An Impressive 113% Share Price Gain
Is Abcourt Mines undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ABI (CA$0.15) is trading above our estimate of fair value (CA$0.03)
Significantly Below Fair Value: ABI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ABI is poor value based on its PE Ratio (31.2x) compared to the CA Metals and Mining industry average (17.2x).
PE vs Market: ABI is poor value based on its PE Ratio (31.2x) compared to the Canadian market (16.6x).
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 (1.4x) compared to the CA Metals and Mining industry average (2.9x).
How is Abcourt Mines forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- Examine Abcourt Mines'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.
- Abcourt Mines competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Abcourt Mines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABI has high quality earnings.
Growing Profit Margin: ABI became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ABI has become profitable over the past 5 years, growing earnings by 9.1% per year.
Accelerating Growth: ABI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ABI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (71.8%).
Return on Equity
High ROE: ABI's Return on Equity (4.5%) is considered low.
How is Abcourt Mines's financial position?
Financial Position Analysis
Short Term Liabilities: ABI's short term assets (CA$7.2M) exceed its short term liabilities (CA$5.4M).
Long Term Liabilities: ABI's short term assets (CA$7.2M) do not cover its long term liabilities (CA$7.7M).
Debt to Equity History and Analysis
Debt Level: ABI is debt free.
Reducing Debt: ABI has not had any debt for past 5 years.
Debt Coverage: ABI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ABI has no debt, therefore coverage of interest payments is not a concern.
What is Abcourt Mines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ABI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ABI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ABI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABI's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Renaud Hinse, P.Eng. serves as the Chief Executive Officer and President of Abcourt Mines Inc. Mr. Hinse served as the Chief Operating Officer of Abcourt Mines Inc. He has worked extensively within the...
CEO Compensation Analysis
Compensation vs Market: Renaud's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD153.12K).
Compensation vs Earnings: Renaud's compensation has been consistent with company performance over the past year.
|President||no data||CA$379.26k||2.69% |
|Independent Director||2.08yrs||CA$3.96k||0.047% |
|Non-Independent Director||34.17yrs||CA$2.64k||1.93% |
|Non-Independent Director||41.08yrs||CA$1.32k||0.14% |
|Independent Director||2.08yrs||CA$2.64k||0.054% |
|Independent Director||7.08yrs||CA$1.05k||16.72% |
Experienced Board: ABI's board of directors are seasoned and experienced ( 20.6 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Abcourt Mines Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Abcourt Mines Inc.
- Ticker: ABI
- Exchange: TSXV
- Founded: 1971
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$46.708m
- Shares outstanding: 311.39m
- Website: https://www.abcourt.com
- Abcourt Mines Inc.
- 475 de l’Église Avenue
- J0Z 1Y1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABI||TSXV (TSX Venture Exchange)||Yes||Class B Shares||CA||CAD||Aug 1989|
|AML||DB (Deutsche Boerse AG)||Yes||Class B Shares||DE||EUR||Aug 1989|
|ABMB.F||OTCPK (Pink Sheets LLC)||Yes||Class B Shares||US||USD||Aug 1989|
Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/18 00:24|
|End of Day Share Price||2021/01/15 00:00|
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.