Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada.
+ 1 more risk
Adequate balance sheet and overvalued.
Share Price & News
How has Aben Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABN has not had significant price volatility in the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: ABN underperformed the Canadian Metals and Mining industry which returned 4.5% over the past year.
Return vs Market: ABN underperformed the Canadian Market which returned 4.9% over the past year.
Price Volatility Vs. Market
How volatile is Aben Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StDo Institutions Own Aben Resources Ltd. (CVE:ABN) Shares?
2 months ago | Simply Wall StHere's Why We're A Bit Worried About Aben Resources's (CVE:ABN) Cash Burn Situation
3 months ago | Simply Wall StWhat Kind Of Share Price Volatility Should You Expect For Aben Resources Ltd. (CVE:ABN)?
Is Aben Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate ABN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate ABN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: ABN is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: ABN is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ABN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ABN is good value based on its PB Ratio (0.7x) compared to the CA Metals and Mining industry average (1.5x).
How is Aben Resources 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 Aben Resources 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 Aben Resources'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.
- Aben Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Aben Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABN is currently unprofitable.
Growing Profit Margin: ABN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ABN is unprofitable, and losses have increased over the past 5 years at a rate of -45.6% per year.
Accelerating Growth: Unable to compare ABN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ABN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (10.1%).
Return on Equity
High ROE: ABN has a negative Return on Equity (-14.23%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Aben Resources's financial position?
Financial Position Analysis
Short Term Liabilities: ABN's short term assets (CA$2.7M) exceed its short term liabilities (CA$511.4K).
Long Term Liabilities: ABN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ABN is debt free.
Reducing Debt: ABN has not had any debt for past 5 years.
Inventory Level: ABN has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if ABN's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ABN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABN has less than a year of cash runway if free cash flow continues to reduce at historical rates of -49.6% each year
What is Aben Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ABN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ABN'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 ABN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ABN'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 ABN'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
Jim Pettit (64yo)
Mr. James Gaydon Pettit, also known as Jim, has been the Chief Executive Officer of Cu Ventures Corp. since 2004 and serves as its Chairman and served as its President since March 5, 2004. Mr. Pettit has b ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD79.37K) is below average for companies of similar size in the Canadian market ($USD154.66K).
Compensation vs Earnings: Jim's compensation has increased whilst the company is unprofitable.
|Acting CFO & Director||21.4yrs||CA$6.00k||0.046% CA$4.5k|
|Director of Corporate Communications & Director||2.8yrs||CA$48.00k||0.35% CA$34.6k|
|Chairman of the Board||8.9yrs||CA$18.60k||0.98% CA$97.9k|
|Independent Director||8.9yrs||CA$57.67k||0.62% CA$62.4k|
|Member of Technical Advisory Board||3.6yrs||no data||no data|
|Independent Director||14.3yrs||CA$18.00k||0.0019% CA$191.6|
Experienced Board: ABN's board of directors are considered experienced (8.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 57%.
Aben Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Aben Resources Ltd.
- Ticker: ABN
- Exchange: TSXV
- Founded: 1960
- Industry: Gold
- Sector: Materials
- Market Cap: CA$9.981m
- Shares outstanding: 117.42m
- Website: https://www.abenresources.com
- Aben Resources Ltd.
- 777 Dunsmuir Street
- Suite 1610
- British Columbia
- V7Y 1K4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ABN||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|E2L2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|ABNA.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
Aben Resources Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties primarily in British Columbia, Saskatchewan, and Yukon, Canada. The company primarily explores for gold deposits. Its principal project includes the Forrest Kerr Gold project that covers an area of 23,000 hectares located in northwestern British Columbia. The company was formerly known as Consolidated Abaddon Resources Inc. and changed its name to Aben Resources Ltd. in January 2011. Aben Resources Ltd. was incorporated in 1960 and is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 23:54|
|End of Day Share Price||2020/02/18 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.