Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. More Details
Imperfect balance sheet with weak fundamentals.
Share Price & News
How has Abacus Mining & Exploration's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AME is more volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 18% a week.
Volatility Over Time: AME's weekly volatility has decreased from 26% to 18% over the past year, but is still higher than 75% of Canadian stocks.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: AME exceeded the Canadian Metals and Mining industry which returned 40.9% over the past year.
Return vs Market: AME exceeded the Canadian Market which returned 1.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Abacus Mining & Exploration's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 months ago | Simply Wall StAre Insiders Buying Abacus Mining & Exploration Corporation (CVE:AME) Stock?
8 months ago | Simply Wall StDo Insiders Own Lots Of Shares In Abacus Mining & Exploration Corporation (CVE:AME)?
11 months ago | Simply Wall StCOO & President Paul Anderson Just Sold A Bunch Of Shares In Abacus Mining & Exploration Corporation (CVE:AME)
Is Abacus Mining & Exploration undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Abacus Mining & Exploration is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Abacus Mining & Exploration has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of AME's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through Abacus Mining & Exploration regulatory filings.
- Explore potentially undervalued companies in the Materials industry.
How is Abacus Mining & Exploration 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 Abacus Mining & Exploration 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.
- Take a look at our analysis of AME’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Abacus Mining & Exploration competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Abacus Mining & Exploration performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AME is currently unprofitable.
Growing Profit Margin: AME is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AME is unprofitable, but has reduced losses over the past 5 years at a rate of 16.7% per year.
Accelerating Growth: Unable to compare AME's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AME is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: AME's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Abacus Mining & Exploration's financial position?
Financial Position Analysis
Short Term Liabilities: AME has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AME has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AME has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AME's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: AME has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AME has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 1.3% each year.
What is Abacus Mining & Exploration current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AME'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 AME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AME'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 AME'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
Abacus Mining & Exploration has no CEO, or we have no data on them.
|Executive Chairman||6.83yrs||CA$197.38k||1.98% |
|Independent Director||13.75yrs||CA$49.09k||0.065% |
|Independent Director||5.25yrs||CA$22.50k||0.45% |
|Independent Director||5.25yrs||CA$22.50k||1.11% |
Experienced Board: AME's board of directors are considered experienced (6 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 diluted in the past year, with total shares outstanding growing by 42.9%.
Abacus Mining & Exploration Corporation's company bio, employee growth, exchange listings and data sources
- Name: Abacus Mining & Exploration Corporation
- Ticker: AME
- Exchange: TSXV
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$10.732m
- Shares outstanding: 74.01m
- Website: https://www.amemining.com
- Abacus Mining & Exploration Corporation
- 1050 West Pender Street
- Suite 1000
- British Columbia
- V6E 3S7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AME||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Sep 1988|
|DGV2||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Sep 1988|
|ABCF.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Sep 1988|
|0UFP||LSE (London Stock Exchange)||Yes||Common Shares||GB||CAD||Sep 1988|
Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% i...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 23:11|
|End of Day Share Price||2020/12/03 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.