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 +/- 13% a week.
Volatility Over Time: AME's weekly volatility (13%) has been stable 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 underperformed the Canadian Metals and Mining industry which returned -8.3% over the past year.
Return vs Market: AME underperformed the Canadian Market which returned 28% 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
No news available
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.
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.
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 33.1% 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 (117.2%).
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 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AME is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.
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
Paul G. Anderson, M.Sc., P.Geo. has been President of Abacus Mining & Exploration Corporation since December 01, 2017 and Chief Executive Officer since February 2021. He served as Chief Operating Officer o...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Paul's total compensation is reasonable compared to companies of similar size in the Canadian market.
Compensation vs Earnings: Paul's compensation has been consistent with company performance over the past year.
Experienced Board: AME's board of directors are considered experienced (5.9 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 diluted in the past year, with total shares outstanding growing by 37.1%.
Abacus Mining & Exploration Corporation's company bio, employee growth, exchange listings and data sources
- Name: Abacus Mining & Exploration Corporation
- Ticker: AME
- Exchange: TSXV
- Founded: NaN
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$11.172m
- Shares outstanding: 85.94m
- Website: https://www.amemining.com
- Abacus Mining & Exploration Corporation
- 1050 West Pender Street
- Suite 1000
- British Columbia
- V6E 3S7
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||2021/08/04 22:00|
|End of Day Share Price||2021/08/03 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.