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Abacus Mining & Exploration Corp (TSE:AME)
:AME
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Abacus Mining & Exploration (AME) Price & Analysis

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AME Stock Chart & Stats

C$0.02
<C$0.01(25.00%)
At close: 4:00 PM EST
C$0.02
<C$0.01(25.00%)

Bulls Say, Bears Say

Bulls Say
Lean Operating FootprintA very small headcount (8 employees) implies low fixed overhead and a lean cost base. For an exploration-stage miner this reduces cash burn per period, extends runway between financings, and makes operational spending easier to scale up or down as project milestones dictate.
Lower Cash Burn Vs. Prior YearsTrailing data shows operating cash outflows have declined versus 2021 and free cash flow outflow shrank in the TTM. A sustained reduction in cash burn improves financing run-rate, lowering near-term recapitalization pressure and lengthening the time to execute exploration catalysts.
Improved Net-loss In 2023The improvement in the 2023 net loss versus prior years suggests management enacted cost controls or more efficient operations. If maintained, this discipline supports a more durable path to funding smaller programs and reduces the quantum of external capital required for near-term work.
Bears Say
Deeply Negative EquityA deeply negative equity position limits financial flexibility, constrains borrowing capacity, and raises the likelihood of dilution or a recapitalization. Over the medium term, negative equity makes it harder to absorb shocks and can impede strategic options like joint ventures or asset-backed financing.
High Leverage Vs Small Asset BaseDebt materially exceeds tangible assets, producing extreme leverage versus a small asset base. This elevates solvency and refinancing risk; creditors may gain leverage on terms, and the company could face stressed liquidity if capital markets tighten or if expected project milestones are delayed.
No Revenue; Persistent LossesThe company remains pre-revenue with persistent operating losses and negative operating cash flow. Without operating revenue, the business must rely on external capital to advance projects, creating execution risk and ongoing dilution pressure until a clear path to production or meaningful resource monetization is established.

Abacus Mining & Exploration News

AME FAQ

What was Abacus Mining & Exploration Corp’s price range in the past 12 months?
Abacus Mining & Exploration Corp lowest stock price was C$0.01 and its highest was C$0.05 in the past 12 months.
    What is Abacus Mining & Exploration Corp’s market cap?
    Abacus Mining & Exploration Corp’s market cap is C$4.69M.
      When is Abacus Mining & Exploration Corp’s upcoming earnings report date?
      Abacus Mining & Exploration Corp’s upcoming earnings report date is Sep 02, 2026 which is in 83 days.
        How were Abacus Mining & Exploration Corp’s earnings last quarter?
        Currently, no data Available
        Is Abacus Mining & Exploration Corp overvalued?
        According to Wall Street analysts Abacus Mining & Exploration Corp’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Abacus Mining & Exploration Corp pay dividends?
          Abacus Mining & Exploration Corp does not currently pay dividends.
          What is Abacus Mining & Exploration Corp’s EPS estimate?
          Abacus Mining & Exploration Corp’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Abacus Mining & Exploration Corp have?
          Abacus Mining & Exploration Corp has 187,456,270 shares outstanding.
            What happened to Abacus Mining & Exploration Corp’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Abacus Mining & Exploration Corp?
            Currently, no hedge funds are holding shares in TSE:AME
            What is the TipRanks Smart Score and how is it calculated?
            Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

              Company Description

              Abacus Mining & Exploration Corp

              Abacus Mining & Exploration Corporation operates as an exploration-focused firm, primarily engaged in identifying, acquiring, and advancing mineral deposits. Its portfolio includes an option to secure a 75% ownership stake in the Willow copper-molybdenum project, situated near Yerington, Nevada, where it also conducts exploration activities on the Nev-Lorraine claims. Furthermore, the company holds a 20% interest in the KGHM Ajax copper-gold property, located southwest of Kamloops, British Columbia. Abacus Mining & Exploration Corporation maintains its corporate headquarters in Vancouver, Canada.

              Abacus Mining & Exploration (AME) Earnings & Revenues

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