Abacus Mining & Exploration (AME) AI Stock Analysis

• Market Cap: C$4.32M
• Dividend Yield: N/A
• Average Volume (3M): 65.77K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.97
• Revenue Growth: N/A
• EPS Growth: 6.36%
• Country: CA
• Employees: 8
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 172,606,260
• 10 Day Avg. Volume: 17,610
• 30 Day Avg. Volume: 65,766
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -10.14
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.02 ▼(-5.00% Downside)

The score is driven primarily by weak financial performance (no revenue, persistent losses, negative equity, rising debt, and ongoing cash burn). Technical signals also lean bearish (negative MACD, RSI below 40, and price below the 20-day average). The small private placement is a modest positive for liquidity, but valuation support is limited due to a negative P/E and no dividend.

Positive Factors

Strategic Location

Operating in mining-friendly areas provides regulatory advantages and infrastructure support, enhancing long-term project viability and potential profitability.

Recent Capital Raise

The capital raise strengthens financial resources for ongoing projects, potentially improving exploration capabilities and market position in the copper and gold sectors.

Partnership Opportunities

AME's strategy to partner with larger firms can provide necessary capital and expertise, enhancing project development and long-term revenue potential.

Negative Factors

Negative Cash Flow

Consistently negative cash flow highlights challenges in funding operations internally, increasing reliance on external financing and affecting financial stability.

No Revenue Generation

Lack of revenue generation indicates difficulty in advancing projects to profitable stages, impacting long-term sustainability and investor confidence.

High Debt Levels

High debt relative to assets and negative equity pose risks of insolvency, limiting financial flexibility and potential for future growth.

Abacus Mining & Exploration Business Overview & Revenue Model

Company Description

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% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims. It also has a 20% interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. The company is based in Vancouver, Canada.

How the Company Makes Money

Abacus Mining & Exploration makes money through a combination of exploration and development of mineral properties, primarily focusing on copper and gold. The company generates revenue by advancing its mineral projects to stages where they can attract investment or partnership opportunities. Key revenue streams include selling or joint venturing its projects to larger mining companies that can take on the operational phase, as well as earning royalties or equity stakes in projects that progress to production. Significant partnerships with other mining firms or financial institutions can also provide necessary capital and shared expertise, contributing to the company's earnings potential.

Abacus Mining & Exploration Financial Statement Overview

Summary

Abacus Mining & Exploration faces substantial financial challenges, reflected by a lack of revenue, continuous net losses, and high leverage. The company shows negative equity and cash flow issues, indicating an urgent need for strategic intervention.

Income Statement

The company has reported no revenue over the years, indicating a lack of operational income. Both net income and EBIT have been consistently negative, reflecting sustained operating losses. The absence of revenue growth and negative profit margins highlight significant financial challenges in generating and sustaining income.

Balance Sheet

The company exhibits a negative stockholders' equity, indicating financial distress and potential insolvency risks. With a high level of total debt relative to assets, there is an extremely high debt-to-equity ratio, exacerbating financial instability. The persistent negative equity over multiple periods is a significant concern.

Cash Flow

Operating cash flow has remained negative, indicating insufficient cash generation from core activities. The free cash flow has also been consistently negative, reflecting ongoing cash outflows. Although financing cash flow has been positive, it suggests reliance on external funding to support operations, which may not be sustainable long term.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-792.11K	-501.88K	-20.55K	-727.00K	-2.46M	-1.03M
Net Income	-4.42M	-4.03M	-1.67M	-3.29M	-5.46M	-3.03M
Balance Sheet
Total Assets	8.44M	8.48M	7.89M	5.62M	5.77M	6.54M
Cash, Cash Equivalents and Short-Term Investments	55.50K	48.27K	64.88K	76.72K	57.98K	628.47K
Total Debt	34.34M	31.24M	27.51M	24.25M	21.99M	19.25M
Total Liabilities	34.62M	31.76M	27.76M	24.47M	22.24M	19.46M
Stockholders Equity	-26.18M	-23.27M	-19.87M	-18.85M	-16.47M	-12.92M
Cash Flow
Free Cash Flow	-552.58K	-324.76K	-575.80K	-687.67K	-2.15M	-1.21M
Operating Cash Flow	-460.55K	-324.76K	-424.60K	-552.30K	-2.03M	-1.04M
Investing Cash Flow	-92.04K	-169.31K	-151.20K	-135.37K	-117.95K	-164.47K
Financing Cash Flow	181.74K	477.46K	563.96K	706.41K	1.58M	1.41M

Abacus Mining & Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GLM	52 Neutral	C$6.99M	-12.73	-5.30%	―	―	―
PER	50 Neutral	C$8.30M	40.00	14.20%	―	16.85%	―
SRI	47 Neutral	C$4.25M	-125.00	-4.30%	―	―	95.92%
NLR	47 Neutral	C$6.25M	-2.47	-284.00%	―	―	-202.42%
CRUZ	45 Neutral	C$6.65M	-6.14	-24.99%	―	―	27.50%
AME	41 Neutral	C$4.32M	-0.81	―	―	―	6.36%

Abacus Mining & Exploration Corporate Events

Abacus Mining Upsizes Private Placement to $346,250 for Working Capital

Abacus Mining & Exploration has increased the size of its previously announced non-brokered private placement to 13,850,000 units at $0.025 per unit, for potential gross proceeds of up to $346,250, with each unit comprising one common share and half a warrant exercisable at $0.05 for three years. The financing, which is subject to TSX Venture Exchange approval and may involve insider participation and finders’ fees, is intended for general working capital and offers existing shareholders an opportunity to participate under prospectus exemptions, modestly bolstering Abacus’s balance sheet as it advances its copper and gold assets in British Columbia and Nevada.

The most recent analyst rating on (TSE:AME) stock is a Hold with a C$0.02 price target. To see the full list of analyst forecasts on Abacus Mining & Exploration stock, see the TSE:AME Stock Forecast page.

Abacus Mining Announces $300,000 Private Placement

Abacus Mining & Exploration Corporation has announced a non-brokered private placement to raise up to $300,000 by issuing 12,000,000 units at $0.025 per unit. The funds will be used for general working capital, and the offering is subject to TSX Venture Exchange approval. This move aims to bolster the company’s financial position and support its ongoing projects, including the advanced Ajax copper-gold development project and the Willow copper-molybdenum property.

Abacus Mining & Exploration Updates on Copper Projects and Strategic Developments

Abacus Mining & Exploration Corporation provided an update on its activities for 2025, highlighting its focus on copper exploration and development. The company holds a 20% interest in the Ajax copper-gold project in British Columbia, which has substantial copper and gold reserves. Despite a previous environmental assessment denial, Abacus and its partner KGHM are re-evaluating the project with stakeholder relations in mind. Additionally, Abacus fully acquired the Willow property in Nevada, where it has discovered a new porphyry, indicating potential for further exploration and development.

Abacus Mining Ensures Shareholder Access to Meeting Materials Amid Postal Strike

Abacus Mining & Exploration Corporation has informed its shareholders about the availability of materials for the upcoming annual general and special meeting scheduled for November 27, 2025. Due to a rotating postal strike in Canada, the company advises shareholders to access the meeting materials electronically via SEDAR+ or the company’s website, as postal delays may prevent timely receipt. This announcement underscores the company’s proactive approach in ensuring shareholder engagement despite logistical challenges.