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Abacus Mining & Exploration
(AME)
Select Model
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Rating:40Underperform
Price Target:
C$0.02
▼(-5.00% Downside)
Action:Downgraded
Date:06/05/26
The score is driven primarily by very weak financial fundamentals—no revenue, ongoing losses/cash burn, and especially elevated balance-sheet risk from persistent negative equity and rising debt versus a small asset base. Technicals are also soft with price below key longer-term moving averages and negative MACD, while valuation provides limited support given a negative P/E and no dividend yield data.
Positive Factors
Exploration-focused business model
A clear, focused exploration and development strategy provides structural optionality: successful discoveries or project advances can materially create value. This durable business model aligns capital deployment with discrete project milestones rather than short-term sales cycles.
Negative Factors
Elevated balance-sheet risk
Deeply negative equity combined with sizable debt versus a small asset base indicates acute solvency and financial flexibility constraints. Over months this raises the probability of recapitalization, restructuring, or dilutive financing, limiting the firm's ability to fund exploration internally.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration-focused business model
A clear, focused exploration and development strategy provides structural optionality: successful discoveries or project advances can materially create value. This durable business model aligns capital deployment with discrete project milestones rather than short-term sales cycles.
Read all positive factors
Abacus Mining & Exploration (AME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.75M
Dividend YieldN/A
Average Volume (3M)65.77K
Price to Earnings (P/E)―
Beta (1Y)-1.11
Revenue GrowthN/A
EPS Growth25.51%
CountryCA
Employees8
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding187,456,270
10 Day Avg. Volume17,610
30 Day Avg. Volume65,766
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-0.09
Price to Sales (P/S)0.00
P/FCF Ratio-6.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Abacus Mining & Exploration Business Overview & Revenue Model
Company Description
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-mol...
How the Company Makes Money
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Abacus Mining & Exploration Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
4
Very Negative
Cash Flow
12
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -407.32K | -501.88K | -20.55K | -727.00K | -2.46M |
| Net Income | -4.60M | -4.03M | -1.67M | -3.29M | -5.46M |
Balance Sheet | |||||
| Total Assets | 8.30M | 8.48M | 7.89M | 5.62M | 5.77M |
| Cash, Cash Equivalents and Short-Term Investments | 117.92K | 48.27K | 64.88K | 76.72K | 57.98K |
| Total Debt | 35.06M | 31.24M | 27.51M | 24.25M | 21.99M |
| Total Liabilities | 35.54M | 31.76M | 27.76M | 24.47M | 22.24M |
| Stockholders Equity | -27.24M | -23.27M | -19.87M | -18.85M | -16.47M |
Cash Flow | |||||
| Free Cash Flow | -398.74K | -324.76K | -575.80K | -687.67K | -2.15M |
| Operating Cash Flow | -398.74K | -324.76K | -424.60K | -552.30K | -2.03M |
| Investing Cash Flow | -45.16K | -169.31K | -151.20K | -135.37K | -117.95K |
| Financing Cash Flow | 513.56K | 477.46K | 563.96K | 706.41K | 1.58M |
Abacus Mining & Exploration Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$26.63M | 11.66 | 14.20% | ― | 13.74% | ― | |
50 Neutral | C$7.48M | -3.25 | -284.00% | ― | ― | -119.88% | |
42 Neutral | C$3.87M | -100.00 | -24.99% | ― | ― | 97.71% | |
42 Neutral | C$3.63M | -15.38 | -4.20% | ― | ― | 53.49% | |
40 Underperform | C$3.75M | -0.78 | ― | ― | ― | 25.51% |
* Basic Materials Sector Average
TSE:AME
Abacus Mining & Exploration
0.02
0.00
0.00%
TSE:CRUZ
Cruz Capital
0.02
0.00
0.00%
TSE:SRI
Sparton Resources
0.02
0.00
0.00%
TSE:PER
Peruvian Metals
0.19
0.17
850.00%
TSE:NLR
Northern Lights Resources
0.12
0.07
155.56%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.