Abacus Mining & Exploration Corp (TSE:AME)
:AME
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Abacus Mining & Exploration
(AME)
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Rating:43Neutral
Price Target:
C$0.03
▲(70.00% Upside)
Action:ReiteratedDate:01/30/26
The score is weighed down primarily by very weak financial performance (pre-revenue profile, widening losses, negative equity, rising debt, and continued cash burn). Technicals are a partial offset with price above major moving averages and a positive MACD, but the extremely overbought RSI raises near-term risk. Valuation is also constrained by a negative P/E and no dividend data.
Positive Factors
Exploration-focused business model
Abacus’s core model is mineral exploration and project advancement, providing durable option value: successful discoveries or de-risked resources can be farmed out, joint-ventured, or sold. That pathway lets the company create long-term value without immediate operating revenue if projects are progressed.
Negative Factors
Pre-revenue operations and widening losses
The company remains pre-revenue with materially wider net losses year-over-year. Sustained losses without operating cash inflows create ongoing funding needs and increase dilution or debt reliance risk, making operational continuity contingent on external financing or successful asset monetization.
Read all positive and negative factors
Positive Factors
Negative Factors
Exploration-focused business model
Abacus’s core model is mineral exploration and project advancement, providing durable option value: successful discoveries or de-risked resources can be farmed out, joint-ventured, or sold. That pathway lets the company create long-term value without immediate operating revenue if projects are progressed.
Read all positive factors
Abacus Mining & Exploration (AME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$6.04M
Dividend YieldN/A
Average Volume (3M)65.77K
Price to Earnings (P/E)―
Beta (1Y)-1.96
Revenue GrowthN/A
EPS Growth6.36%
CountryCA
Employees8
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding172,606,260
10 Day Avg. Volume17,610
30 Day Avg. Volume65,766
Financial Highlights & Ratios
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 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, 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 pr...
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 att...
Abacus Mining & Exploration Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
6
Very Negative
Cash Flow
12
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
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 | -552.60K | -324.76K | -575.80K | -687.67K | -2.15M | -1.21M |
| Operating Cash Flow | -460.56K | -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
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% | |
60 Neutral | C$21.63M | 0.93 | 14.20% | ― | 16.85% | ― | |
46 Neutral | C$4.84M | -6.60 | -24.99% | ― | ― | 27.50% | |
45 Neutral | C$4.45M | -5.21 | -284.00% | ― | ― | -202.42% | |
44 Neutral | C$4.54M | -13.39 | -4.20% | ― | ― | 95.92% | |
43 Neutral | C$6.04M | -0.74 | ― | ― | ― | 6.36% | |
43 Neutral | C$12.48M | -11.99 | -5.30% | ― | ― | ― |
* Basic Materials Sector Average
TSE:AME
Abacus Mining & Exploration
0.04
0.02
75.00%
TSE:CRUZ
Cruz Capital
0.03
<0.01
25.00%
TSE:SRI
Sparton Resources
0.03
0.00
0.00%
TSE:PER
Peruvian Metals
0.16
0.14
675.00%
TSE:GLM
Golden Lake Exploration
0.11
0.07
175.00%
TSE:NLR
Northern Lights Resources
0.07
0.04
116.67%
Abacus Mining & Exploration Corporate Events
Private Placements and Financing
Abacus Mining Raises $371,250 in Non-Brokered Private Placement
Positive
Jan 19, 2026
Abacus Mining Exploration has closed a non-brokered private placement, raising gross proceeds of $371,250 through the issuance of 14,850,000 units priced at $0.025 each, with each unit comprising one common share and half a warrant exercisable at...
Business Operations and StrategyPrivate Placements and Financing
Abacus Mining Further Upsizes Private Placement to $371,250
Positive
Jan 12, 2026
Abacus Mining Exploration has again increased the size of its non-brokered private placement, now targeting up to 14,850,000 units for gross proceeds of as much as $371,250, with each unit comprising one common share and half a warrant exercisabl...
Business Operations and StrategyPrivate Placements and Financing
Abacus Mining Upsizes Private Placement to $346,250 for Working Capital
Positive
Jan 6, 2026
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 hal...
Private Placements and Financing
Abacus Mining Announces $300,000 Private Placement
Positive
Dec 8, 2025
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 Ve...
Business Operations and Strategy
Abacus Mining & Exploration Updates on Copper Projects and Strategic Developments
Neutral
Dec 1, 2025
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 sub...
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.