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Abitibi Metals
(AMQ)
Abitibi Metals (AMQ) vs. iShares MSCI Canada ETF (EWC)
Abitibi Metals Business Overview & Revenue Model
Abitibi Metals Financial Statement Overview
| 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 | -2.32M | -1.26M | -2.73M | -158.40K | -409.97K | -684.56K |
| Net Income | -2.46M | -2.52M | -2.41M | -470.44K | -245.99K | -740.35K |
Balance Sheet | ||||||
| Total Assets | 39.35M | 39.35M | 27.18M | 5.30M | 4.58M | 4.19M |
| Cash, Cash Equivalents and Short-Term Investments | 16.41M | 16.41M | 15.70M | 1.01M | 323.31K | 1.90M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.07M | 7.07M | 4.61M | 718.46K | 335.89K | 361.92K |
| Stockholders Equity | 32.27M | 32.27M | 22.57M | 4.58M | 4.24M | 3.83M |
Cash Flow | ||||||
| Free Cash Flow | -8.09M | -1.28M | -6.89M | -141.84K | -2.14M | -1.66M |
| Operating Cash Flow | -1.28M | -1.28M | -2.79M | -20.15K | -274.55K | -548.31K |
| Investing Cash Flow | -8.02M | -8.02M | -4.09M | -121.69K | -1.87M | -1.11M |
| Financing Cash Flow | 9.90M | 9.90M | 21.54M | 831.50K | 558.45K | 2.06M |
Abitibi Metals Peers Comparison
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$73.52M | -69.44 | -8.75% | ― | ― | ― | |
51 Neutral | C$67.87M | 79.17 | 5.12% | ― | ― | ― | |
50 Neutral | C$59.45M | -5.29 | -133.51% | ― | ― | 47.21% | |
49 Neutral | C$53.10M | -27.56 | -6.38% | ― | ― | 1.39% |
Abitibi Metals Corporate Events
Abitibi Metals has closed a transformational year by evolving from an early-stage explorer into a well-capitalized copper-gold growth company with substantial ownership in the high-grade B26 Copper-Gold Project in Quebec and full control of the Beschefer Gold Project. In 2025 the company secured a 50% stake in B26 with a defined path to 80% ownership, delivered one of the highest-grade copper-gold intercepts reported in the Abitibi in recent years, expanded its Phase 3 drill program to 21,828 metres, and strengthened its balance sheet with C$16.1 million in warrant-free financings, leaving it fully funded for an aggressive 40,000+ metre drill campaign in 2026. Supported by record copper prices, tight global supply and renewed interest from major miners, Abitibi has also bolstered its technical and governance bench, positioning itself as a scalable platform in a scarce pipeline of advanced-stage projects in Quebec, with significant discovery and growth potential at B26 and new regional targets.
Abitibi Metals Corp. has successfully closed a bought deal public offering, raising $16.1 million through the issuance of common and flow-through shares. The proceeds will be used to advance exploration at the B26 Polymetallic Deposit and for general corporate purposes, reinforcing the company’s strategic focus on mineral exploration in Quebec.
Abitibi Metals Corp. has filed a final short form prospectus for a bought deal public offering of common and flow-through shares, led by BMO Capital Markets and other underwriters. The offering aims to raise gross proceeds of $14,004,000, with the closing expected around December 16, 2025, subject to regulatory approvals. The company has also granted an over-allotment option to the underwriters, allowing for additional share purchases to stabilize the market. The flow-through shares are intended for donation or sale, with tax benefits applicable only to the original subscribers.
Abitibi Metals Corp. has announced an increase in its previously announced bought deal financing to approximately C$14 million. The funds will be raised through the sale of charity flow-through common shares and hard dollar common shares, with proceeds directed towards advancing the B26 Polymetallic Deposit and general corporate purposes. This move is expected to bolster the company’s operational capabilities and enhance its market position within the mineral exploration industry.
Abitibi Metals Corp. has announced a C$10 million bought deal financing agreement with a syndicate of underwriters, led by BMO Capital Markets and Haywood Securities. The proceeds from this financing will be used to advance the company’s B26 Polymetallic Deposit and for general corporate purposes, potentially enhancing its market position and operational capabilities.
Abitibi Metals Corp. has announced a significant high-grade copper-gold intercept from its Phase 3 drill program at the B26 Polymetallic Deposit in Québec. The discovery, which includes a 17.91% CuEq over 6.3 meters within a previously untested 80-meter gap, confirms exceptional grade continuity and suggests the presence of a high-value zone that could substantially enhance the resource model and project economics. This development positions the company for potential resource growth and strengthens its standing within the top 10% of the largest felsic VMS systems globally.
Abitibi Metals Corp. has announced significant assay results from its Phase 3 drill program at the B26 Polymetallic Deposit in Québec, highlighting a 150-meter step-out that extends the high-grade Western Copper-Gold Zone. The results demonstrate strong continuity and expansion potential, with mineralization remaining open at depth and along strike. The company is fully funded through 2027 and plans a Phase 4 program in 2026, positioning B26 as a potential cornerstone asset in Canada’s critical minerals landscape.
Abitibi Metals Corp. has appointed mining veteran Craig Parry to its Advisory Board, signaling a strategic move to leverage his extensive experience in advancing their copper-gold growth projects in Quebec. Parry’s proven track record in leading successful resource companies and his involvement in major discoveries is expected to enhance Abitibi’s operational capabilities and strengthen its position in the mining industry, particularly as they focus on expanding the B26 Deposit.
Abitibi Metals Corp. has announced significant progress in its Phase 3 drill program at the B26 deposit, confirming the expansion of mineralization beyond the current resource estimate. The recent step-out drilling has intersected mineralization 150 meters down-plunge, indicating strong growth potential and reinforcing B26’s position as a leading high-grade copper-gold project in Québec. With three drill rigs in operation, the company is focused on expanding the mineralized footprint, which remains open in multiple directions, highlighting the potential for substantial resource growth.