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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 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
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 | -1.26M | -2.73M | -158.40K | -409.97K | -684.56K |
| Net Income | -2.52M | -2.41M | -470.44K | -245.99K | -740.35K |
Balance Sheet | |||||
| Total Assets | 39.35M | 27.18M | 5.30M | 4.58M | 4.19M |
| Cash, Cash Equivalents and Short-Term Investments | 16.41M | 15.70M | 1.01M | 323.31K | 1.90M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 7.07M | 4.61M | 718.46K | 335.89K | 361.92K |
| Stockholders Equity | 32.27M | 22.57M | 4.58M | 4.24M | 3.83M |
Cash Flow | |||||
| Free Cash Flow | -1.28M | -6.89M | -141.84K | -2.14M | -1.66M |
| Operating Cash Flow | -1.28M | -2.79M | -20.15K | -274.55K | -548.31K |
| Investing Cash Flow | -8.02M | -4.09M | -121.69K | -1.87M | -1.11M |
| Financing Cash Flow | 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% | |
58 Neutral | C$131.56M | -12.67 | -8.75% | ― | ― | ― | |
57 Neutral | C$240.89M | -2.51 | -174.89% | ― | ― | -48.84% | |
56 Neutral | C$67.72M | -6.39 | -63.27% | ― | ― | -68.53% | |
52 Neutral | C$107.83M | -33.67 | -2.88% | ― | ― | 36.67% | |
47 Neutral | $101.66M | -26.58 | -6.43% | ― | ― | -216.92% | |
43 Neutral | C$65.26M | -13.21 | -22.48% | ― | ― | 28.32% |
Abitibi Metals Corporate Events
Abitibi Metals has announced a substantially upgraded mineral resource estimate for its B26 polymetallic deposit, with indicated resources rising 14% to 13.0 million tonnes at 2.1% copper equivalent and inferred resources jumping 72% to 12.3 million tonnes at 2.2% copper equivalent. The update, driven by nearly 43,000 metres of drilling in recent campaigns, translates into significant increases in contained metals across both categories, including a 40% rise in copper, 22% in gold, 21% in silver and 9% in zinc compared with the 2024 estimate. With mineralization remaining open laterally and at depth and a fully funded 40,000‑metre Phase 4 drill program now underway, the company is positioning B26 as a cornerstone copper‑gold VMS asset with scale comparable to major regional deposits, bolstering its growth profile and reinforcing Québec’s status as a competitive mining jurisdiction.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.76 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
Abitibi Metals has reported a substantial upgrade to the mineral resource estimate at its B26 polymetallic deposit, lifting indicated resources to 13.0 million tonnes at 2.1% copper equivalent and inferred resources to 12.3 million tonnes at 2.2% copper equivalent, reflecting meaningful tonnage and metal content growth versus its 2024 estimate. Contained copper, gold, silver and zinc have all increased—by 40%, 22%, 21% and 9% respectively—under conservative metal price assumptions, while mineralization remains open laterally and at depth, supported by a fully funded 40,000‑metre Phase 4 drill program now underway. The scale and continuity now demonstrated at B26 strengthen its role as a cornerstone copper-gold VMS asset in the Abitibi Greenstone Belt and underscore Abitibi Metals’ ambition to build a larger critical-minerals platform, with ongoing resource expansion drilling and new regional exploration expected to further enhance its growth profile and attractiveness within Québec’s mining sector.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.76 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
Abitibi Metals reported further high-grade copper-gold drill results from its Phase 3 program at the B26 deposit in Québec, highlighted by hole 1274-17-269W6, which intersected 12.83% CuEq over 5 metres within a broader 19-metre interval at depth in the Western Down-Plunge zone. The Phase 3 campaign, comprising 24,544 metres across 40 holes, has confirmed strong grade continuity in a 250 m by 500 m high-grade window and extended resource-grade mineralization by 250 m down plunge, supporting expectations of significant resource growth beyond the current 11.3 Mt indicated and 7.2 Mt inferred CuEq resource. With mineralization still open along strike and at depth, Abitibi is accelerating a 40,000-metre Phase 4 drill program focused on rapidly expanding this high-grade zone, signalling potential improvements to project economics and reinforcing the deposit’s importance within the regional copper-gold exploration landscape.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.57 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
Abitibi Metals has appointed veteran mine builder David Bernier as Chief Operating Officer, a move seen as pivotal as the company advances its flagship B26 polymetallic project in Quebec from exploration toward development. With more than three decades of experience in mine design, permitting, construction, and operations at companies such as Foran Mining, Pan American Silver, and Dumas Contracting, Bernier is expected to strengthen Abitibi’s technical and operational capabilities, support Indigenous and community engagement, and help convert its high-grade critical minerals asset into a financeable, long-term producing operation; the company also issued 400,000 stock options to certain officers as part of its incentive plan.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.53 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
Abitibi Metals has appointed veteran mine builder David Bernier as Chief Operating Officer, signaling a shift toward advancing its flagship B26 polymetallic asset from exploration toward development. Bernier brings over three decades of Canadian mining experience, including leading Foran Mining’s McIlvenna Bay project from feasibility to construction and overseeing multiple operating assets for Pan American Silver, experience that Abitibi’s leadership says will be critical as the company seeks to capitalize on tightening global supply of high-grade critical minerals in stable jurisdictions like Québec. In conjunction with the appointment, the company granted 400,000 stock options to certain officers under its incentive plan, aligning management compensation with long-term value creation.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.53 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
Abitibi Metals has launched its largest-ever drill campaign, a Phase 4 program of up to 40,000 metres at the B26 polymetallic deposit in Quebec’s Abitibi Greenstone Belt, aiming to systematically advance the project through 2026. The work, initially 15,000–20,000 metres over winter and scaling from one to three drill rigs, targets resource improvement within the existing envelope, expansion of copper-gold and zinc-silver mineralization at depth and along strike, and the company’s first regional drilling on the property to test district-scale potential. Building on strong Phase 3 results and backed by funding secured through 2027, the campaign is designed to enhance resource size, grade confidence and discovery potential at B26, supporting Abitibi Metals’ growth ambitions and strengthening its position in Quebec’s base and precious metals exploration space.
The most recent analyst rating on (TSE:AMQ) stock is a Hold with a C$0.43 price target. To see the full list of analyst forecasts on Abitibi Metals stock, see the TSE:AMQ Stock Forecast page.
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.