Abitibi Metals (TSE:AMQ)
:AMQ
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Abitibi Metals
(AMQ)
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Rating:47Neutral
Price Target:
C$0.61
▲(49.02% Upside)
Action:ReiteratedDate:03/19/26
The score is primarily held back by weak operating performance (no revenue, widening losses, and ongoing cash burn). A debt-free balance sheet and expanded equity/assets provide meaningful financial stability, but technical signals are soft (below short-term averages with weak momentum) and valuation support is limited due to a negative P/E and no dividend.
Positive Factors
Debt-free balance sheet
A zero-debt position materially lowers solvency risk and interest burden, giving management lasting financial flexibility to prioritize exploration and technical programs. This structural strength improves runway options and makes the company a cleaner partner target for JV or earn-in deals.
Negative Factors
No revenue and widening losses
The absence of revenue is a fundamental limit on self‑sustainability; net losses widened from about -0.5M (2023) to roughly -2.4M (2024) and -2.5M (2025). Persistent losses mean continued dependence on external capital until projects either generate cash or are monetized via transaction.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt position materially lowers solvency risk and interest burden, giving management lasting financial flexibility to prioritize exploration and technical programs. This structural strength improves runway options and makes the company a cleaner partner target for JV or earn-in deals.
Read all positive factors
Abitibi Metals (AMQ) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$86.68M
Dividend YieldN/A
Average Volume (3M)634.98K
Price to Earnings (P/E)―
Beta (1Y)1.24
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.00
Shares Outstanding154,777,050
10 Day Avg. Volume950,800
30 Day Avg. Volume634,983
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)0.99
Price to Sales (P/S)0.00
P/FCF Ratio-24.98
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)>-0.01
Revenue Forecast (FY)N/A
Abitibi Metals Business Overview & Revenue Model
Company Description
Abitibi Metals Corp. engages in the acquisition, exploration, and development of base and precious metal properties in Canada. The company primarily explores for gold, copper, zinc, and silver deposits. It's flagship project owned 100% interests i...
How the Company Makes Money
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Abitibi Metals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
74
Positive
Cash Flow
28
Negative
| 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
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% | |
56 Neutral | C$66.10M | -6.39 | -57.68% | ― | ― | -68.53% | |
47 Neutral | C$86.68M | -12.67 | -7.69% | ― | ― | ― | |
47 Neutral | C$89.21M | -26.58 | -6.43% | ― | ― | -216.92% | |
46 Neutral | C$197.50M | -2.51 | -206.45% | ― | ― | -48.84% | |
45 Neutral | C$89.08M | -44.82 | -3.17% | ― | ― | 36.67% | |
43 Neutral | C$57.35M | -13.21 | -22.48% | ― | ― | 28.32% |
* Basic Materials Sector Average
TSE:AMQ
Abitibi Metals
0.56
0.31
124.00%
TSE:GWM
Galway Metals
0.61
0.27
79.41%
TSE:YGT
Gold Terra Resource
0.19
0.14
280.00%
TSE:AUAU
Allegiant Gold
0.86
0.62
258.33%
TSE:TECT
Tectonic Metals
2.23
1.83
458.90%
TSE:LVX
Leviathan Gold
0.58
0.43
300.00%
Abitibi Metals Corporate Events
Business Operations and Strategy
Abitibi Metals Extends High-Grade Zone at B26 With Step-Out Drilling
Positive
Apr 7, 2026
Abitibi Metals reported strong step-out drilling results at its B26 polymetallic deposit in Québec, highlighted by a key hole intersecting 1.81% copper equivalent over 15 metres, including 2.71% copper equivalent over 7 metres in the western ...
Business Operations and Strategy
Abitibi Metals Secures 80% of B26 Deposit and Launches Largest Drill Program
Positive
Mar 12, 2026
Abitibi Metals has exercised early its option on the B26 Polymetallic Deposit, lifting its stake to 80% and becoming majority owner and operator alongside minority partner SOQUEM. The move consolidates control over a high-grade copper-gold project...
Business Operations and Strategy
Abitibi Metals Doubles Down on B26 With Major Resource Upgrade and New Drill Campaign
Positive
Feb 5, 2026
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 milli...
Business Operations and Strategy
Abitibi Metals Doubles Down on B26 With Major Resource Upgrade and New Drill Campaign
Positive
Feb 5, 2026
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% ...
Business Operations and Strategy
Abitibi Metals Extends High-Grade Copper-Gold Zone at Québec’s B26 Deposit With New Phase 3 Drill Results
Positive
Jan 22, 2026
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 d...
Business Operations and StrategyExecutive/Board Changes
Abitibi Metals Taps Veteran Mine Builder David Bernier as COO to Advance B26 Project
Positive
Jan 15, 2026
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 de...
Business Operations and StrategyExecutive/Board Changes
Abitibi Metals Taps Veteran Mine Builder David Bernier as COO to Advance B26 Project
Positive
Jan 15, 2026
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 m...
Business Operations and Strategy
Abitibi Metals Launches Largest Drill Program to Date at B26 Polymetallic Project
Positive
Jan 13, 2026
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, i...
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.