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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% | |
57 Neutral | C$132.23M | -32.37 | -6.43% | ― | ― | -216.92% | |
56 Neutral | C$75.85M | -6.85 | -63.27% | ― | ― | -68.53% | |
54 Neutral | C$116.08M | -106.94 | -8.75% | ― | ― | ― | |
52 Neutral | C$97.22M | -55.26 | -2.88% | ― | ― | 36.67% | |
52 Neutral | C$259.49M | -7.97 | -174.89% | ― | ― | -48.84% | |
49 Neutral | C$68.91M | -11.50 | -42.27% | ― | ― | 28.32% |
Abitibi Metals Corporate Events
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.
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.