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Abcourt Mines (ABI) AI Stock Analysis

TSE:ABI

Abcourt Mines

(TSXV:ABI)

Select Model
Rating:39Underperform
Price Target:CAD 0.05â–²(4.00% Upside)
Action:reiterated
Date:10/24/26

Severely weak financial performance with negative equity and cash burn is the dominant factor. Bearish technical indicators and poor valuation due to losses further pressure the low score.

Positive Factors
2026 Revenue ReboundThe sharp 2026 revenue rebound shows that the company retains the ability to generate meaningful top-line activity after near-zero revenue in 2024–2025. If sustained through production and processing, this recovery could provide a base for operating leverage and improved funding capacity, although profitability is not yet restored.
Negative Factors
Negative Equity and Rising DebtNegative shareholders’ equity signals a fragile capital structure, while substantially higher debt increases financial obligations and reduces flexibility. Together, these conditions can make it harder to fund development internally, absorb operating setbacks, or rebuild the balance sheet without additional financing.

Abcourt Mines (ABI) vs. iShares MSCI Canada ETF (EWC)

-25%0%25%50%75%100%TSE:ABI-16.67%EWC+21.27%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 62.89M
Dividend Yield
―
Average Volume (3M)
483.57K
Price to Earnings (P/E)
-2.0
Beta (1Y)
1.65
Revenue Growth
―
EPS Growth
-41.48%
Country
Canada
Employees
134
Sector
General
Sector Strength
55
Industry
Gold

Abcourt Mines Business Overview & Revenue Model

Company Description

Abcourt Mines Inc. is a Canadian company focused on discovering, appraising, and developing gold mining sites across the country. Beyond its primary interest in gold, the firm also conducts exploration for silver, copper, zinc, and diamond deposits....

How the Company Makes Money

Abcourt Mines makes money primarily by producing and selling gold (and any associated by-products, if recovered) from its mining operations. In a production scenario, revenue is generated when mined ore is processed (typically into a gold-bearing con...

Abcourt Mines Financial Statement Overview

Summary

Deteriorating financial health with volatile revenue, persistent losses, negative equity of -13.9M, high debt, and heavy cash burn.

Income Statement

25Negative

Balance Sheet

8Very Negative

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMSep 2026Sep 2025Sep 2024Sep 2023Sep 2022
Income Statement
Total Revenue16.64M16.64M0265.12K7.01M20.39M
Gross Profit-22.58M-22.73M-545.55K-338.00K2.78M-2.41M
EBITDA-26.43M-26.63M-15.43M-10.36M-4.82M-19.48M
Net Income-28.10M-28.10M-14.42M-11.59M-5.34M-21.62M
Balance Sheet
Total Assets52.23M52.23M21.41M14.06M17.40M12.29M
Cash, Cash Equivalents and Short-Term Investments1.58M1.58M2.58M757.75K963.97K720.51K
Total Debt37.33M37.33M2.28M1.32M1.85M2.48M
Total Liabilities66.16M66.16M22.01M20.35M19.27M15.41M
Stockholders Equity-13.93M-13.93M-599.53K-6.28M-1.87M-3.13M
Cash Flow
Free Cash Flow-49.31M-47.30M-17.94M-10.40M-664.31K-3.94M
Operating Cash Flow-39.12M-37.10M-17.53M-10.16M-79.64K-1.96M
Investing Cash Flow-14.63M-14.63M232.77K3.64M-477.14K-1.98M
Financing Cash Flow52.75M50.73M19.12M6.31M800.25K2.21M

Abcourt Mines Technical Analysis

Technical Analysis SentimentNegative
Last Price0.05

Price Trends

50DMA0.07Negative
100DMA0.07Negative
200DMA0.09Negative

Market Momentum

MACD-0.00Negative
RSI5.11Positive
STOCH44.44Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ABI, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.07, and below the 200-day MA of 0.09, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 5.11 is Positive, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ABI.

Abcourt Mines Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TSE:ABI against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TSE:LIOTSE:LIO59NeutralCAD 60.17M8.862.96%―32.01%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TSE:MGMTSE:MGM46NeutralCAD 173.70M-6.95-120.80%――-208.22%
TSE:ECRTSE:ECR42NeutralCAD 84.77M-48.72-5.12%――87.43%
TSE:ABITSE:ABI39UnderperformCAD 62.89M-2.02588.69%――-41.48%
TSE:ESMTSE:ESM39UnderperformCAD 67.73M-7.30216.13%――-1700.00%

* General Sector Average

Performance Comparison

-50%0%50%100%TSE:ABITSE:MGMTSE:ECRTSE:ESMTSE:LIODec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ABI and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ABIAbcourt Mines0.05-0.02-26.47%
TSE:MGMMaple Gold Mines2.340.7547.17%
TSE:ECRCartier Resources0.19-0.02-11.63%
TSE:ESMEuro Sun Mining0.15-0.03-16.67%
TSE:LIOLion One Metals0.14-0.12-46.15%

Abcourt Mines Corporate Events

Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing

Abcourt Mines Deepens Sleeping Giant Development Amid Wider Fiscal 2026 Loss

Negative
Oct 22, 2026

Abcourt Mines reported fiscal 2026 revenues of $16.6 million but a net loss of $28.1 million, reflecting high costs of sales and finance charges as the company advances its mining assets. Despite negative shareholders’ equity, working capital i...

Business Operations and StrategyFinancial Disclosures

Abcourt Mines Accelerates Sleeping Giant Mine Restart With Higher Output and Workforce Expansion

Positive
Sep 23, 2026

Abcourt Mines reported strong progress in August at its Sleeping Giant gold mine, with gold production rising 91% month-on-month to 344 ounces as higher grades and increased mill throughput took hold. The mine processed 6,209 tonnes of ore at an aver...

Business Operations and StrategyPrivate Placements and Financing

Abcourt Mines Tightens Capital Structure With Warrant Exercises and Executive Lock-Up

Positive
Sep 17, 2026

Abcourt Mines has moved to optimize its capital structure through the near-complete exercise of September-expiring warrants, including all those held by insiders, adding over $3.29 million to its treasury and reducing remaining 2026 warrants to fewer...

Business Operations and StrategyPrivate Placements and Financing

Abcourt Mines Upsizes Glencore Debenture to US$40 Million and Retires Nebari Credit Facility

Positive
Sep 2, 2026

Abcourt Mines has increased its senior secured debenture financing with Glencore from US$30 million to US$40 million, closing the upsized transaction on September 2, 2026. The second tranche was expanded to US$21.875 million, with US$19.875 million a...

Business Operations and StrategyFinancial Disclosures

Abcourt Mines Accelerates Underground Development and Long-Hole Mining at Sleeping Giant

Positive
Aug 25, 2026

Abcourt Mines reported July 2026 operational results marked by a technical transition that temporarily reduced milled tonnes, grades and produced ounces as underground development was prioritized over immediate output. A spike in gold poured reflecte...

Business Operations and StrategyPrivate Placements and Financing

Abcourt Upsizes Glencore Debenture to US$40 Million to Accelerate Québec Gold Projects

Positive
Aug 7, 2026

Abcourt Mines has entered into a non-binding term sheet with Glencore AG to increase its senior secured debenture financing from US$30 million to US$40 million. The upsized facility accelerates the second tranche to about August 12, 2026 and boosts 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.

Date of analysis: Oct 24, 2026