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Abacus Mining & Exploration
(AME)
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Rating:43Neutral
Price Target:
C$0.01
▼(-30.00% Downside)
Action:Reiterated
Date:09/18/26
The score is primarily dragged down by weak financial performance (pre-revenue, persistent losses, negative equity, rising debt, and ongoing cash burn). Technical indicators are neutral-to-weak with price below longer-term averages and mildly bearish momentum. Valuation is also unattractive due to losses (negative P/E) and no dividend yield support.
Positive Factors
Focused Copper-Gold Portfolio
A concentrated focus on copper-gold exploration and development gives AME a clear strategic direction and allows technical, permitting, and financing efforts to be centered on a flagship project. Advancing Ajax could create longer-term project value if development milestones are achieved.
Negative Factors
Pre-Revenue Loss-Making Model
Without commercial revenue, AME lacks an internal operating engine to fund exploration, permitting, and development. Persistent losses, including deterioration from 2023, increase reliance on financing or asset transactions and make progress toward self-sustaining operations uncertain over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused Copper-Gold Portfolio
A concentrated focus on copper-gold exploration and development gives AME a clear strategic direction and allows technical, permitting, and financing efforts to be centered on a flagship project. Advancing Ajax could create longer-term project value if development milestones are achieved.
Read all positive factors
Abacus Mining & Exploration (AME) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.75M
Dividend YieldN/A
Average Volume (3M)10.61K
Price to Earnings (P/E)―
Beta (1Y)-1.39
Revenue GrowthN/A
EPS Growth16.41%
CountryCA
Employees8
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding187,456,270
10 Day Avg. Volume9,111
30 Day Avg. Volume10,606
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-0.09
Price to Sales (P/S)0.00
P/FCF Ratio-6.27
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)N/A
Revenue Forecast (FY)N/A
Abacus Mining & Exploration Business Overview & Revenue Model
Company Description
Abacus Mining & Exploration Corporation operates as an exploration-focused firm, primarily engaged in identifying, acquiring, and advancing mineral deposits. Its portfolio includes an option to secure a 75% ownership stake in the Willow copper-mol...
How the Company Makes Money
AME is primarily an exploration and development-stage company; specific, current, recurring operating revenue streams are not publicly available from the information provided here, so the company’s ongoing cash generation from operations is null. ...
Abacus Mining & Exploration Financial Statement Overview
Summary
Income Statement
6
Very Negative
Balance Sheet
8
Very Negative
Cash Flow
14
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
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 | -397.19K | -1.38M | -33.40K | -20.92K | -661.03K | -2.39M |
| Net Income | -4.83M | -4.60M | -4.03M | -1.67M | -3.29M | -5.46M |
Balance Sheet | ||||||
| Total Assets | 8.88M | 8.30M | 8.48M | 7.89M | 5.62M | 5.77M |
| Cash, Cash Equivalents and Short-Term Investments | 182.35K | 117.92K | 48.27K | 64.88K | 76.72K | 57.98K |
| Total Debt | 37.71M | 35.06M | 31.24M | 27.51M | 24.25M | 21.99M |
| Total Liabilities | 38.22M | 35.54M | 31.76M | 27.76M | 24.47M | 22.24M |
| Stockholders Equity | -29.33M | -27.24M | -23.27M | -19.87M | -18.85M | -16.47M |
Cash Flow | ||||||
| Free Cash Flow | -389.93K | -398.74K | -324.76K | -575.80K | -687.67K | -2.15M |
| Operating Cash Flow | -344.77K | -398.74K | -324.76K | -424.60K | -552.30K | -2.03M |
| Investing Cash Flow | -45.16K | -45.16K | -169.31K | -151.20K | -135.37K | -117.95K |
| Financing Cash Flow | 387.14K | 513.56K | 477.46K | 563.96K | 706.41K | 1.58M |
Abacus Mining & Exploration Technical Analysis
Negative
0.02
Price Trends
0.02
Positive
0.02
Negative
0.03
Negative
Market Momentum
>-0.01
Negative
44.77
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AME, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.77 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AME.
Abacus Mining & Exploration Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$13.32M | -16.98 | -39.11% | ― | -9.78% | -116.00% | |
44 Neutral | C$6.36M | 3.77 | 95.91% | ― | ― | ― | |
43 Neutral | C$3.75M | -0.74 | 17.42% | ― | ― | 16.41% | |
43 Neutral | C$2.73M | -5.76 | -48.88% | ― | ― | 53.49% | |
40 Underperform | C$968.19K | -25.00 | -1.99% | ― | ― | 97.86% |
* General Sector Average
TSE:AME
Abacus Mining & Exploration
0.02
0.00
0.00%
TSE:CRUZ
Cruz Capital
0.05
-0.40
-88.89%
TSE:SRI
Sparton Resources
0.02
-0.02
-50.00%
TSE:PER
Peruvian Metals
0.09
0.05
157.14%
TSE:NLR
Northern Lights Resources
0.09
0.00
0.00%
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.