ABCOURT MINES INC. chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 0.08
Dividend & YieldN/AC$ (N/A)
Beta 0.7
Market capitalization 23.37M
Operating cash flow 2.92M
ESG Scores unknown

Company description

Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold mining properties in Canada. It also explores for silver, copper, and zinc ores, as well as diamond deposits. The company holds a 100% interest in the Elder Mine and Tagami Property located near Rouyn-Noranda; the Abcourt-Barvue and Vendome silver-zinc projects located at Barraute; Aldermac property located near Rouyn-Noranda; and the Jonpol property located near Amos, Quebec. It also holds a 100% interest in the Sleeping Giant mine located in Abitibi; and the Discovery-Flordin gold project located in the north-west of Lebel-sur-Quévillon, Quebec. Abcourt Mines Inc. was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada.

Sector: Basic Materials - Industry: Gold

Financial data

Financial Statements

Cashflow Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Change To Liabilities 537.35k 494.51k 719.9k -167.19k
Total Cashflows From Investing Activities -4.94M -4.77M -5.17M -7.12M
Net Borrowings 1.93M 1.93M 1.93M 1.93M
Total Cash From Financing Activities 943.49k 797.53k 697.34k 2.49M
Change To Operating Activities 16.48k 2.54k -719.63k 706.95k
Issuance Of Stock 975.71k 826.49k 713k 571.47k
Net Income 1.42M 161.56k 358.86k 2.42M
Change In Cash 1.24M 265.05k -835.23k 493.73k
Effect Of Exchange Rate
Total Cash From Operating Activities 5.24M 4.24M 3.63M 5.12M
Depreciation 1.85M 3.65M 3.13M 2.66M
Change To Account Receivables 306.36k 1.29M 149.3k 224.95k
Other Cashflows From Financing Activities -32.22k -28.96k -15.66k -12.92k
Change To Netincome -67.36k -800.09k 564k -42.32k
Capital Expenditures -4.95M -4.77M -5.17M -7.71M

Income Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Research Development
Income Before Tax 2.75M -504.76k 1.07M 2.25M
Net Income 1.42M 161.56k 358.86k 2.42M
Selling General Administrative 435.03k 586.35k 581.96k 775.02k
Gross Profit 5.34M 3.93M 5.01M 6.05M
Ebit 3.05M -306.89k 1.35M 2.64M
Operating Income 3.05M -306.89k 1.35M 2.64M
Interest Expense -192.94k -75.25k -63.92k -199.06k
Income Tax Expense 1.34M -666.32k 707.51k -178.26k
Total Revenue 26.08M 25.58M 24.06M 27.59M
Cost Of Revenue 20.74M 21.65M 19.05M 21.53M
Total Other Income ExpenseNet -301.53k -197.87k -284.07k -397.22k
Net Income From Continuing Ops 1.42M 161.56k 358.86k 2.42M
Net Income Applicable To Common Shares 1.42M 161.56k 358.86k 2.42M

Balance Sheet Statement 2018-06-30 2019-06-30 2020-06-30 2021-06-30
Total Liabilities 11.67M 11.4M 14.15M 15.05M
Total Stockholder Equity 29.83M 30.77M 31.66M 34.66M
Other Current Liabilities 1.66M 820.49k 1.06M 214.86k
Total Assets 41.51M 42.18M 45.81M 49.71M
Common Stock 42.92M 43.7M 44.24M 44.85M
Other Current Assets
Retained Earnings -20.16M -20.04M -19.71M -17.29M
Treasury Stock 19.5k 31.5k 27k
Cash 2.53M 2.8M 1.96M 2.45M
Total Current Liabilities 5.82M 5.47M 6.43M 7.35M
Other Stockholder Equity 19.5k 31.5k 27k
Property, Plant, and Equipment 28.85M 28.35M 32.47M 35.51M
Total Current Assets 8.15M 6.94M 7.41M 6.93M
Net Tangible Assets 29.83M 30.77M 31.66M 34.66M
Net Receivables 2.34M 1.05M 1.63M 661.38k
Accounts Payable 1.15M 1.58M 1.96M 1.9M


Insider Transactions

Here are the insider transactions of stock shares related to ABCOURT MINES INC.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Decochib, Inc.Acquisition or disposition in the public market at price 0.07 per share.D2022-01-2610% Security Holder of Issuer174k
Hinse (Renaud)Acquisition or disposition in the public market at price 0.07 per share.I2022-01-2610% Security Holder of Issuer174k
Decochib, Inc.Acquisition or disposition in the public market at price 0.07 per share.D2022-01-2510% Security Holder of Issuer26k
Hinse (Renaud)Acquisition or disposition in the public market at price 0.07 per share.I2022-01-2510% Security Holder of Issuer26k
Hinse (Normand)Acquisition or disposition in the public market at price 0.08 per share.I2022-01-07Director of Issuer100k
Mestrallet, Francois Joseph Pierre MarieAcquisition or disposition in the public market at price 0.08 per share.D2022-01-0510% Security Holder of Issuer100k
Mestrallet, Francois Joseph Pierre MarieAcquisition or disposition in the public market at price 0.08 per share.D2022-01-0410% Security Holder of Issuer150k
Hinse (Normand)Acquisition or disposition in the public market at price 0.09 per share.I2021-09-15Director of Issuer144k
Hinse (Normand)Acquisition or disposition in the public market at price 0.09 per share.I2021-09-14Director of Issuer39k
Hinse (Renaud)D2021-08-1010% Security Holder of Issuer30k
Mestrallet, Francois Joseph Pierre MarieExercise of third party derivatives at price 0.10 per share.D2021-07-0610% Security Holder of Issuer150k
Hinse (Normand)Acquisition or disposition in the public market at price 0.12 per share.D2021-06-21Director of Issuer81.38k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to ABCOURT MINES INC.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ABCOURT MINES INC.

Here is the result of two systematic investment strategies applied to ABCOURT MINES INC.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on ABCOURT MINES INC.

The following chart shows the equity curve of the two systematic investment strategies applied to ABCOURT MINES INC.:

ABCOURT MINES INC. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 116.6% on the backtest period.

Performance at glance

Performance

116.6 %

Latent gain

2623.43 C$

Invested capital

2250.01 C$

Annualized return

27.76 %
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Momentum strategy results on ABCOURT MINES INC.

This is the result of two momentum investment strategies applied to ABCOURT MINES INC.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on ABCOURT MINES INC.

The following chart shows all the entries opened by the momentum investment system on ABCOURT MINES INC.:

ABCOURT MINES INC. momentum entries
  • The first momentum investment strategy would give 166.49% of return on ABCOURT MINES INC.. That represents 9156.81C$ of latent gain with 5499.99C$ of employed capital.
  • The second momentum investment strategy would give 174.64% of return on ABCOURT MINES INC.. That represents 7858.51C$ of latent gain with 4499.73C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

166.49 %

Latent gain

9156.81 C$

Invested capital

5499.99 C$

Annualized return

79.71 %
Performance at glance (2Q Momentum)

Performance

174.64 %

Latent gain

7858.51 C$

Invested capital

4499.73 C$

Annualized return

46.95 %

Momentum equity curve on ABCOURT MINES INC.

The following chart shows the equity curve of the two momentum strategies applied to ABCOURT MINES INC.:

ABCOURT MINES INC. momentum equity

Note: the dividends potentially given by ABCOURT MINES INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ABCOURT MINES INC.

The following chart shows the employed capital evolution of the two momentum strategies on ABCOURT MINES INC. since the beginning:

ABCOURT MINES INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on ABCOURT MINES INC.

Buy the dip entry openings on ABCOURT MINES INC.

ABCOURT MINES INC.

The performance achieved by the robo-advisor on ABCOURT MINES INC. is 175.37%. That represents 3069.12$ of latent gain with 1750.08C$ of employed capital. The following chart shows ABCOURT MINES INC. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ABCOURT MINES INC., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

175.37 %

Latent gain

3069.12 C$

Invested capital

1750.08 C$

Annualized return

79.71 %

Equity curve of the strategy applied to ABCOURT MINES INC.

The following chart shows the result of the investment strategy applied to ABCOURT MINES INC.:

ABCOURT MINES INC.

Note: the dividends potentially given by ABCOURT MINES INC. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on ABCOURT MINES INC.

The following chart shows the employed capital evolution since the beginning of the investment strategy on ABCOURT MINES INC.:

ABCOURT MINES INC.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on ABCOURT MINES INC.

In this section, I will compare the three previous investment strategies applied to ABCOURT MINES INC..

Equity curve comparison on ABCOURT MINES INC.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

ABCOURT MINES INC. investment strategy comparison

Employed capital comparison on ABCOURT MINES INC.

ABCOURT MINES INC. investment comparison

Performance comparison on ABCOURT MINES INC.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 116.6% 2623.43C$ 2250.01C$ 27.76%
Momentum 1 quarter 166.49% 9156.81C$ 5499.99C$ 42.04%
Momentum 2 quarters 174.64% 7858.51C$ 4499.73C$ 46.95%
Non-directional 175.37% 3069.12C$ 1750.08C$ 79.71%
Annualized return comparison

Automatic investment

27.76 %

Momentum 1Q

46.95 %

Momentum 2Q

46.95 %

Non-directional

79.71 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ABCOURT MINES INC.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between ABCOURT MINES INC. and the other stocks. There may be false positives or some missing correlated stocks. If the price of ABCOURT MINES INC. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ABCOURT MINES INC.
Country Canada
City Rouyn-Noranda
Address 475 de lEglise Avenue
Phone
Website www.abcourt.com
FullTime employees
Industry Gold
Sector Basic Materials
Exchange XTSX
Ticker ABI.XTSX
Market www.tsx.com

ABCOURT MINES INC. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown