ABACUS MINING AND EXPLORATION chart

Last update: 2021-02-12
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 1.57
Market capitalization 5.03M
Operating cash flow -2.03M
ESG Scores unknown

Company description

Abacus Mining & Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company holds an option to acquire 75% interest in the Willow copper-molybdenum property located in Yerington, Nevada, as well as explores for Nev-Lorraine claims. It also has a 20% interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. The company is based in Vancouver, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 115.55k 199.39k -165.76k 37.44k
Total Cashflows From Investing Activities -170.13k -7.17k -164.47k -117.95k
Net Borrowings
Total Cash From Financing Activities 1.31M 706.11k 1.41M 1.58M
Change To Operating Activities -1.49k 4.89k -8.13k -4.13k
Issuance Of Stock 1.32M 718.5k 1.45M 1.65M
Net Income -3.49M -2.72M -3.03M -5.46M
Change In Cash -278.59k 229.57k 196.89k -570.49k
Effect Of Exchange Rate
Total Cash From Operating Activities -1.42M -469.37k -1.04M -2.03M
Depreciation 44.2k 65.97k 65.97k 65.97k
Change To Account Receivables 3.58k -1.35k -20.53k 10.64k
Other Cashflows From Financing Activities -7.92k -12.39k -44.9k -70.18k
Change To Netincome 1.92M 2.04M 2.18M 3.32M
Capital Expenditures -170.09k -33.21k -164.47k -117.95k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -3.49M -2.72M -3.03M -5.46M
Net Income -3.49M -2.72M -3.03M -5.46M
Selling General Administrative 849.34k 583.6k 784.73k 998.2k
Gross Profit
Ebit -1.62M -682.74k -988.35k -2.43M
Operating Income -1.62M -682.74k -988.35k -2.43M
Interest Expense -1.47M -1.63M -1.79M -1.97M
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -1.87M -2.03M -2.04M -3.03M
Net Income From Continuing Ops -3.49M -2.72M -3.03M -5.46M
Net Income Applicable To Common Shares -3.49M -2.72M -3.03M -5.46M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 16.01M 17.83M 19.46M 22.24M
Total Stockholder Equity -9.51M -11.48M -12.92M -16.47M
Other Current Liabilities
Total Assets 6.5M 6.35M 6.54M 5.77M
Common Stock 86.74M 87.44M 88.82M 90.35M
Other Current Assets
Retained Earnings -101.7M -104.42M -107.45M -112.91M
Treasury Stock 5.46M 5.49M 5.7M 6.09M
Cash 202k 431.57k 628.47k 57.98k
Total Current Liabilities 173.59k 17.83M 19.46M 22.24M
Other Stockholder Equity 5.46M 5.49M 5.7M 6.09M
Property, Plant, and Equipment 226.89k 263.02k 432.07k 496.14k
Total Current Assets 227.93k 453.97k 679.52k 102.52k
Net Tangible Assets -9.51M -11.48M -12.92M -16.47M
Net Receivables 3.46k 4.81k 25.34k 14.7k
Accounts Payable 173.59k 372.99k 207.22k 244.66k


Insider Transactions

Here are the insider transactions of stock shares related to ABACUS MINING AND EXPLORATION:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Anderson (Paul Gordon)Acquisition or disposition carried out privately at price 0.05 per share.D2022-03-10Senior Officer of Issuer1.31M

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 ABACUS MINING AND EXPLORATION. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on ABACUS MINING AND EXPLORATION

Here is the result of two systematic investment strategies applied to ABACUS MINING AND EXPLORATION. 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 ABACUS MINING AND EXPLORATION

The following chart shows the equity curve of the two systematic investment strategies applied to ABACUS MINING AND EXPLORATION:

ABACUS MINING AND EXPLORATION automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -5.52% on the backtest period.

Performance at glance

Performance

-5.52 %

Latent gain

-124.24 C$

Invested capital

2250.28 C$

Annualized return

-1.3 %
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Momentum strategy results on ABACUS MINING AND EXPLORATION

This is the result of two momentum investment strategies applied to ABACUS MINING AND EXPLORATION. 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 ABACUS MINING AND EXPLORATION

The following chart shows all the entries opened by the momentum investment system on ABACUS MINING AND EXPLORATION:

ABACUS MINING AND EXPLORATION momentum entries
  • The first momentum investment strategy would give 44.24% of return on ABACUS MINING AND EXPLORATION. That represents 2654.12C$ of latent gain with 6000.03C$ of employed capital.
  • The second momentum investment strategy would give 50.36% of return on ABACUS MINING AND EXPLORATION. That represents 1762.52C$ of latent gain with 3499.95C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

44.24 %

Latent gain

2654.12 C$

Invested capital

6000.03 C$

Annualized return

15.39 %
Performance at glance (2Q Momentum)

Performance

50.36 %

Latent gain

1762.52 C$

Invested capital

3499.95 C$

Annualized return

13.32 %

Momentum equity curve on ABACUS MINING AND EXPLORATION

The following chart shows the equity curve of the two momentum strategies applied to ABACUS MINING AND EXPLORATION:

ABACUS MINING AND EXPLORATION momentum equity

Note: the dividends potentially given by ABACUS MINING AND EXPLORATION 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 ABACUS MINING AND EXPLORATION

The following chart shows the employed capital evolution of the two momentum strategies on ABACUS MINING AND EXPLORATION since the beginning:

ABACUS MINING AND EXPLORATION

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 ABACUS MINING AND EXPLORATION

Buy the dip entry openings on ABACUS MINING AND EXPLORATION

ABACUS MINING AND EXPLORATION

The performance achieved by the robo-advisor on ABACUS MINING AND EXPLORATION is 34.79%. That represents 260.89$ of latent gain with 749.99C$ of employed capital. The following chart shows ABACUS MINING AND EXPLORATION stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of ABACUS MINING AND EXPLORATION, 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

34.79 %

Latent gain

260.89 C$

Invested capital

749.99 C$

Annualized return

15.39 %

Equity curve of the strategy applied to ABACUS MINING AND EXPLORATION

The following chart shows the result of the investment strategy applied to ABACUS MINING AND EXPLORATION:

ABACUS MINING AND EXPLORATION

Note: the dividends potentially given by ABACUS MINING AND EXPLORATION 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 ABACUS MINING AND EXPLORATION

The following chart shows the employed capital evolution since the beginning of the investment strategy on ABACUS MINING AND EXPLORATION:

ABACUS MINING AND EXPLORATION

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 ABACUS MINING AND EXPLORATION

In this section, I will compare the three previous investment strategies applied to ABACUS MINING AND EXPLORATION.

Equity curve comparison on ABACUS MINING AND EXPLORATION

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

ABACUS MINING AND EXPLORATION investment strategy comparison

Employed capital comparison on ABACUS MINING AND EXPLORATION

ABACUS MINING AND EXPLORATION investment comparison

Performance comparison on ABACUS MINING AND EXPLORATION

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -5.52% -124.24C$ 2250.28C$ -1.3%
Momentum 1 quarter 44.24% 2654.12C$ 6000.03C$ 11.0%
Momentum 2 quarters 50.36% 1762.52C$ 3499.95C$ 13.32%
Non-directional 34.79% 260.89C$ 749.99C$ 15.39%
Annualized return comparison

Automatic investment

-1.3 %

Momentum 1Q

13.32 %

Momentum 2Q

13.32 %

Non-directional

15.39 %

Correlated stocks

Here are the most positively and negatively correlated stocks with ABACUS MINING AND EXPLORATION:

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 ABACUS MINING AND EXPLORATION and the other stocks. There may be false positives or some missing correlated stocks. If the price of ABACUS MINING AND EXPLORATION does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name ABACUS MINING AND EXPLORATION
Country Canada
City Vancouver
Address 1050 West Pender Street
Phone 604 682 0301
Website www.amemining.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker AME.XTSX
Market www.tsx.com

ABACUS MINING AND EXPLORATION 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