Abacus Mining And Stock Analysis

AME Stock  CAD 0.03  0.01  16.67%   
Abacus Mining And is fairly valued with Real Value of 0.0242 and Hype Value of 0.03. The main objective of Abacus Mining stock analysis is to determine its intrinsic value, which is an estimate of what Abacus Mining And is worth, separate from its market price. There are two main types of Abacus Mining's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Abacus Mining's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Abacus Mining's stock to identify patterns and trends that may indicate its future price movements.
The Abacus Mining stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Abacus Mining is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Abacus Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Abacus Mining's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Abacus Mining And. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Abacus Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.95. Some equities with similar Price to Book (P/B) outperform the market in the long run. Abacus Mining And last dividend was issued on the 1st of May 2017. The entity had 1:6 split on the 1st of May 2017. Abacus Mining Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also has an interest in the Jersey Valley gold property located in the Battle Mountain trend of Nevada and a 20 percent interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. ABACUS MINING operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. For more info on Abacus Mining And please contact Michael McInnis at 604-682-0301 or go to https://www.amemining.com.

Abacus Mining And Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Abacus Mining's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Abacus Mining And or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Abacus Mining And had very high historical volatility over the last 90 days
Abacus Mining And has some characteristics of a very speculative penny stock
Abacus Mining And has a very high chance of going through financial distress in the upcoming years
Abacus Mining And has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 24.25 M in total debt with debt to equity ratio (D/E) of 138.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Abacus Mining And has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Abacus Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Abacus Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Abacus Mining And sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abacus to invest in growth at high rates of return. When we think about Abacus Mining's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 0.
Abacus Mining And has accumulated about 1.12 M in cash with (440.19 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.

Abacus Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Abacus Mining's market, we take the total number of its shares issued and multiply it by Abacus Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Abacus Profitablity

Abacus Mining's profitability indicators refer to fundamental financial ratios that showcase Abacus Mining's ability to generate income relative to its revenue or operating costs. If, let's say, Abacus Mining is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Abacus Mining's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Abacus Mining's profitability requires more research than a typical breakdown of Abacus Mining's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for 2024
Return On Capital Employed 0.05  0.05 
Return On Assets(0.53)(0.55)
Return On Equity 0.20  0.19 

Management Efficiency

Abacus Mining And has return on total asset (ROA) of (0.0399) % which means that it has lost $0.0399 on every $100 spent on assets. This is way below average. Abacus Mining's management efficiency ratios could be used to measure how well Abacus Mining manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.05 in 2024, whereas Return On Assets are likely to drop (0.55) in 2024. At this time, Abacus Mining's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 7.1 M in 2024, whereas Total Assets are likely to drop slightly above 4.8 M in 2024.
Last ReportedProjected for 2024
Price Book Value Ratio(0.18)(0.17)
Enterprise Value Multiple(30.13)(28.62)
Price Fair Value(0.18)(0.17)
The analysis of Abacus Mining's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Abacus Mining's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Abacus Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.535

Technical Drivers

As of the 29th of March, Abacus Mining shows the risk adjusted performance of 0.0272, and Mean Deviation of 4.01. Abacus Mining And technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate twelve technical drivers for Abacus Mining And, which can be compared to its rivals. Please confirm Abacus Mining And risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Abacus Mining And is priced correctly, providing market reflects its regular price of 0.025 per share.

Abacus Mining And Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Abacus Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Abacus Mining And. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Abacus Mining Predictive Daily Indicators

Abacus Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Abacus Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Abacus Mining Forecast Models

Abacus Mining's time-series forecasting models are one of many Abacus Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Abacus Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Abacus Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Abacus Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Abacus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Abacus Mining. By using and applying Abacus Stock analysis, traders can create a robust methodology for identifying Abacus entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.00  0.00 
Operating Profit Margin 0.00  0.00 
Net Profit Margin 0.00  0.00 
Gross Profit Margin 0.00  0.00 

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Abacus Mining to your portfolios without increasing risk or reducing expected return.

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When running Abacus Mining's price analysis, check to measure Abacus Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Abacus Mining is operating at the current time. Most of Abacus Mining's value examination focuses on studying past and present price action to predict the probability of Abacus Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abacus Mining's price. Additionally, you may evaluate how the addition of Abacus Mining to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Abacus Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abacus Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abacus Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.