Michael PEng - Abacus Mining Ex Chairman

ABCFF Stock  USD 0.02  0.00  0.00%   

Insider

Michael PEng is Ex Chairman of Abacus Mining Exploration
Age 76
Phone604 682 0301
Webhttps://www.amemining.com

Abacus Mining Management Efficiency

The company has return on total asset (ROA) of (0.1119) % which means that it has lost $0.1119 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.
Abacus Mining Exploration has accumulated 23.08 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 Exploration has a current ratio of 0.02, 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 Exploration 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.

Similar Executives

Found 4 records

INSIDER Age

Thomas YinglingGreen Battery Minerals
N/A
CGA CPAGreen Battery Minerals
61
Geo goGreen Battery Minerals
N/A
Sherman DahlSKRR Exploration
N/A
Abacus Mining Exploration Corporation, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. It also has a 20 percent interest in the KGHM Ajax copper-gold property located in the southwest side of Kamloops, British Columbia. Abacus Mng operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Abacus Mining Exploration [ABCFF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Abacus Mining Exploration Leadership Team

Elected by the shareholders, the Abacus Mining's board of directors comprises two types of representatives: Abacus Mining inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Abacus. The board's role is to monitor Abacus Mining's management team and ensure that shareholders' interests are well served. Abacus Mining's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Abacus Mining's outside directors are responsible for providing unbiased perspectives on the board's policies.
CPA CPA, S CFO
Michael PEng, Ex Chairman

Abacus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Abacus Mining a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Abacus Pink Sheet

Abacus Mining financial ratios help investors to determine whether Abacus Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Abacus with respect to the benefits of owning Abacus Mining security.