PEng PEng - Abcourt Mines Pres CEO

ABI Stock  CAD 0.04  0.01  10.00%   

Insider

PEng PEng is Pres CEO of Abcourt Mines
Age 57
Address 475 De lEglise Avenue, Rouyn-Noranda, QC, Canada, J0Z 1Y1
Phone819 768 2857
Webhttps://www.abcourt.ca/en/

Abcourt Mines Management Efficiency

The company has return on total asset (ROA) of (0.4323) % which means that it has lost $0.4323 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (14.6954) %, meaning that it generated substantial loss on money invested by shareholders. Abcourt Mines' management efficiency ratios could be used to measure how well Abcourt Mines manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to climb to 1.94 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.78). At this time, Abcourt Mines' Non Currrent Assets Other are fairly stable compared to the past year. Total Current Assets is likely to climb to about 3.9 M in 2024, whereas Total Assets are likely to drop slightly above 18.6 M in 2024.
Abcourt Mines has accumulated 1.85 M in total debt. Abcourt Mines has a current ratio of 1.54, which is within standard range for the sector. Debt can assist Abcourt Mines until it has trouble settling it off, either with new capital or with free cash flow. So, Abcourt Mines' 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 Abcourt Mines sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Abcourt to invest in growth at high rates of return. When we think about Abcourt Mines' use of debt, we should always consider it together with cash and equity.

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Abcourt Mines Inc. engages in the acquisition, exploration, evaluation, and exploitation of gold properties in Canada. The company was incorporated in 1971 and is headquartered in Rouyn-Noranda, Canada. Abcourt Mines operates under Gold classification in Canada and is traded on TSX Venture Exchange. Abcourt Mines (ABI) is traded on TSX Venture Exchange in Canada and employs 4 people. Abcourt Mines is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

Abcourt Mines Leadership Team

Elected by the shareholders, the Abcourt Mines' board of directors comprises two types of representatives: Abcourt Mines inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Abcourt. The board's role is to monitor Abcourt Mines' management team and ensure that shareholders' interests are well served. Abcourt Mines' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Abcourt Mines' outside directors are responsible for providing unbiased perspectives on the board's policies.
ING PEng, CEO President
Julie Godard, Corporate Secretary
Judith Hinse, Consultant
PEng PEng, Pres CEO

Abcourt Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Abcourt Mines 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.

Thematic Opportunities

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Additional Tools for Abcourt Stock Analysis

When running Abcourt Mines' price analysis, check to measure Abcourt Mines' 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 Abcourt Mines is operating at the current time. Most of Abcourt Mines' value examination focuses on studying past and present price action to predict the probability of Abcourt Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abcourt Mines' price. Additionally, you may evaluate how the addition of Abcourt Mines to your portfolios can decrease your overall portfolio volatility.