AME Stock | | | CAD 0.03 0.00 0.00% |
Director
Mr. Louis G. Montpellier is Independent Director of Abacus Mining Exploration Corporationration He serves as the Vice President Corporationrationrate Development, Corporationrationrate Secretary of Exeter Resource Corporation from February 2010 to September 2012 and Senior Vice President of Extorre Gold Mines Limited from March 2010 to September 2012 Barrister and Solicitor since 1981. since 2008.
Age | 59 |
Tenure | 16 years |
Address | 1050 West Pender Street, Vancouver, BC, Canada, V6E 3S7 |
Phone | 604 682 0301 |
Web | https://www.amemining.com |
Abacus Mining Management Efficiency
The company has return on total asset
(ROA) of
(0.0358) % which means that it has lost $0.0358 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 0.02 in 2024, whereas
Return On Tangible Assets are likely to drop
(0.22) in 2024.
Other Current Assets is likely to climb to about 48.1
K in 2024, whereas
Total Assets are likely to drop slightly above 7.5
M in 2024.
Abacus Mining and has accumulated 27.51
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 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 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 1 records | DIRECTOR Age |
| Scott Kent | Alliance Mining Corp | 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 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. Abacus Mining and (AME) is traded on TSX Venture Exchange in Canada and employs 9 people. Abacus Mining is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Abacus Mining 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, Secretary CFO | |
| Paul Anderson, President, Chief Operating Officer, Director | |
| Louis Montpellier, Independent Director | |
| Ian MacNeily, Chief Financial Officer, Executive Vice President, Secretary | |
| Thomas McKeever, Director | |
| Victor Lazarovici, Independent Director | |
| Michael PEng, Executive Chairman | |
| T Harvey, Non-Executive Independent Director | |
| Michael McInnis, Chairman of the Board and Presidentident, CEO | |
Abacus Stock Performance Indicators
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