Abacus Mining & Exploration Corporation
Abacus Mining & Exploration Corporation engages in the acquisition, exploration, and development of mineral properties in Canada and the United States. The company holds a 100% interest in the Willow copper-molybdenum porphyry property and Nev-Lorraine claims located in Yerington, Nevada. It also has a 20% interest in the Ajax copper-gold porphyry project located in the southwest side of Kamloops… Read more
Abacus Mining & Exploration Corporation (ABCFF) - Net Assets
Latest net assets as of September 2025: $-16.41 Million USD
Based on the latest financial reports, Abacus Mining & Exploration Corporation (ABCFF) has net assets worth $-16.41 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.44 Million) and total liabilities ($24.86 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-16.41 Million |
| % of Total Assets | -194.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -157.09% |
| Growth Volatility | 120.19 |
Abacus Mining & Exploration Corporation - Net Assets Trend (1996–2024)
This chart illustrates how Abacus Mining & Exploration Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Abacus Mining & Exploration Corporation (1996–2024)
The table below shows the annual net assets of Abacus Mining & Exploration Corporation from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-23.27 Million | -17.12% |
| 2023-12-31 | $-19.87 Million | -5.43% |
| 2022-12-31 | $-18.85 Million | -14.45% |
| 2021-12-31 | $-16.47 Million | -27.46% |
| 2020-12-31 | $-12.92 Million | -12.53% |
| 2019-12-31 | $-11.48 Million | -20.80% |
| 2018-12-31 | $-9.51 Million | -28.42% |
| 2017-12-31 | $-7.40 Million | -168.68% |
| 2016-12-31 | $10.78 Million | -73.56% |
| 2015-12-31 | $40.76 Million | -8.04% |
| 2014-12-31 | $44.33 Million | -1.85% |
| 2013-12-31 | $45.17 Million | -1.61% |
| 2012-12-31 | $45.91 Million | +47.29% |
| 2011-12-31 | $31.17 Million | +12.24% |
| 2010-12-31 | $27.77 Million | -43.24% |
| 2009-12-31 | $48.93 Million | -4.12% |
| 2008-12-31 | $51.03 Million | +3.00% |
| 2007-12-31 | $49.54 Million | +49.04% |
| 2006-12-31 | $33.24 Million | +128.33% |
| 2005-12-31 | $14.56 Million | +171.34% |
| 2004-12-31 | $5.36 Million | +137.01% |
| 2003-12-31 | $2.26 Million | +419.40% |
| 2002-12-31 | $435.81K | +451.81% |
| 2001-12-31 | $-123.88K | -101.13% |
| 2000-12-31 | $10.94 Million | -14.56% |
| 1999-12-31 | $12.80 Million | +4.07% |
| 1998-12-31 | $12.30 Million | +32.26% |
| 1996-12-31 | $9.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Abacus Mining & Exploration Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 11819612900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $92.23 Million | % |
| Other Comprehensive Income | $6.39 Million | % |
| Total Equity | $-23.27 Million | 100.00% |
Abacus Mining & Exploration Corporation Competitors by Market Cap
The table below lists competitors of Abacus Mining & Exploration Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GARMIN N - Dusseldorf Stock Exchang
DU:GEY
|
$1.95 Million |
|
Leocor Mining Inc.
F:LGO0
|
$1.95 Million |
|
Kesselrun Resources Ltd
OTCQB:KSSRF
|
$1.95 Million |
|
Entreparticuli
PA:ALENT
|
$1.95 Million |
|
Softlab S.p.A
MU:OT3
|
$1.95 Million |
|
Aton Resources Inc
PINK:ANLBF
|
$1.95 Million |
|
Associate Global Partners Ltd
AU:APL
|
$1.95 Million |
|
E. Pairis S.A
AT:PAIR
|
$1.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abacus Mining & Exploration Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -19,871,388 to -23,274,331, a change of -3,402,943.
- Net loss of 4,031,000 reduced equity.
- New share issuances of 374,300 increased equity.
- Other comprehensive income increased equity by 65,308.
- Other factors increased equity by 188,449.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-4.03 Million | -17.32% |
| Share Issuances | $374.30K | +1.61% |
| Other Comprehensive Income | $65.31K | +0.28% |
| Other Changes | $188.45K | +0.81% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Abacus Mining & Exploration Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $39.06 | $0.01 | x |
| 1997-12-31 | $35.70 | $0.01 | x |
| 1998-12-31 | $36.90 | $0.01 | x |
| 1999-12-31 | $25.60 | $0.01 | x |
| 2000-12-31 | $18.21 | $0.01 | x |
| 2001-12-31 | $-0.12 | $0.01 | x |
| 2002-12-31 | $0.21 | $0.01 | x |
| 2003-12-31 | $0.82 | $0.01 | x |
| 2004-12-31 | $0.98 | $0.01 | x |
| 2005-12-31 | $2.28 | $0.01 | x |
| 2006-12-31 | $2.69 | $0.01 | x |
| 2007-12-31 | $3.10 | $0.01 | x |
| 2008-12-31 | $2.73 | $0.01 | x |
| 2009-12-31 | $2.38 | $0.01 | x |
| 2010-12-31 | $0.98 | $0.01 | x |
| 2011-12-31 | $0.98 | $0.01 | x |
| 2012-12-31 | $1.31 | $0.01 | x |
| 2013-12-31 | $1.27 | $0.01 | x |
| 2014-12-31 | $1.24 | $0.01 | x |
| 2015-12-31 | $1.14 | $0.01 | x |
| 2016-12-31 | $0.30 | $0.01 | x |
| 2017-12-31 | $-0.19 | $0.01 | x |
| 2018-12-31 | $-0.22 | $0.01 | x |
| 2019-12-31 | $-0.23 | $0.01 | x |
| 2020-12-31 | $-0.19 | $0.01 | x |
| 2021-12-31 | $-0.20 | $0.01 | x |
| 2022-12-31 | $-0.19 | $0.01 | x |
| 2023-12-31 | $-0.17 | $0.01 | x |
| 2024-12-31 | $-0.18 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abacus Mining & Exploration Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-18.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | -10.75% | -1000.00% | 0.01x | 1.01x | $-1.93 Million |
| 1997 | -6.72% | -800.00% | 0.01x | 1.00x | $-1.99 Million |
| 1998 | -4.88% | -600.00% | 0.01x | 1.03x | $-1.83 Million |
| 1999 | -3.13% | -400.00% | 0.01x | 1.03x | $-1.68 Million |
| 2000 | -21.98% | -120191500.00% | 0.00x | 1.02x | $-3.50 Million |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | $-11.35 Million |
| 2002 | -69.30% | 0.00% | 0.00x | 1.37x | $-345.58K |
| 2003 | -19.47% | 0.00% | 0.00x | 1.02x | $-666.97K |
| 2004 | -20.21% | 0.00% | 0.00x | 1.02x | $-1.62 Million |
| 2005 | -7.69% | 0.00% | 0.00x | 1.05x | $-2.57 Million |
| 2006 | -2.81% | 0.00% | 0.00x | 1.01x | $-4.26 Million |
| 2007 | -4.78% | 0.00% | 0.00x | 1.05x | $-7.32 Million |
| 2008 | -3.55% | 0.00% | 0.00x | 1.05x | $-6.91 Million |
| 2009 | -3.56% | 0.00% | 0.00x | 1.10x | $-6.63 Million |
| 2010 | -92.26% | 0.00% | 0.00x | 1.54x | $-28.40 Million |
| 2011 | -4.21% | 0.00% | 0.00x | 1.19x | $-4.43 Million |
| 2012 | 24.05% | 0.00% | 0.00x | 1.00x | $6.45 Million |
| 2013 | -2.00% | 0.00% | 0.00x | 1.00x | $-5.42 Million |
| 2014 | -2.22% | 0.00% | 0.00x | 1.00x | $-5.42 Million |
| 2015 | -9.50% | 0.00% | 0.00x | 1.20x | $-7.95 Million |
| 2016 | -279.03% | 0.00% | 0.00x | 2.14x | $-31.15 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | $-18.82 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | $-2.54 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.57 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.74 Million |
| 2021 | 0.00% | 0.00% | 0.00x | 0.00x | $-3.81 Million |
| 2022 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.40 Million |
| 2023 | 0.00% | 0.00% | 0.00x | 0.00x | $319.14K |
| 2024 | 0.00% | 0.00% | 0.00x | 0.00x | $-1.70 Million |
Industry Comparison
This section compares Abacus Mining & Exploration Corporation's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,707,279,390
- Average return on equity (ROE) among peers: -80.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Abacus Mining & Exploration Corporation (ABCFF) | $-16.41 Million | -10.75% | N/A | $1.95 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |