Abacus Mining and Exploration Corp (AME) - Net Assets

Latest as of September 2025: CA$-26.18 Million CAD ≈ $-18.94 Million USD

Based on the latest financial reports, Abacus Mining and Exploration Corp (AME) has net assets worth CA$-26.18 Million CAD (≈ $-18.94 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 (CA$8.44 Million ≈ $6.11 Million USD) and total liabilities (CA$34.62 Million ≈ $25.04 Million USD). 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. Check Abacus Mining and Exploration Corp (AME) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$-26.18 Million
% of Total Assets	-310.06%
Annual Growth Rate	N/A
5-Year Change	N/A
10-Year Change	-157.09%
Growth Volatility	120.19

Abacus Mining and Exploration Corp - Net Assets Trend (1996–2024)

This chart illustrates how Abacus Mining and Exploration Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Abacus Mining and Exploration Corp for the complete picture of this company's asset base.

Annual Net Assets for Abacus Mining and Exploration Corp (1996–2024)

The table below shows the annual net assets of Abacus Mining and Exploration Corp from 1996 to 2024. For live valuation and market cap data, see Abacus Mining and Exploration Corp (AME) market capitalisation.

Year	Net Assets	Change
2024-12-31	CA$-23.27 Million ≈ $-16.84 Million	-17.12%
2023-12-31	CA$-19.87 Million ≈ $-14.37 Million	-5.43%
2022-12-31	CA$-18.85 Million ≈ $-13.63 Million	-14.45%
2021-12-31	CA$-16.47 Million ≈ $-11.91 Million	-27.46%
2020-12-31	CA$-12.92 Million ≈ $-9.35 Million	-12.53%
2019-12-31	CA$-11.48 Million ≈ $-8.31 Million	-20.80%
2018-12-31	CA$-9.51 Million ≈ $-6.88 Million	-28.42%
2017-12-31	CA$-7.40 Million ≈ $-5.35 Million	-168.68%
2016-12-31	CA$10.78 Million ≈ $7.80 Million	-73.56%
2015-12-31	CA$40.76 Million ≈ $29.49 Million	-8.04%
2014-12-31	CA$44.33 Million ≈ $32.07 Million	-1.85%
2013-12-31	CA$45.17 Million ≈ $32.67 Million	-1.61%
2012-12-31	CA$45.91 Million ≈ $33.21 Million	+47.29%
2011-12-31	CA$31.17 Million ≈ $22.55 Million	+12.24%
2010-12-31	CA$27.77 Million ≈ $20.09 Million	-43.24%
2009-12-31	CA$48.93 Million ≈ $35.39 Million	-4.12%
2008-12-31	CA$51.03 Million ≈ $36.91 Million	+3.00%
2007-12-31	CA$49.54 Million ≈ $35.84 Million	+49.04%
2006-12-31	CA$33.24 Million ≈ $24.04 Million	+128.33%
2005-12-31	CA$14.56 Million ≈ $10.53 Million	+171.34%
2004-12-31	CA$5.36 Million ≈ $3.88 Million	+137.01%
2003-12-31	CA$2.26 Million ≈ $1.64 Million	+419.40%
2002-12-31	CA$435.81K ≈ $315.25K	+451.81%
2001-12-31	CA$-123.88K ≈ $-89.61K	-101.13%
2000-12-31	CA$10.94 Million ≈ $7.91 Million	-14.56%
1999-12-31	CA$12.80 Million ≈ $9.26 Million	+4.07%
1998-12-31	CA$12.30 Million ≈ $8.90 Million	+32.26%
1996-12-31	CA$9.30 Million ≈ $6.73 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Abacus Mining and Exploration Corp'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
Other Components	CA$98.62 Million	%
Total Equity	CA$-23.27 Million	100.00%

Abacus Mining and Exploration Corp Competitors by Market Cap

The table below lists competitors of Abacus Mining and Exploration Corp ranked by their market capitalization.

Company	Market Cap
BIOVAXYS TECHNOLOGY CORP. F:5LB	$3.75 Million
Minco Capital Corp V:MMM	$3.75 Million
Oriental Culture Holding Ltd NASDAQ:OCG	$3.75 Million
Reklaim Ltd V:MYID	$3.75 Million
NEWLOX GOLD VENTURES F:NGO	$3.75 Million
Magnetite Mines Ltd AU:MGT	$3.75 Million
VivoSim Labs, Inc. NASDAQ:VIVS	$3.74 Million
Green Cross Holdings Preference Shares KO:005257	$3.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Abacus Mining and Exploration Corp'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 4,031,033 reduced equity.
New share issuances of 374,300 increased equity.
Other comprehensive income decreased equity by 6,322,751.
Other factors increased equity by 6,576,541.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CA$-4.03 Million	-17.32%
Share Issuances	CA$374.30K	+1.61%
Other Comprehensive Income	CA$-6.32 Million	-27.17%
Other Changes	CA$6.58 Million	+28.26%
Total Change	CA$-	%

Book Value vs Market Value Analysis

This analysis compares Abacus Mining and Exploration Corp'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	CA$39.06	CA$0.03	x
1997-12-31	CA$35.70	CA$0.03	x
1998-12-31	CA$36.90	CA$0.03	x
1999-12-31	CA$25.60	CA$0.03	x
2000-12-31	CA$18.21	CA$0.03	x
2001-12-31	CA$-0.12	CA$0.03	x
2002-12-31	CA$0.21	CA$0.03	x
2003-12-31	CA$0.82	CA$0.03	x
2004-12-31	CA$0.98	CA$0.03	x
2005-12-31	CA$2.28	CA$0.03	x
2006-12-31	CA$2.69	CA$0.03	x
2007-12-31	CA$3.10	CA$0.03	x
2008-12-31	CA$2.73	CA$0.03	x
2009-12-31	CA$2.38	CA$0.03	x
2010-12-31	CA$0.98	CA$0.03	x
2011-12-31	CA$0.98	CA$0.03	x
2012-12-31	CA$1.31	CA$0.03	x
2013-12-31	CA$1.27	CA$0.03	x
2014-12-31	CA$1.24	CA$0.03	x
2015-12-31	CA$1.14	CA$0.03	x
2016-12-31	CA$0.30	CA$0.03	x
2017-12-31	CA$-0.19	CA$0.03	x
2018-12-31	CA$-0.22	CA$0.03	x
2019-12-31	CA$-0.23	CA$0.03	x
2020-12-31	CA$-0.19	CA$0.03	x
2021-12-31	CA$-0.20	CA$0.03	x
2022-12-31	CA$-0.19	CA$0.03	x
2023-12-31	CA$-0.17	CA$0.03	x
2024-12-31	CA$-0.16	CA$0.03	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Abacus Mining and Exploration Corp 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	CA$-1.93 Million
1997	-6.72%	-800.00%	0.01x	1.00x	CA$-1.99 Million
1998	-4.88%	-600.00%	0.01x	1.03x	CA$-1.83 Million
1999	-3.13%	-400.00%	0.01x	1.03x	CA$-1.68 Million
2000	-21.98%	-120191500.00%	0.00x	1.02x	CA$-3.50 Million
2001	0.00%	0.00%	0.00x	0.00x	CA$-11.35 Million
2002	-69.24%	0.00%	0.00x	1.37x	CA$-345.35K
2003	-19.47%	0.00%	0.00x	1.02x	CA$-666.97K
2004	-20.20%	0.00%	0.00x	1.02x	CA$-1.62 Million
2005	-7.69%	0.00%	0.00x	1.05x	CA$-2.58 Million
2006	-2.81%	0.00%	0.00x	1.01x	CA$-4.26 Million
2007	-4.78%	0.00%	0.00x	1.05x	CA$-7.32 Million
2008	-3.54%	0.00%	0.00x	1.05x	CA$-6.91 Million
2009	-3.56%	0.00%	0.00x	1.10x	CA$-6.63 Million
2010	-92.26%	0.00%	0.00x	1.54x	CA$-28.40 Million
2011	-4.21%	0.00%	0.00x	1.19x	CA$-4.43 Million
2012	24.05%	0.00%	0.00x	1.00x	CA$6.45 Million
2013	-2.00%	0.00%	0.00x	1.00x	CA$-5.42 Million
2014	-2.22%	0.00%	0.00x	1.00x	CA$-5.42 Million
2015	-9.50%	0.00%	0.00x	1.20x	CA$-7.95 Million
2016	-279.04%	0.00%	0.00x	2.14x	CA$-31.15 Million
2017	0.00%	0.00%	0.00x	0.00x	CA$-18.82 Million
2018	0.00%	0.00%	0.00x	0.00x	CA$-2.54 Million
2019	0.00%	0.00%	0.00x	0.00x	CA$-1.57 Million
2020	0.00%	0.00%	0.00x	0.00x	CA$-1.74 Million
2021	0.00%	0.00%	0.00x	0.00x	CA$-3.81 Million
2022	0.00%	0.00%	0.00x	0.00x	CA$-1.40 Million
2023	0.00%	0.00%	0.00x	0.00x	CA$319.38K
2024	0.00%	0.00%	0.00x	0.00x	CA$-1.70 Million

Industry Comparison

This section compares Abacus Mining and Exploration Corp'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: $49,314,810
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Abacus Mining and Exploration Corp (AME)	CA$-26.18 Million	-10.75%	N/A	$3.75 Million
Aftermath Silver Ltd (AAG)	$-553.41K	0.00%	0.00x	$185.75 Million
Aton Resources Inc (AAN)	$-1.13 Million	0.00%	0.00x	$49.79 Million
Arbor Metals Corp (ABR)	$1.00 Million	-16.27%	0.02x	$10.75 Million
Asiabasemetals Inc (ABZ)	$717.72K	-45.73%	0.05x	$4.67 Million
Adex Mining Inc (ADE)	$-30.95 Million	0.00%	0.00x	$27.09 Million
Alphamin Res (AFM)	$367.40 Million	27.47%	0.33x	$1.30 Billion
Silver X Mining Corp (AGX)	$38.37 Million	-47.47%	0.73x	$148.73 Million
Amarc Resources Ltd. (AHR)	$14.00 Million	5.93%	0.01x	$148.33 Million
Almonty Industries Inc (AII)	$39.75 Million	-36.45%	3.85x	$4.73 Billion
Aldebaran Resources Inc (ALDE)	$64.54 Million	-3.09%	0.01x	$332.39 Million

About Abacus Mining and Exploration Corp

V:AME Canada Other Industrial Metals & Mining

Market Cap

$3.75 Million

CA$5.18 Million CAD

Market Cap Rank

#28879 Global

#1363 in Canada

Share Price

CA$0.03

Change (1 day)

+20.00%

52-Week Range

CA$0.02 - CA$0.05

All Time High

CA$1.12