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Abcourt Mines Inc. (CVE:ABI)

Abcourt Mines Inc. (CVE:ABI) Company Profile

Symbol(s): CVE:ABI, OTCMKTS:ABMBF
Industry: Gold Mining
Website: www.abcourt.com
eMail: rhinse@abcourt.com

Abcourt Mines Inc. (CVE:ABI) is a Canadian Gold mining company. It’s a junior small producer mainly focused on exploration and development of mineral properties in Canada. The company has multiple properties including Elder (Quebec, Canada), Abcourt-Barvue (Quebec, Canada), Aldermac (Val D’or, Canada), Jonpol (Amos, Canada), Vendome-Barvallee (Val D’or, Canada) and Vezza (Vezza, Canada).

Abcourt Mines Inc. (CVE:ABI) has about 0.4 million ounces of gold reserves & resources and 20 million ounces of silver reserves & resources. The company currently produces 15000 ounces of gold per year with the all-in sustaining costs of US$1100 per ounce.

Abcourt Mines Inc. has US$1.9 million cash and no debt. The company has 307.31 million shares outstanding and as of September 01, 2020, had a market capitalization of US$44.38 million. The stocks of Abcourt Mines Inc. trade on the Toronto TSX Ventures Stock Exchange and the Over-the-Counter Exchange.

Abcourt Mines Inc. (CVE:ABI) Share Price Chart

Abcourt Mines Inc. (CVE:ABI) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$0.19 (9/1/2020 16:00:00)
Volume:
603787 (9/1/2020 16:00:00)
52 Week High:
CA$0.19
52 Week Low:
CA$0.04
Change from 52 Week Low:
374.906%
Change from 52 Week High:
0%
Beta
0.85
Average Volume:
#N/A

Abcourt Mines Inc. (CVE:ABI) Financial Data

Share Price:
CA$0.19 (9/1/2020 16:00:00)
Shares Outstanding:
307.31 million
Market Capitalization:
US$44.38 million *
Cash:
US$1.9 million
Total Debt:
US$0 million
Enterprise Value:
US$42.475 million
Earnings Per Share:
-0.01
Price to Earning (P/E) Ratio:
#N/A

Abcourt Mines Inc. (CVE:ABI) Gold Resources

Total Reserves & Resources:
0.35 million ounce
Plausible Reserves & Resources:
0.23 million ounce
Current Cash Cost Per Ounce:
US$800
Future Cash Cost Per Ounce:
US$850
Current All-in Sustaining Cost Per Ounce:
US$1100
Future All-in Sustaining Cost Per Ounce:
US$1200
Current Annual Production:
15000 ounce
Future Annual Production:
20000 ounce

Abcourt Mines Inc. (CVE:ABI) Silver Resources

Total Reserves & Resources:
20 million ounce
Plausible Reserves & Resources:
12.33 million ounce
Future Cash Cost Per Ounce:
US$14
Future All-in Sustaining Cost Per Ounce:
US$20
Future Annual Production:
0.5 million ounce

Abcourt Mines Inc. (CVE:ABI) Valuation by Resources

Gold Equivalent Resources:
0.64 million ounce
Silver Equivalent Resources:
44.2 million ounce ***
Enterprise Value Per Gold Ounce:
US$66.396
Enterprise Value Per Silver Ounce:
US$0.962
Gold Equivalent Resources per FD share:
0.002 ounce
Silver Equivalent Resources per FD share:
0.144 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

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