Abacus Mining & Exploration Corporation (ABCFF) Stock

About Abacus Mining & Exploration Corporation

Abacus Mining & Exploration Corporation operates as an early-stage company, primarily focused on the acquisition, exploration, and development of mineral assets across Canada. Its holdings include an option to secure a 75% ownership in the Willow copper-molybdenum project, situated near Yerington, Nevada, alongside ongoing exploration efforts on the Nev-Lorraine claims. Additionally, the company maintains a 20% stake in the KGHM Ajax copper-gold property, located to the southwest of Kamloops, British Columbia. The corporation's main office is located in Vancouver, Canada.

Abacus Mining & Exploration Corporation is headquartered in CA.

Abacus Mining & Exploration Corporation (ABCFF) stock trades at $0.02 with a market capitalization of $3.75M. The stock is valued at a negative price-to-earnings (P/E) ratio of -0.97, reflecting a net loss over the last twelve months, a negative price-to-book of -0.16, reflecting negative shareholders' equity, price-to-sales of 0.00. Over the past 52 weeks the stock has ranged between $0.01 and $0.04, and currently trades 50.0% below its 52-week high.

On profitability, Abacus Mining & Exploration Corporation generates a return on equity (ROE) of 16.92% (not meaningful, as shareholders' equity is negative), return on capital employed of 1.62%.

Official website: www.amemining.com