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Abcourt Mines Inc V.ABI

Alternate Symbol(s):  ABMBF

Abcourt Mines Inc. is a Canadian gold exploration company with properties located in northwestern Quebec, Canada. The Company owns the Sleeping Giant mine and mill, where it focuses its development activities. The Sleeping Giant Property is located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. It comprises four mining leases covering an area of approximately 458 hectares and 69 mining claims. The Elder mine and the Tagami property are located 10 kilometers (km) northwest of the mining community of Rouyn-Noranda in Quebec. The properties include over 36 contiguous claims, one mining concession and two mining leases. The Abcourt-Barvue property is located 12 km north of Barraute, 60 km north of the mining community of Val-d’Or, Quebec. It covers over 4,755 hectares with 103 claims and two mining concessions. Its properties also include Flordin, Pershing-Manitou, Vendome, Aldermac, Jonpol and other properties.


TSXV:ABI - Post by User

Bullboard Posts
Post by trenchtownon Nov 19, 2018 5:32pm
101 Views
Post# 28996900

Simply Wall Street

Simply Wall StreetA friend who also owns shares in this stock asked me if and when I will sell.  I used the site simplywall.st.  I assume it is because the site analyzed Abcourt in this way...

Abcourt Mines's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Abcourt Mines's share price is below the future cash flow value, but not at a substantial discount (< 40%).Abcourt Mines is good value based on earnings compared to the CA Metals and Mining industry average.

Abcourt Mines is good value based on earnings compared to the Canada market.

Abcourt Mines has delivered over 20% year on year earnings growth in the past 5 years.

Abcourt Mines has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Abcourt Mines has become profitable in the last year making it difficult to compare the CA Metals and Mining industry average.

Abcourt Mines is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Abcourt Mines's cash and other short term assets cover its long term commitments.

Abcourt Mines has no debt.

Abcourt Mines has no debt compared to 5 years ago when it was 0.1%.

Abcourt Mines has no debt, it does not need to be covered by operating cash flow.

Abcourt Mines has no debt, therefore coverage of interest payments is not a concern.

Renaud's compensation has increased in line with Abcourt Mines recently becoming profitable.

Renaud's remuneration is higher than average for companies of similar size in Canada

The average tenure for the Abcourt Mines board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Bullboard Posts