Athabasca Minerals

ABM-X

Analysis and Opinions about ABM-X

Signal
Opinion
Expert
BUY
BUY
December 27, 2019
They make frack sand; not a commonly covered stock. Trades at 15x earnings. The 2021 outlook is much better, supported by strong demand. A good opportunity.
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Athabasca Minerals (ABM-X)
December 27, 2019
They make frack sand; not a commonly covered stock. Trades at 15x earnings. The 2021 outlook is much better, supported by strong demand. A good opportunity.
BUY
BUY
July 15, 2019
It's speculative. They produde gravel, sand and rock in the Oil Sands. They're starting another pit later this year. They have a couple of frack and sand deposits, which is positive. He's like the upside. Their strong cash flow limits downside.
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It's speculative. They produde gravel, sand and rock in the Oil Sands. They're starting another pit later this year. They have a couple of frack and sand deposits, which is positive. He's like the upside. Their strong cash flow limits downside.
BUY
BUY
June 10, 2019
An Alberta based aggregates company – the division that pays the bills. Two other divisions. One is a fack-sand division. Drilling in BC is about to pickup because of the LNG plant about to go in. If they can prove out their deposits it could be very positive for the division. The other division is like Uber eats but for gravel, which is an inefficient market. They can profit from the division between gravel prices between vendors as they take orders for delivery.
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An Alberta based aggregates company – the division that pays the bills. Two other divisions. One is a fack-sand division. Drilling in BC is about to pickup because of the LNG plant about to go in. If they can prove out their deposits it could be very positive for the division. The other division is like Uber eats but for gravel, which is an inefficient market. They can profit from the division between gravel prices between vendors as they take orders for delivery.
WATCH
WATCH
February 16, 2017

They operate some gravel pits in Fort McMurray and it is a hot commodity there. They also have frac sand. He is hesitant due to a lawsuit with one of their customers. Wait for that to clear up.

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Athabasca Minerals (ABM-X)
February 16, 2017

They operate some gravel pits in Fort McMurray and it is a hot commodity there. They also have frac sand. He is hesitant due to a lawsuit with one of their customers. Wait for that to clear up.

COMMENT
COMMENT
June 2, 2015

This had a monster frac sand deposit, which was very attractive. The demand for frac sand is not going to be great. He got out before the stock fell.

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This had a monster frac sand deposit, which was very attractive. The demand for frac sand is not going to be great. He got out before the stock fell.

COMMENT
COMMENT
October 22, 2014

He has a very small position in this. The big business for them is the frac sand market. Most frac sand is being railed in from Wisconsin. Athabasca has a big sand quarry in Alberta where they are doing their preliminary assessment. Strategically located. Has no revenue from this right now. Stock had a big run up as there were expectations of them getting approval for this quarry. Pulled back because everyone is now concerned about the longevity of the energy business and what that will mean for this company. If you have a longer-term time horizon this would be a good entry point. Probably 18 months away, plus they are going to have to do an equity raise for a rail.

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Athabasca Minerals (ABM-X)
October 22, 2014

He has a very small position in this. The big business for them is the frac sand market. Most frac sand is being railed in from Wisconsin. Athabasca has a big sand quarry in Alberta where they are doing their preliminary assessment. Strategically located. Has no revenue from this right now. Stock had a big run up as there were expectations of them getting approval for this quarry. Pulled back because everyone is now concerned about the longevity of the energy business and what that will mean for this company. If you have a longer-term time horizon this would be a good entry point. Probably 18 months away, plus they are going to have to do an equity raise for a rail.

COMMENT
COMMENT
October 15, 2014

Did very well, but has done poorly in the last month. Fortunately, he exited before the selloff happened. They operate some gravel pits in Fort McMurray, and have a frac sand deposit, which is where the bulk of the value was when it was at $3. Frac sand still has a tremendous influence on the stock price. They don’t have enough cash flow to develop the mine themselves. However, he feels it is a tremendous asset if you believe in healthy oil prices.

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Athabasca Minerals (ABM-X)
October 15, 2014

Did very well, but has done poorly in the last month. Fortunately, he exited before the selloff happened. They operate some gravel pits in Fort McMurray, and have a frac sand deposit, which is where the bulk of the value was when it was at $3. Frac sand still has a tremendous influence on the stock price. They don’t have enough cash flow to develop the mine themselves. However, he feels it is a tremendous asset if you believe in healthy oil prices.

COMMENT
COMMENT
July 30, 2014

A really interesting company. Their primary business right now is gravel crushing. They operate a mine for the Alberta government. Numbers came out today and were probably a little disappointing. The real upside with this one is that they have an opportunity to participate in a frac sand market. The majority of the frac sand that is used in Western Canada gets railed in from Wisconsin. They have an opportunity to set up a depot, which will require some capital, so wouldn’t be surprised to see them raising money in the short term. This is where the huge upside is as they will be able to compete on price. The sand won’t be the same quality, but will be satisfactory for most of the frac jobs. He is looking at this one.

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A really interesting company. Their primary business right now is gravel crushing. They operate a mine for the Alberta government. Numbers came out today and were probably a little disappointing. The real upside with this one is that they have an opportunity to participate in a frac sand market. The majority of the frac sand that is used in Western Canada gets railed in from Wisconsin. They have an opportunity to set up a depot, which will require some capital, so wouldn’t be surprised to see them raising money in the short term. This is where the huge upside is as they will be able to compete on price. The sand won’t be the same quality, but will be satisfactory for most of the frac jobs. He is looking at this one.

COMMENT
COMMENT
July 23, 2014

Produces gravel and sand. Tar sands mines have gravel roads, and they consume a lot of gravel. The real value is their fracing sand. He is sure there is more upside to come. It will be volatile as it is an undeveloped resource play.

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Produces gravel and sand. Tar sands mines have gravel roads, and they consume a lot of gravel. The real value is their fracing sand. He is sure there is more upside to come. It will be volatile as it is an undeveloped resource play.

COMMENT
COMMENT
July 2, 2014

Fracing sand is turning out to be a great business to be in, so you want to go with the actual producer. This gives you a broader base, and is a much simpler way to get into that area. Not a bad area to get into.

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Fracing sand is turning out to be a great business to be in, so you want to go with the actual producer. This gives you a broader base, and is a much simpler way to get into that area. Not a bad area to get into.

PAST TOP PICK
PAST TOP PICK
September 6, 2013

(A Top Pick May 25/12. Up 71.67%.) Still buying. Gravel producer in Fort McMurray area. Make nice profits from that, but what really interested him was their frac sand deposit for shale. This deposit is worth a lot of money and they are just waiting to see if the Alberta government is going to require a full environmental impact assessment. He is betting that they won’t. If so, the stock should move appreciably.

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Athabasca Minerals (ABM-X)
September 6, 2013

(A Top Pick May 25/12. Up 71.67%.) Still buying. Gravel producer in Fort McMurray area. Make nice profits from that, but what really interested him was their frac sand deposit for shale. This deposit is worth a lot of money and they are just waiting to see if the Alberta government is going to require a full environmental impact assessment. He is betting that they won’t. If so, the stock should move appreciably.

HOLD
HOLD
February 21, 2013

Produces gravel in Fort McMurray for the big oil companies. Stock sold off because it got ahead of itself and, as well, people are losing patience with the permitting of the frac sand deposit. If this deposit gets developed, the stock will go a lot higher. Has it as a Hold right now as he wants to see the Q4 earnings.

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Athabasca Minerals (ABM-X)
February 21, 2013

Produces gravel in Fort McMurray for the big oil companies. Stock sold off because it got ahead of itself and, as well, people are losing patience with the permitting of the frac sand deposit. If this deposit gets developed, the stock will go a lot higher. Has it as a Hold right now as he wants to see the Q4 earnings.

BUY
BUY
December 14, 2012

Makes gravel in Fort McMurray. Thinks this is going to go higher. Have a lot of catalyst waiting for them that could move the stock price up. Have a huge frac sand deposit and are waiting to hear from the government as to whether they can proceed developing at, or if they have to do a full environmental assessment.

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Athabasca Minerals (ABM-X)
December 14, 2012

Makes gravel in Fort McMurray. Thinks this is going to go higher. Have a lot of catalyst waiting for them that could move the stock price up. Have a huge frac sand deposit and are waiting to hear from the government as to whether they can proceed developing at, or if they have to do a full environmental assessment.

STRONG BUY
STRONG BUY
October 22, 2012

Not a fan of commodity players but likes the companies that provide them with equipment, etc. This company sells gravel and oil Sands producers use a lot of gravel. The company returns 45% on equity. Management owns a lot of stock. Trading at around 11X earnings. Literally across the road from Imperial Esso’s (IMO-T) Kearl and will be a big customer for them. Likes this one a lot.

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Athabasca Minerals (ABM-X)
October 22, 2012

Not a fan of commodity players but likes the companies that provide them with equipment, etc. This company sells gravel and oil Sands producers use a lot of gravel. The company returns 45% on equity. Management owns a lot of stock. Trading at around 11X earnings. Literally across the road from Imperial Esso’s (IMO-T) Kearl and will be a big customer for them. Likes this one a lot.

TOP PICK
TOP PICK
May 25, 2012
Produces gravel in Fort McMurray. Management owns about 44%. Have produced enormous profits relative to their market cap but the stock trades for 5X trailing earnings. If you believe in the oil sands and the construction of these big plants and roads, this is the play for you because they are pretty much the dominant gravel producer there. Also have a frac sand deposit which is very valuable for fracing needs. Short positions have all but evaporated.
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Produces gravel in Fort McMurray. Management owns about 44%. Have produced enormous profits relative to their market cap but the stock trades for 5X trailing earnings. If you believe in the oil sands and the construction of these big plants and roads, this is the play for you because they are pretty much the dominant gravel producer there. Also have a frac sand deposit which is very valuable for fracing needs. Short positions have all but evaporated.
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Athabasca Minerals(ABM-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Athabasca Minerals is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Athabasca Minerals(ABM-X) Frequently Asked Questions

What is Athabasca Minerals stock symbol?

Athabasca Minerals is a Canadian stock, trading under the symbol ABM-X on the TSX Venture Exchange (ABM-CV). It is usually referred to as TSXV:ABM or ABM-X

Is Athabasca Minerals a buy or a sell?

In the last year, 1 stock analyst published opinions about ABM-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Athabasca Minerals.

Is Athabasca Minerals a good investment or a top pick?

Athabasca Minerals was recommended as a Top Pick by Robert McWhirter on 2019-12-27. Read the latest stock experts ratings for Athabasca Minerals.

Why is Athabasca Minerals stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Athabasca Minerals worth watching?

1 stock analyst on Stockchase covered Athabasca Minerals In the last year. It is a trending stock that is worth watching.

What is Athabasca Minerals stock price?

On 2019-11-15, Athabasca Minerals (ABM-X) stock closed at a price of $0.45.