abington resources ltd (ABL:Venture)
abington resources ltd (ABL) Snapshot
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Open
C$0.07
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Previous Close
C$0.06
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Day High
C$0.07
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Day Low
C$0.06
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52 Week High
05/29/12 - C$0.51
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52 Week Low
02/21/13 - C$0.05
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Market Cap
565.3K
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Average Volume 10 Days
13.5K
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EPS TTM
C$-0.03
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Shares Outstanding
10.3M
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EX-Date
--
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P/E TM
--
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Dividend
--
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Dividend Yield
--
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Related News
abington resources ltd (ABL) Related Businessweek News
No Related Businessweek News Foundabington resources ltd (ABL) Details
Abington Resources Ltd. engages in the acquisition, exploration, and development of oil, gas, and mineral properties in Canada and the United States. The company owns interests in 2 horizontal oil and gas producing wells located in Weyburn, Saskatchewan, as well as a horizontal oil producing well situated in Kingsford, Saskatchewan. It also owns interest in the Juniper gold property that consists of 110 unpatented claims situated in Pershing County, Nevada; and holds an option to acquire a 100% interest in 10 mineral claims in the Treasure King gold property located in the Turkey Creek Mining District in Yavapai County, Arizona. The company was formerly known as Abington Ventures Inc. and changed its name to Abington Resources Ltd. in 2009. Abington Resources Ltd. was incorporated in 1999 and is headquartered in Vancouver, Canada.
abington resources ltd (ABL) Key Developments
Abington Resources Ltd., Annual General Meeting, May 03, 2013., at 14:30 Pacific Daylight. Location: Terminal City, 837 West Hastings Street. Agenda: To receive and consider the report of the directors, the audited financial statements of the company for the fiscal year ended October 31, 2012; to appoint an auditor for the ensuing year at a remuneration to be fixed by the directors; to elect directors of the corporation for the ensuing year; to ratify and approve the company's existing stock option plan; to ratify and confirm all acts, deeds and things done and proceedings taken by the directors and officers of the company on its behalf since the last annual general meeting; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof.
Abington Resources Ltd. filed its Annual on Feb 28, 2013 for the period ending Oct 31, 2012. In this report its auditor, Watson Dauphinee & Masuch, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Abington Resources Ltd. announce that the company has appointed Barry Underhill as the President and Chief Executive Officer of the company and Zeny Manalo as the Chief Financial Officer of the company. Mr. Underhill is also a director of the company. Ms. Manalo has 28 year experience in accounting and administration work for several Canadian and USA public companies. Walter Brenner has resigned as a director and the President and Chief Executive Officer of the company effective immediately.
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| ABL:CN | C$0.06 CAD | 0.00 | |
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Industry Analysis
ABL
Industry Average
| Valuation | ABL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 1.4x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.0x |
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To contact ABINGTON RESOURCES LTD, please visit www.abingtonresources.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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