Last $0.0006 USD
Change Today 0.00 / 0.00%
Volume 0.0
ABOT On Other Exchanges
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OTC US
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

abot mining co (ABOT) Snapshot

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Previous Close
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Day High
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Day Low
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52 Week High
04/7/14 - $0.0013
52 Week Low
11/21/13 - $0.0003
Market Cap
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Average Volume 10 Days
212.3K
EPS TTM
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Shares Outstanding
0.0
EX-Date
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P/E TM
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Current Stock Chart for ABOT MINING CO (ABOT)

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abot mining co (ABOT) Details

Abot Mining Co., an independent exploration company, is engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties. The company has interests in Pueblo project located in Sinaloa, Mexico; and Aztlan 8B, a gold, silver, and copper mining project in the State of Nayarit in the Tecuala mining district on the west coast of Mexico. Abot Mining Co. was founded in 1957 and is headquartered in Woodland Hills, California.

Founded in 1957

abot mining co (ABOT) Top Compensated Officers

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abot mining co (ABOT) Key Developments

Abot Mining Co. Commences Precipitation of Precious Metals on its Pueblo Project (Silver Tailings)

Abot Mining Co. announced that the precipitation of gold and silver from the trial run of 150 tons of silver tailings and grounded ore shall continue for the next few days. The company's Mexican Operating/JV Partner expects to smelt/refine the concentrate from this trial run into bars of dore bullion by the second to third week of this month. Minor maintenance work is in progresses that include but not limited to repair of PVC valves on the supply lines to the recovery system, installation of vacuum pump and scheduled maintenance works on water pump and two generators for the recovery system. The company further plans to bring additional silver tailings and grounded ore for production by the end of this month and increase the company's throughput from 150 tons to up to 600 tons per month of silver tailings and grounded ore.

Abot Mining Mulls Acquisitions

Abot Mining Co. is seeking acquisitions. ABOT is a United States based mining company engaged in discovering, acquiring, developing, producing, and marketing precious and semi-precious metal properties.

Abot Mining Co. Enters into a Legally Binding Silver Tailings Purchase and Processing Agreement with Rising Star Mining

Abot Mining Co. announced that it has entered into a legally binding Silver Tailings Purchase and Processing Agreement with Rising Star Mining that sets out terms and conditions for purchase and production of silver tailings known as the Pueblo Project in Sinaloa, Mexico. The company has paid advance monies and has scheduled payments to commence mobilization works for road repair and equipment maintenance. The company expects to do the trial run of 150 tons of Tailings and subsequently increase throughput to up to 600 tons of Tailings per month. The term of the Agreement is for one year commencing from the date of Agreement with possibilities of rollovers and extensions. The size of each lot of Tailings has been agreed to be a minimum of 150 tons per production run.

 

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Price/Sales 3.7x
Price/Book 0.4x
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