Abasca Resources Inc. (ABA) Financials
TSXV: ABA · Graphite · Advanced Exploration stage
- Market cap$13.1M
- Share price$0.080
- 52-week range$0.060 – $0.125
- Shares outstanding163,939,512
- ExchangeTSXV
- Websitewww.abasca.ca
Abasca is a mineral exploration company that is primarily engaged in the acquisition and evaluation of mineral exploration properties. The Company owns the Key Lake South Project (KLS), a 23,974-hectare exploration project located in the Athabasca Basin Region in northern Saskatchewan, approximately 15 km south of the former Key Lake Mine and current Key Lake mill. The Project possesses geological similarities with and is along-strike of the past-producing Key Lake Mine and hosts over 50 km of prospective conductors for potential uranium mineralization. KLS is also host to the Loki Flake Graphite Deposit comprising a total Indicated Resources of 6.99 Mt at 8.27% Cg and inferred resource of 15.83 Mt at 6.93% Cg. Abasca has completed a Preliminary Economic Assessment for the Loki Deposit with positive result of after-tax NPV of US$130 million and 16.7% IRR. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.
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Abasca Resources Inc. financial statements
Key figures read from 27 of 27 financial statement filings, Sep 19, 2019 to Jun 23, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Apr 2026 | Apr 2025 | Apr 2024 | Apr 2023 | May 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$1,498,646 | C$1,130,468 | C$705,619 | C$1,530,460 | C$0 |
| Total current assets | — | C$1,486,355* | C$869,083* | C$1,687,981* | — |
| Property, plant and equipment | C$0 | C$22,867 | C$48,911 | C$71,614 | C$0 |
| Total assets | C$2,105,856 | C$1,509,222 | C$917,994 | C$1,759,595 | C$0 |
| Shareholders' equity | C$857,948 | C$898,273 | C$419,158 | C$1,472,314 | C$0 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$8,629,690 | C$6,783,447 | C$2,770,067 | C$4,285,284 | — |
| General and administrative | C$122,295 | C$105,087 | C$108,497 | C$37,497 | C$217 |
| Share-based compensation | C$271,250 | C$414,800 | C$0 | C$983,500 | — |
| Net income (loss) | (C$5,547,677) | (C$6,462,896) | (C$2,406,875) | (C$5,515,211) | (C$53,709) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Apr 2026 | FY Apr 2025 | FY Apr 2024 | FY Apr 2023 | FY Apr 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$8,602,299) | (C$6,539,612) | (C$3,048,560) | (C$2,124,970) | (C$54,792) |
| Investing cash flow | — | — | C$0 | (C$78,125) | — |
| Financing cash flow | C$8,970,477 | C$6,964,461 | C$2,223,719 | C$3,632,900 | C$31,964 |
| Property, plant and equipment spending | — | — | C$0 | (C$78,125) | — |
| Change in cash | C$368,178 | C$424,849 | (C$824,841) | C$1,429,805 | C$5,055 |
| Cash at end of period | C$1,498,646 | C$1,130,468 | C$705,619 | C$1,530,460 | C$100,655 |
Abasca Resources Inc. financings
1 financing announced or closed by Abasca Resources Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-09-23 | Abasca Resources Inc. (ABA) | Private placement, non-brokered | Closed, 1 tranche | US$2.3M | $0.250 | Abasca Announces Filing of Technical Report Regarding Positive Preliminary Economic Assessment for the Loki Flake Graphite Deposit and Private Placement of $2.25 Million |