AABB - Asia Broadband, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0064
-0.0008 (-11.11%)
At close: 3:33PM EDT
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Previous Close0.0072
Open0.0062
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0060 - 0.0067
52 Week Range0.0060 - 0.1029
Volume1,863,000
Avg. Volume1,124,877
Market Cap2.635M
Beta (3Y Monthly)0.23
PE Ratio (TTM)N/A
EPS (TTM)-0.0930
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • PR Newswire

    AABB - Asia Metals Gold Mine Valuation Potential Validated by Goldman Sachs' Upgraded 2019 Gold Forecast

    LAS VEGAS , Aug. 15, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., recently began its 2019 Phase II Drill Program in close proximity to the ...

  • PR Newswire

    AABB - Asia Metals Confirms $5 Million 2019 Annual Gross Profit Target on Track

    LAS VEGAS , Aug. 13, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC: AABB), through its wholly owned subsidiary Asia Metals Inc., today confirmed management's confidence that the company is on track to ...

  • PR Newswire

    AABB - Asia Metals Reports 61 Percent Gross Profit Increase to $2.75 Million For Six Months Ending June 30, 2019

    LAS VEGAS, Aug. 7, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today the continued acceleration of its mining operations expansion activities in 2019. Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets.

  • PR Newswire

    AABB - Asia Metals Inc. Sources New Mining Equipment Initiating Large-scale Expansion

    LAS VEGAS, Aug. 6, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., recently conducted a mining equipment exhibition and procurement trip to China and several other Asian countries with members of the Company's management, technical consultants and joint venture partner representatives. The primary purpose of the trip was to preview, examine and evaluate production and facilities equipment to assess the capabilities and capacities relevant to the Company's future requirements. Additionally, the Company established relationships with equipment supply agents, manufacturers, facility owners and key people in the network of Company's Joint Venture Partner.

  • PR Newswire

    AABB Confirms OTCQB Up-list Plans and $5 Million Gross Profit Outlook

    LAS VEGAS, Aug. 1, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., today confirmed management's intent to up-list the company to the OTCQB. The company recently reported a minimum $5 million gross profit expectation for 2019.  Management also recently reported conducing meetings of the Board of Directors and the Management Committee to pass resolutions to proceed with an initiative to select and engage a qualified auditor.  The primary goal of this initiative is to develop an efficient relationship with a firm that will produce the Company's audited financial statements required to apply for the OTCQB tier with OTC Markets.

  • PR Newswire

    AABB - Asia Metals Inc Initiates Audit Firm Selection for OTCQB Up-List

    LAS VEGAS, July 30, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., recently held meetings of the Board of Directors and Management Committee and passed resolutions to proceed with an initiative to select and engage a qualified auditor. The primary goal of this initiative is to develop an efficient relationship with a firm that will produce the Company's audited financial statements required to apply for the OTCQB tier with OTC Markets. The Company's auditor selection process will target firms that have qualified staff with experience conducting mining company audits.

  • PR Newswire

    AABB - Asia Metals Inc Confirms High Grade Gold Mine in Exploration Drilling

    LAS VEGAS, July 25, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., today confirmed high grade gold mine results with over 10 grams per ton at only 3.1 meters discovered in exploration drilling of the Company's mine Guerrero, Mexico. AABB has just completed its first drill hole of its Phase II Exploration and Development Program that will continue to target areas in extended proximity to the Company's mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures. The Company recently concluded over 600 meters (m) of drilling inclusive of equipment testing and the completion of the first drill hole to depth.

  • PR Newswire

    AABB - Asia Metals Inc. Completes First Hole of $4M Drill Program as Gold Price Remains Near 6 Year High

    LAS VEGAS, July 23, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has completed its first drill hole of its Phase II Exploration and Development Program that will continue to target areas in extended proximity to the Company's mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures. The Company recently concluded over 600 meters (m) of drilling inclusive of equipment testing and the completion of the first drill hole to depth. The $4M Phase II Program estimates that more than 40 drill holes and over 20,000 (m) of drilling will be completed.  All drill targets defined in the Program protocol were selected using data obtained from the Company's Phase I Drill Program completed in the fourth quarter of 2018 and new geophysics data captured from the property region in the first quarter of this year.

  • PR Newswire

    AABB Outlook Improves With Gold Price 6 YR High Following Fed Chair Speech

    LAS VEGAS, July 18, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB) today highlighted the fact that gold reached a new six-year high yesterday following Fed Chairman Jerome Powell's speech in Paris. The Federal Reserve reported yesterday that the U.S. economy is growing at a "modest" pace. Gold prices responded by increasing to a new six-year high boding well for the AABB outlook as the company continues to develop a proven gold reserve.

  • PR Newswire

    AABB Confirms 2019 $5 Million Minimum Gross Profit Projection

    LAS VEGAS, July 17, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB) today confirmed management's $5 Million annual gross profit projection.  Last week the company announced it will report over $2.7 million in gross profit through the second quarter of 2019.  Based on the performance through the first half of 2019, management anticipates a minimum $5 Million annual gross profit for 2019 in total.  The company's growth is coming from its wholly owned subsidiary Asia Metals, Inc. and continued growth acceleration is anticipated from its ongoing mining operations.  Profits have increased 2000% since 2017. Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets.

  • PR Newswire

    AABB - Asia Metals Trends to $5 Million Annual Gross Profit Validating Mining Operations Expansion

    LAS VEGAS, July 10, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., announced today the continued acceleration of its mining operations expansion activities in 2019. Through the second quarter of 2018, AABB reported $1.7 million in gross profit and management has confirmed it will report over $2.7 million in gross profit through the second quarter of 2019, reflecting a 60% increase over the first half of 2018 and a 2000% increase over the first half of 2017. Based on the first half results of 2019 and the facilities and resource expansion programs in progress, the Company's budgets for the second half of 2019 include a minimum $5 Million annual gross profit projection. In addition to the dramatic increase in gross profit, the Company reported $6.9 million in cash on the balance sheet in the first quarter of 2019 and will receive a $9 Million Joint Venture funding payment in the second half of 2019.

  • PR Newswire

    AABB - Asia Metals Inc. Initiates Phase II Drill Program as Gold Price Hits 6 Year High

    LAS VEGAS, July 2, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated its Phase II Exploration and Development Program that will continue to target areas in extended proximity to the Company's mine in Guerrero, Mexico, to further delineate the known historical and new gold vein structures. The progressive and variable drill program has a committed budget of $4,000,000 with a 10% cost variance allowance and an estimated completion timeline of 6 months. All drill targets defined in the Program protocol were selected using data obtained from the Company's Phase I Drill Program completed in the fourth quarter of 2018 and new geophysics data captured from the property region in the first quarter of this year.

  • PR Newswire

    AABB - Asia Metals Inc. Corporate Update

    Further to the last announcement of a $4 million budget commitment to the Phase II Exploration and Development Program near the Company's mine in Guerrero, Mexico, the Company has recently finalized the details of the scope, budget allocations and work activities in specific areas.  The commencement of the Phase II Program is expected in the coming weeks, at which time further details will be announced and ongoing to completion. Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets.

  • PR Newswire

    AABB - Asia Metals Inc. Budgets $4 Million for Phase II Drilling and Exploration Program

    LAS VEGAS, April 18, 2019 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has committed a $4 million budget to its Phase II Exploration and Development Program near the Company's mine in Guerrero, Mexico.  The Phase II Program will further target a specific area in close proximity to the mine to continue delineating the existing historical gold vein structure.  Additionally, the new exploration program will expand the drill target scope to several other property areas that are adjacent to the mine. The Company's management and its technical team are ecstatic with the successful drill results from the Phase I Program.  The highlights of the drill results revealed high grade gold mineralization that attested the mine's historical production to date.

  • PR Newswire

    AABB - Asia Metals Expands Gold Mining Operations As Goldman Sachs Raises 2019 Gold Forecast

    LAS VEGAS , Feb. 7, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., recently confirmed the results of the 2018 Phase I Drill Program conducted ...

  • PR Newswire

    Asia Metals Drill Program Results Affirm Significant Gold Mineralization Intersections

    LAS VEGAS , Jan. 30, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., today announced the results of the 2018 Phase I Drill Program conducted ...

  • PR Newswire

    Asia Metals $3 Million Gross Profit Validates Mining Operations Expansion Plans

    LAS VEGAS , Jan. 24, 2019 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., today announced the continued acceleration of its mining operations expansion ...

  • PR Newswire

    Asia Metals Inc. Prepares For Drill Core Assay Testing

    "The entire Asia Metals team is excited to see the results of our first drill program activities early next year. All the detailed work that goes into submitting core samples for testing is onerous, but paves the way to getting the comprehensive results we have been diligently working towards in the preceding months," stated James Gilbert, the Company President and CEO.

  • PR Newswire

    Asia Metals Inc. Eliminates Two Share Classes; Drill Results Expected In January

    LAS VEGAS, Dec. 3, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has amended its capital structure by eliminating the Common B and Preferred share classes. The total authorized capital of the Company has been reduced from 1.1 Billion to 500 Million shares. The Company had not issued any common B or preferred shares to date and had no future intentions to use those share classes.

  • PR Newswire

    Asia Metals Inc. Posts Consecutive Record Sales Quarters

    LAS VEGAS, Nov. 16, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., posted the Company's third quarter sales, which marked the highest quarter sales results achieved to date and surpassed the record sales from the second quarter.  Precious and base metal production and sales for the third quarter have reached their highest levels in the history of the Company. "Q2 was a record sales quarter for us and we have now surpassed that benchmark in Q3. Also, the consistent efforts of our business development team, with their tremendous relationships forged throughout Asia, have continued to make a strong impact on our bottom-line and drive the success of the Company," stated James Gilbert, the Company President and CEO.

  • PR Newswire

    Asia Metals Inc. Retains Investor Relations Firm and Begins Investor Awareness Program

    LAS VEGAS, Nov. 7, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB) (the "Company"), through its wholly owned subsidiary Asia Metals Inc., has retained the services of Cervitude Intelligent Relations Consulting to begin providing strategic investor and shareholder relations services for the Company.  Cervitude is a full service professional consulting firm that also provides integrated investor awareness campaigns, business planning, social media and e-commerce services that assist clients world-wide in achieving success with their projects and objectives.  Cervitude will be transitioning into the IR role and begin working closely with the Company over the next week. The Company is also actively engaging with various other investor awareness service providers to initiate an integrated campaign to significantly expand the Company's visibility to the professional and retail investment communities of its operations information, business mission and unique investment opportunity through online and social media channels.

  • PR Newswire

    Asia Metals Inc. Secures $34 Million Joint Venture and Receives $5 Million First Tranche

    LAS VEGAS , Oct. 24, 2018 /PRNewswire/ -- Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., has signed a definitive joint venture agreement for the large scale expansion ...

  • PR Newswire

    Asia Metals Inc. Completes Drill Testing and Begins Targeted Drill Program

    LAS VEGAS, Sept. 26, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has now completed the evaluation and testing period of the Company's new drilling rigs on site in close proximity to the Company's mine in Guerrero, Mexico.  During the past several weeks, the Company's operating and technical personnel conducted extensive testing of the new track carrier mounted drilling rigs on variety of terrain in multiple locations.  Over 200 meters of test drilling was completed while the equipment operated within normal parameters. The drill site preparation has already begun at the first drill target location and the drilling equipment is expected to be mobilized and in full operation by the end of this week.  The Company's Phase 1 Drill Program is being directed by the previous geophysics data captured on the property to target a specific area close to the mine site to further delineate the existing historical gold vein structure.

  • PR Newswire

    Asia Metals Inc. To Finalize $34 Million Joint Venture Agreement

    LAS VEGAS, Sept. 19, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has initiated the finalization of a definitive joint venture agreement for the large scale expansion of the Company's mining operations in the state of Guerrero, Mexico. Subsequent to the signing of a Letter of Intent (LOI) for the joint venture with a Chinese holding company and an evaluation due diligence period, there is agreement from both parties to move forward with the joint venture agreement. The key terms of the agreement are a $34 million capital commitment allocated over a 3 year period, a $5 million initial payment within 30 days of signing the final agreement and a $12 million minimum capital outlay in 2019. The joint venture capital will be allocated to significantly expand the identified resources within the Asia Broadband properties and build out a new production processing facility with greater efficiency and capacity.

  • PR Newswire

    Asia Metals Inc. Announces Delivery of New Drilling Rigs and Equipment to Guerrero Mine Site

    LAS VEGAS, Sept. 5, 2018 /PRNewswire/ -- Asia Broadband Inc. (AABB), through its wholly owned subsidiary Asia Metals Inc., has received delivery of two fully equipped track carrier mounted drilling rigs on site.  The rigs were purchased and shipped from China in July 2018 and will be utilized for the targeted drill program in close proximity to the Company's mine in Guerrero, Mexico.  The drilling units and accessories were subject to several unexpected delays in the customs clearing at the Port of Acapulco and the bonded and secured deliver service to the Company's mine site location. Over the next several weeks the drilling machinery and equipment will go through an evaluation and testing period conducted by an experienced mining engineer and drill operator.  It is essential for the timely completion of the planned drill program and for asset protection purposes to ensure that the equipment functions within normal parameters on a schedule of short duration test holes over a variety of terrain.  Subsequent to the various test hole trials and operating evaluations, the equipment will be deployed and engaged on the first target drill site for full operation.