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Almadex Minerals ( (TSE:DEX) ) has shared an announcement.
Almadex Minerals has completed two diamond drill holes at its Paradise Project in Nevada and plans to commence a third. The company is also preparing for drilling programs on projects in Arizona and those optioned by Azucar Minerals. In 2025, Almadex acquired several new projects, including epithermal silver-gold projects in Utah and Nevada, and a rare earth exploration project in New Mexico. These efforts aim to advance their portfolio through geological fieldwork and targeted drilling, potentially impacting their industry positioning by enhancing their exploration capabilities and project offerings.
Spark’s Take on TSE:DEX Stock
According to Spark, TipRanks’ AI Analyst, TSE:DEX is a Neutral.
Almadex Minerals’ stock score is primarily impacted by financial instability, highlighted by declining revenues and negative cash flows. The strong balance sheet and favorable valuation due to a low P/E ratio provide some support. While technical indicators show moderate strength, the stock’s future performance is contingent on overcoming financial challenges and capitalizing on recent exploration successes.
To see Spark’s full report on TSE:DEX stock, click here.
More about Almadex Minerals
Almadex Minerals Ltd. operates in the mining and exploration industry, focusing on the discovery and development of mineral properties. The company primarily targets porphyry lithocap, epithermal precious metal, and other mineral deposits, with a market focus on high-quality exploration projects in the western USA.
Average Trading Volume: 49,079
Technical Sentiment Signal: Buy
Current Market Cap: C$27.45M
Learn more about DEX stock on TipRanks’ Stock Analysis page.