Amex Exploration (AMX) AI Stock Analysis

• Market Cap: C$107.61M
• Dividend Yield: N/A
• Average Volume (3M): 130.20K
• Price to Earnings (P/E): 106.8
• Beta (1Y): 1.42
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Mining
• EPS (TTM): <0.01
• Shares Outstanding: 120,912,930
• 10 Day Avg. Volume: 140,173
• 30 Day Avg. Volume: 130,197
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -35.20
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.00
• Price Target Upside: 112.77% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

Amex Exploration's overall score reflects strong financial stability due to a robust equity base and no debt, but significant challenges in revenue generation and cash flow. The technical indicators show lack of momentum, and the high P/E ratio suggests overvaluation concerns. The absence of earnings call data and corporate events limits additional insights into future performance.

Amex Exploration Business Overview & Revenue Model

Company Description

Amex Exploration Inc is a Canada-based mining exploration company. It mainly focuses on developing viable gold and base metals deposits in mining-friendly jurisdictions. The company owns an interest in several mining projects including Perron gold property which is located in the Abitibi region of Quebec, Lebel-Sur-Quevillon gold project which is located in the north-western part of the province of Quebec, Eastmain River properties which are located in the Eeyou Istchee Territory, James Bay, Quebec, and Gowan property which is situated in Gowan township. Its only operating segments are exploration and evaluation of mining resources.

How the Company Makes Money

Amex Exploration generates revenue primarily through the discovery and development of mineral resources, which are then sold or partnered with larger mining companies for extraction. Its key revenue streams include the sale of exploration rights or properties, joint ventures, and strategic partnerships with larger mining entities that provide capital and resources in exchange for a share in future production. The company may also engage in equity financing to fund its exploration activities, thus providing liquidity and financial backing to continue its operations. Significant partnerships with industry leaders can contribute to its earnings by facilitating access to advanced mining technology and expertise, which can enhance the viability and profitability of its projects.

Amex Exploration Financial Statement Overview

Summary

Amex Exploration has a strong equity base with no debt, providing financial stability. However, the company faces significant challenges with no revenue generation, resulting in negative cash flows and potential liquidity risks.

Income Statement

The company reports no revenue, resulting in negative gross, EBIT, and EBITDA margins. Despite a positive net income for the TTM, historical net income figures show volatility, indicating inconsistency in profitability and a challenging financial position.

Balance Sheet

The company has a solid equity base with zero debt, reflected in a strong equity ratio. The absence of debt reduces financial risk, and the significant equity position suggests good financial stability.

Cash Flow

The cash flow statement indicates negative operating cash flow and significant capital expenditures, resulting in negative free cash flow. The lack of revenue generation and heavy investment outflows pose liquidity challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-144.28K	-186.75K	-135.26K	-101.97K	-49.28K	-70.54K
	EBIT
-2.33M	-3.21M	-3.87M	-3.61M	-3.88M	-4.60M
	EBITDA
-2.54M	-2.38M	-3.44M	-3.51M	-4.01M	-4.15M
	Net Income Common Stockholders
1.21M	680.17K	142.06K	10.08K	-1.81M	-3.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
522.23K	3.37M	25.78M	12.23M	9.41M	182.16K
	Total Assets
6.41M	108.92M	111.15M	66.60M	55.53M	24.06M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-505.44K	-3.36M	-22.27M	-12.22M	-9.39M	-168.43K
	Total Liabilities
785.16K	19.29M	22.19M	7.66M	11.26M	3.25M
	Stockholders Equity
5.63M	89.63M	88.95M	58.95M	44.27M	20.82M
Cash Flow		Free Cash Flow
-27.75M	-26.99M	-33.74M	-32.98M	-15.09M	-6.54M
	Operating Cash Flow
-2.81M	-2.40M	-3.88M	-5.61M	-2.31M	-1.09M
	Investing Cash Flow
-20.36M	-16.52M	-33.36M	-27.37M	-10.69M	-5.45M
	Financing Cash Flow
26.04M	0.00	47.30M	13.41M	32.21M	18.63M

Amex Exploration Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.94
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AMX, the sentiment is Negative. The current price of 0.94 is below the 20-day moving average (MA) of 0.98, below the 50-day MA of 1.04, and below the 200-day MA of 1.31, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 39.20 is Neutral, neither overbought nor oversold. The STOCH value of 19.23 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AMX.

Amex Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	47 Neutral	$2.64B	-3.82	-29.05%	3.32%	2.72%	-29.50%
AMX	46 Neutral	C$107.61M	106.82	1.20%	―	―	―
SKE	41 Neutral	C$1.55B	―	-156.19%	―	―	-66.33%
BTR	31 Underperform	C$36.72M	―	-91.29%	―	―	7.15%
GGM	28 Underperform	C$4.95M	―	15.80%	―	―	11.35%

Amex Exploration Corporate Events

Amex Expands High-Grade Gold Zones at Perron Project

Amex Exploration has expanded multiple high-grade gold zones at its Perron Gold Project in Quebec, showcasing significant drill results that enhance the project’s potential. The recent drilling results indicate successful expansion of gold zones both along strike and at depth, which aligns with the company’s strategy to optimize drill hole planning by incorporating economically viable ounces into existing zones. This expansion could improve Amex’s operational capabilities and strengthen its position in the gold mining industry, offering potential positive implications for stakeholders.

Amex Exploration’s Promising Gold Project Report

Amex Exploration has filed a Preliminary Economic Assessment report for its Perron gold project in Quebec, highlighting the project’s potential with significant gold discoveries. The project benefits from strong infrastructure and proximity to major gold producers, which enhances its development prospects.

Amex Exploration Unveils Promising Gold Project Potential

Amex Exploration’s Preliminary Economic Assessment reveals the Perron Gold Project’s substantial potential, boasting a pre-tax IRR of 59.5% and a net present value of C$948 million. The project is set to achieve an average annual gold production of 124,000 ounces for the first five years, with a life-of-mine spanning 10 years. The promising financial metrics and low environmental impact highlight the project’s potential as a profitable and sustainable mining endeavor.

Amex Exploration Expands Zones with High-Grade Gold Finds

Amex Exploration Inc. has reported significant drilling results that expand the mineralized footprint of its Central Polymetallic Zone, with high-grade gold intercepts indicating potential for resource growth. The company has also expanded its latest discovery, the JT Zone, and is optimizing its drilling plan for future resource expansion. These developments could potentially enhance the economic prospects of Amex’s Perron Project.