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Amex Exploration
(AMX)
Amex Exploration (AMX) vs. iShares MSCI Canada ETF (EWC)
Amex Exploration Business Overview & Revenue Model
Amex Exploration Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Dec 2023 | Mar 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -98.63K | -200.54K | -186.75K | -135.26K | -101.97K | -49.28K |
| EBITDA | -4.39M | -2.30M | -2.38M | -3.44M | -3.51M | -4.01M |
| Net Income | -4.81M | -739.55K | 680.17K | 142.06K | 10.08K | -1.81M |
Balance Sheet | ||||||
| Total Assets | 173.07M | 137.75M | 108.92M | 111.15M | 66.60M | 55.53M |
| Cash, Cash Equivalents and Short-Term Investments | 40.20M | 13.53M | 3.37M | 25.78M | 12.23M | 9.41M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 24.72M | 24.81M | 19.29M | 22.19M | 7.66M | 11.26M |
| Stockholders Equity | 148.36M | 112.94M | 89.63M | 88.95M | 58.95M | 44.27M |
Cash Flow | ||||||
| Free Cash Flow | -12.42M | -22.50M | -26.99M | -33.74M | -32.98M | -15.09M |
| Operating Cash Flow | -2.00M | -1.41M | -2.40M | -3.88M | -5.61M | -2.31M |
| Investing Cash Flow | -23.41M | -30.93M | -16.52M | -33.36M | -27.37M | -10.69M |
| Financing Cash Flow | 43.16M | 32.50M | 0.00 | 47.30M | 13.41M | 32.21M |
Amex Exploration Technical Analysis
Amex Exploration Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
60 Neutral | C$637.00M | -167.76 | -3.72% | ― | ― | -546.59% | |
57 Neutral | C$939.72M | -64.16 | -1.82% | ― | ― | -251.92% | |
56 Neutral | C$727.28M | 6.23 | -5.98% | ― | -5.94% | -153.35% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | C$1.17B | -117.65 | -7.47% | ― | ― | -26.52% | |
50 Neutral | C$560.78M | -36.79 | ― | ― | ― | 46.54% | |
48 Neutral | C$745.50M | -8.68 | -180.41% | ― | 119.95% | -79.81% |
Amex Exploration Corporate Events
Amex Exploration has launched the permitting and preparatory work for a dedicated 25 kV Hydro-Québec power line to its Perron Project, mandating Abitibi-based contractor Moreau to handle planning, engineering and regulatory support for the 6.5 km connection from the Normétal substation. The grid tie-in, targeted for commissioning in the third quarter of 2026 pending permits, is expected to reduce diesel dependence, cut greenhouse gas emissions and enhance operational reliability, while bolstering the technical and economic parameters of the ongoing Phase 1 toll-milling feasibility work and reinforcing the long-term viability and environmental positioning of the Perron Project.
The most recent analyst rating on (TSE:AMX) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration announced continued progress on its planned bulk sample program and Phase 1 Feasibility Study for a direct shipping ore development strategy at the Perron Gold Project, with permitting for the bulk sample submitted in September 2025 and a targeted start in the first half of 2026. Key milestones include advancing requests for quotations and service provider discussions, completing detailed underground designs that will serve both the bulk sample and Phase 1 mining, and entering advanced negotiations for milling at nearby Abitibi facilities, all aimed at de-risking the project by validating geological and mining assumptions. The company has mandated Quebec-based Evomine to lead detailed engineering and the Phase 1 Feasibility Study, sent a metallurgical composite from the Champagne Zone for testing to ensure compatibility with local mill flowsheets, and reaffirmed that the study is on track for completion by the end of the first quarter of 2026, incorporating stronger gold prices to potentially enhance project economics and support permitting and development decisions toward a prospective 2028 start-up, reinforcing Amex’s positioning to benefit from favourable gold market conditions and create value for shareholders.
The most recent analyst rating on (TSE:AMX) stock is a Hold with a C$4.50 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration Inc. has completed the acquisition of the Abbotsford and Hepburn Projects in Ontario, adding 324 non-contiguous mining claims over 8,392.92 hectares to its portfolio. This acquisition enhances Amex’s district-scale land package, which now covers 501.08 km², and positions the company favorably within highly prospective geology for high-grade gold and VMS mineralization. The expanded property benefits from excellent infrastructure, including proximity to major gold producers’ process plants, potentially boosting Amex’s operational capabilities and market positioning.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration has enhanced its community engagement efforts as it advances the Perron Project, a significant gold exploration initiative in Quebec. The company has opened local offices in Valcanton and Normétal, launched a community website, and expanded its community relations team to facilitate transparent communication with local stakeholders. These efforts aim to strengthen relationships with the communities and ensure that development proceeds responsibly and collaboratively.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$3.75 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration Inc. has significantly expanded its land holdings in the Abitibi region by acquiring the Abbotsford and Hepburn projects, as well as additional claims, increasing its control to 500 km2. This strategic move positions Amex as one of the largest landholders in the area, enhancing its potential for gold and VMS discoveries along the Normétal-Burntbush greenstone belt. The acquisitions are expected to create synergies with existing projects and provide new exploration opportunities, potentially impacting the company’s market positioning and stakeholder interests.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration Inc. has announced the granting of 3,250,000 incentive stock options and 2,026,000 restricted share units to certain directors, officers, employees, and consultants. Each option allows the acquisition of a common share at $2.85 per share for five years, while the restricted share units vest in three equal tranches over three years. These allocations are part of the company’s comprehensive stock incentive plan, approved by shareholders, and are subject to a four-month and one-day hold period as per TSX Venture Exchange policies. This move is likely to enhance stakeholder alignment and incentivize key personnel, potentially impacting the company’s operational and strategic positioning in the competitive mining industry.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration Inc. has announced the grant of 3,250,000 incentive stock options and 2,026,000 restricted share units to its directors, officers, employees, and consultants. These grants are part of the company’s omnibus equity incentive plan, which was approved by shareholders earlier this year. This move is expected to align the interests of the company’s stakeholders and enhance its operational focus on its promising gold and VMS mineralization projects.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.
Amex Exploration Inc. has announced plans for an extensive 2026 exploration program, which includes up to 100,000 meters of drilling at its Perron Project in Quebec and Perron West Project in Ontario. This initiative is part of one of the most aggressive drill programs for a junior developer in Canada, aiming to expand the existing resource base and explore new targets. The remainder of 2025 will focus on a 10,000-meter drilling program at the Eastern Gold Zone, with goals to test extensions of various zones, including the Champagne, Team, and Central Polymetallic Zones. The company is also planning condemnation drilling in the Alizée Zone to ensure no significant gold mineralization extends to the surface, which could impact the current mine plan.
The most recent analyst rating on (TSE:AMX) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on Amex Exploration stock, see the TSE:AMX Stock Forecast page.