ATEX Resources Inc (TSE:ATX)
TSX:ATX
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ATX Stock Chart & Stats
C$3.54
C$0.01(0.65%)
At close: 4:00 PM EST
C$3.54
C$0.01(0.65%)
Day’s Range― - ―
52-Week RangeC$1.84 - C$4.55
Previous CloseN/A
Volume153.58K
Average Volume (3M)510.58K
Market Cap
C$1.14B
Enterprise ValueC$1.16B
Total Cash (Recent Filing)C$105.08M
Total Debt (Recent Filing)C$267.35K
Price to Earnings (P/E)―
Beta1.93
Next Earnings
May 22, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding374,629,500
10 Day Avg. Volume680,337
30 Day Avg. Volume510,584
Financial Highlights & Ratios
PEG Ratio-0.15
Price to Book (P/B)16.60
Price to Sales (P/S)0.00
P/FCF Ratio-9.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$5.00Price Target Upside41.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.2
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageThe company’s extremely low reported debt versus a sizeable equity base provides structural financial flexibility: it limits bankruptcy risk and preserves capacity to fund exploration via equity or JV activity. Low leverage supports multi‑month funding runway options and strategic optionality.
Large-scale Exploration FocusATEX’s business model centers on large-scale copper and gold exploration assets, which creates durable project optionality. Successful discoveries scale value materially and attract partners or M&A; the structural model prioritizes high-impact assets over short-term revenue, aligning with long-term resource value creation.
Improving FCF TrendReported improvement in free cash-flow trajectory suggests management is beginning to moderate cash outflows or improve program efficiency. While still negative, a positive direction reduces incremental external funding pressure and, if sustained, materially improves the firm’s financing flexibility over several quarters.
Bears Say
No RevenueAs an exploration-stage company with no reported revenue, ATEX lacks operating income to self-fund activities. Persistent absence of revenue forces reliance on capital markets or partners for backstopping programs, increasing dilution risk and making long-term project advancement contingent on external financing.
High Cash BurnSustained negative operating and free cash flows indicate substantial ongoing funding needs. A -$58M TTM operating cash flow and -$88M FCF level imply limited internal runway absent capital raises, pressuring management to secure external financing or cut investment, which can slow exploration progress and dilute shareholders.
Negative Returns & Equity VolatilityVery negative ROE and prior episodes of negative equity signal erosion of shareholder capital and structural profitability challenges. This history raises the cost of capital, may deter long-term institutional holders, and can complicate future equity or debt raises needed to sustain exploration programs.
ATX FAQ
What was ATEX Resources Inc’s price range in the past 12 months?
ATEX Resources Inc lowest stock price was C$1.84 and its highest was C$4.55 in the past 12 months.
What is ATEX Resources Inc’s market cap?
ATEX Resources Inc’s market cap is C$1.14B.
When is ATEX Resources Inc’s upcoming earnings report date?
ATEX Resources Inc’s upcoming earnings report date is May 22, 2026 which is in 17 days.
How were ATEX Resources Inc’s earnings last quarter?
Currently, no data Available
Is ATEX Resources Inc overvalued?
According to Wall Street analysts ATEX Resources Inc’s price is currently Undervalued.
Does ATEX Resources Inc pay dividends?
ATEX Resources Inc does not currently pay dividends.
What is ATEX Resources Inc’s EPS estimate?
ATEX Resources Inc’s EPS estimate is -0.04.
How many shares outstanding does ATEX Resources Inc have?
ATEX Resources Inc has 374,629,500 shares outstanding.
What happened to ATEX Resources Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of ATEX Resources Inc?
Currently, no hedge funds are holding shares in TSE:ATX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
ATEX Resources Inc Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$5.00 (41.24% Upside)
C$5.00 (41.24% Upside)
Insider Transactions
Bought Shares
Worth C$24.8M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
82.14%
12-Months-Change
Fundamentals
Return on Equity
-125.35%
Trailing 12-Months
Asset Growth
1308.25%
Trailing 12-Months
Company Description
ATEX Resources Inc
ATEX Resources Inc. engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano copper gold project, which is located in the Chile's prolific El Indio Mineral Belt. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc. in February 2019. ATEX Resources Inc. was incorporated in 1981 and is based in Toronto, Canada.
ATX Stock 12 Month Forecast
Average Price Target
C$5.00
▲(41.24% Upside)
Technical Analysis
Options Prices
Currently, No data available
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