Top Page
ATEX Resources Inc
(ATX)
ATEX Resources Inc (ATX) vs. iShares MSCI Canada ETF (EWC)
ATEX Resources Inc Business Overview & Revenue Model
ATEX Resources Inc Financial Statement Overview
| Breakdown | Sep 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -96.16K | -190.27K | -140.67K | -4.13K | 0.00 |
| EBITDA | -68.76M | -26.21M | -29.22M | -10.04M | -815.70K |
| Net Income | -69.54M | -29.46M | -28.94M | -1.97M | -1.01M |
Balance Sheet | |||||
| Total Assets | 52.09M | 9.86M | 17.37M | 27.82M | 3.91M |
| Cash, Cash Equivalents and Short-Term Investments | 16.02M | 5.00M | 13.17M | 15.62M | 166.09K |
| Total Debt | 284.44K | 18.44M | 9.66M | 0.00 | 0.00 |
| Total Liabilities | 10.29M | 21.36M | 11.01M | 195.06K | 90.32K |
| Stockholders Equity | 41.81M | -11.50M | 6.35M | 27.63M | 3.82M |
Cash Flow | |||||
| Free Cash Flow | -74.83M | -23.91M | -23.64M | -1.05M | -3.05M |
| Operating Cash Flow | -44.36M | -23.68M | -22.92M | -456.79K | -567.71K |
| Investing Cash Flow | -31.03M | -105.37K | -2.27M | -8.42M | -2.56M |
| Financing Cash Flow | 85.91M | 15.62M | 22.74M | 24.34M | 2.97M |
ATEX Resources Inc Technical Analysis
ATEX Resources Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
83 Outperform | C$793.22M | 4.86 | 62.95% | 2.78% | 92.67% | 207.16% | |
68 Neutral | C$788.29M | -22.03 | -20.37% | ― | 114.30% | -2606.59% | |
67 Neutral | C$1.18B | 10.62 | 18.62% | ― | 34.05% | 80.47% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | C$791.25M | -28.84 | -8.84% | ― | ― | 54.00% | |
47 Neutral | C$934.56M | -66.86 | -72.54% | ― | ― | -111.48% | |
42 Neutral | C$1.03B | -17.64 | -458.89% | ― | ― | -66.50% |
ATEX Resources Inc Corporate Events
ATEX Resources has reported new drill results from its Phase VI program at the Valeriano copper-gold project, where six diamond rigs have completed most of the current campaign and total drilling is expected to surpass 30,000 meters this season. The results significantly expand the known B2B Zone and associated mineralization to the east, while also extending the mineralized footprint north and southeast.
Key hole ATXD34 intersected 172 meters grading 0.80% copper equivalent within a broader 834-meter interval at 0.66% copper equivalent, roughly 135 meters east of the B2B Zone, indicating a substantial thickening of the mineralized horizon and potential for a new porphyry center. Additional holes ATXD30 and ATXD33 confirmed porphyry-style mineralization and alteration up to 625 meters north and 525 meters southeast of existing zones, demonstrating that the Valeriano system now extends over about 1.8 kilometers and remains open in multiple directions, underscoring its scale and growth potential for stakeholders.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has received approximately $52.5 million from the exercise of 21,057,477 common share purchase warrants priced at $2.50, boosting its cash balance to around $140 million with about 368 million shares outstanding. The company also retains 42.3 million warrants exercisable at $4.00 until 2029, which could add roughly $169 million in future funding to support continued exploration and development of the Valeriano district.
Backed by the stronger balance sheet, ATEX is expanding its Phase VI drill program at Valeriano by about 5,000 metres of low-cost drilling aimed at further delineating the B2B Zone and testing surrounding high-grade breccia targets. With most fixed costs already absorbed, the added metres are expected to be completed at a lower marginal cost, enhancing capital efficiency while supporting mineral resource growth and reinforcing Valeriano’s position as a leading exploration-development project in an emerging Chilean copper district.
The most recent analyst rating on (TSE:ATX) stock is a Buy with a C$5.25 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has strengthened its balance sheet with approximately $52.5 million in proceeds from the full exercise of 21.1 million share purchase warrants, lifting its cash balance to about $140 million and leaving 368 million common shares outstanding. The company also retains a further 42.3 million warrants with a higher exercise price that could provide substantial additional funding to advance the Valeriano district if exercised.
Backed by the new capital, ATEX is expanding its Phase VI drill program at Valeriano by roughly 5,000 metres of low-cost, incremental drilling aimed at delineating the B2B Zone and testing nearby high-grade breccia targets. With most fixed costs already absorbed and 21,000 of the originally planned 25,000 metres completed, the expansion is expected to improve capital efficiency and support continued mineral resource growth at what the company positions as a leading exploration-development asset in an emerging copper district.
The most recent analyst rating on (TSE:ATX) stock is a Buy with a C$5.25 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has reported new high-grade drill results from its Phase VI program at the Valeriano Copper-Gold Project in Chile, extending the B2B Zone’s high-grade core by about 100 meters to the north. The company is operating six diamond rigs and has already completed 80% of its 25,000-meter drilling target, underscoring the project’s scale and momentum.
Hole ATXD32 returned 56 meters at 2.36% copper equivalent within a broader 592-meter interval at 1.04% copper equivalent, while final results from ATXD26B confirmed long high-grade intervals including 186 meters at 2.15% copper equivalent within 887 meters at 1.06% copper equivalent. These results materially expand the B2B Zone both along strike and down dip, and follow-up drilling to the north and south is testing further extensions that could significantly increase the resource potential and enhance Valeriano’s standing among emerging Andean copper-gold projects.
The most recent analyst rating on (TSE:ATX) stock is a Buy with a C$5.25 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has reported new high-grade drill results from its Phase VI program at the Valeriano copper-gold project in Chile, extending the high-grade B2B breccia zone by about 100 meters to the north. Hole ATXD32 returned 56 meters at 2.36% copper equivalent within 592 meters at 1.04% copper equivalent, while final results from ATXD26B confirmed long, high-grade intervals that extend the B2B Zone 100 meters down dip and increase grades relative to prior estimates.
The company now has six diamond drill rigs turning and has completed roughly 80% of its 25,000-meter Phase VI program, which is running ahead of schedule despite slower assay turnaround times. Follow-up drilling to both the north and south, including work in an area of roughly 350 by 200 meters that remains largely untested above the porphyry, is aimed at further expanding the B2B Zone, underscoring the zone’s potential to significantly grow the high-grade core of Valeriano for stakeholders.
The most recent analyst rating on (TSE:ATX) stock is a Buy with a C$5.25 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has appointed Myrzah Bello as Vice President, People, Health and Safety, tasking her with strengthening organizational culture, enhancing employee experience, and ensuring compliance with regulatory and ethical standards. The company has granted her 250,000 stock options vesting over three years, signaling a long-term commitment to building its leadership team as it advances the Valeriano Copper-Gold Project in a highly competitive and strategically important copper-gold district.
Bello brings over 20 years of experience in people, health and safety, culture, and governance across complex, highly regulated sectors such as mining and infrastructure. Her track record in improving safety performance, managing risk, and aligning people strategy with business objectives is expected to support ATEX’s growth, talent development, and stakeholder relationships as it seeks to advance its flagship Chilean asset.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources Inc. has appointed board member Chris Beer as interim president and CEO following the departure of Ben Pullinger for personal reasons, and has launched a search for a permanent chief executive. The board credited Pullinger with transforming ATEX from a modest junior explorer into the owner and developer of one of Chile’s most significant emerging copper-gold assets at Valeriano, driving the company’s market capitalization above $1.3 billion in under four years, while Beer signalled a focus on maintaining project momentum, supporting the technical team in Chile and Canada, and ensuring leadership continuity during the transition.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has appointed board member Chris Beer as interim president and chief executive officer following the resignation of CEO Ben Pullinger for personal reasons, and the board has launched a search for a permanent successor. Beer, a seasoned mining and capital markets executive, will focus on maintaining momentum at the flagship Valeriano Copper-Gold Project and ensuring continuity during the leadership transition, while Pullinger, credited with transforming ATEX into a billion-dollar company and advancing Valeriano into a leading global copper-gold project, will stay on for 90 days to support an orderly handover.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has expanded its exploration footprint around the Valeriano project in Chile by more than 50% to roughly 25,000 hectares through the consolidation of the Nuevo Horizonte claims, acquired via staking and public auction. The new 8,600-hectare package hosts two previously identified porphyry targets, Pachuy and Chollay, which display structural, alteration and mineralization features similar to Valeriano, including large surface alteration footprints and historical drilling at Pachuy that intersected porphyry mineralization within 350 meters of surface. With geophysical surveys now underway and near-term exploration plans being evaluated, ATEX has effectively consolidated a district-scale trend with potential for multiple porphyry deposits within about 10 kilometers, reinforcing its position in a highly prospective copper-gold district and creating additional discovery upside to be advanced from its existing Valeriano camp and infrastructure.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources has triggered the acceleration clause on 21,057,477 common share purchase warrants issued in November 2024, after its shares traded above the required C$3.00 volume-weighted average price threshold for 20 consecutive trading days on the TSX Venture Exchange. Warrant holders now have until February 20, 2026, to exercise at C$2.50 per share, after which any unexercised warrants will be cancelled, potentially generating gross proceeds of approximately C$52.6 million that could bolster the company’s financial flexibility as it advances its Valeriano copper-gold project in Chile’s emerging Link Belt district.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$4.00 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.
ATEX Resources reported a significant expansion in both thickness and grade of high-grade mineralization at the B2B breccia zone within its Valeriano Copper-Gold Project, based on additional assays from Phase VI drill hole ATXD26B. The latest results show 186 metres grading 2.13% copper equivalent, including 88 metres at 2.70% copper equivalent, within a broader 448-metre interval at 1.50% copper equivalent, and extend the known limits of the B2B Zone by 100 metres down dip, defining a high-grade zone roughly 400 metres in strike, up to 200 metres in width and 500–600 metres in vertical extent. With six diamond drill rigs active and more than half of the planned 25,000 metres already drilled, the new data underscores the continuity and growth potential of the high-grade system and could support future resource expansion at Valeriano, with approximately 400 metres of assays from ATXD26B still pending.
The most recent analyst rating on (TSE:ATX) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on ATEX Resources Inc stock, see the TSE:ATX Stock Forecast page.