Almadex Minerals (DEX) AI Stock Analysis

• Market Cap: C$34.26M
• Dividend Yield: N/A
• Average Volume (3M): 47.77K
• Price to Earnings (P/E): 23.4
• Beta (1Y): 1.67
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): 0.02
• Shares Outstanding: 61,182,114
• 10 Day Avg. Volume: 26,810
• 30 Day Avg. Volume: 47,769
• PEG Ratio: -0.03
• Price to Book (P/B): 0.36
• Price to Sales (P/S): 223.97
• P/FCF Ratio: -21.46
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 59 Neutral
• Price Target: C$0.63 ▲(16.11% Upside)

The score is held back mainly by weak and inconsistent operating cash flow and volatile earnings quality, despite a very strong, debt-free balance sheet. Technicals are constructive with price above key moving averages and positive MACD, while valuation is only average given a ~22 P/E and no dividend. Recent corporate actions (drilling, portfolio positioning, and a new project acquisition) add positive optionality but are not yet reflected in operating cash generation.

Almadex Minerals Business Overview & Revenue Model

Company Description

Almadex Minerals Ltd. engages in the acquisition and exploration of mineral resource properties. The company primarily explores for gold, silver, copper, and molybdenum deposits. It holds interest in various exploration projects located in Canada, the United States, and Mexico. The company was formerly known as 1154229 B.C. Ltd. and changed its name to Almadex Minerals Ltd. in May 2018. Almadex Minerals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Almadex Minerals generates revenue primarily through the discovery, development, and potential sale or joint venture of its mineral exploration properties. The company invests in early-stage exploration to identify promising mineral deposits, which can then be monetized through various means. These include selling stakes in the properties to larger mining companies, partnering with other firms for joint exploration and development projects, or advancing the properties to a stage where they can be sold or leased. Additionally, Almadex may earn royalties from properties it has previously sold or optioned out, providing a recurring revenue stream. The company's earnings are influenced by factors such as commodity prices, exploration success, and strategic partnerships with other mining entities.

Almadex Minerals Financial Statement Overview

Summary

Almadex Minerals faces financial challenges with declining revenues and unprofitability. The income statement reflects weak financial performance with negative margins. The balance sheet is strong due to zero debt and high equity, but cash flow is negative, indicating potential liquidity issues.

Income Statement

The company has experienced a significant decline in total revenue over the TTM, with a negative gross profit margin. The net profit margin is also negative, indicating unprofitable operations. However, there was a strong revenue growth in 2022, followed by a sharp decline in 2023. Overall, the income statement reflects a challenging financial performance with little indication of immediate recovery.

Balance Sheet

The balance sheet is strong with no debt, resulting in a favorable debt-to-equity ratio. The company maintains a high equity ratio, indicating strong financial stability. Stockholders' equity remains high relative to total assets, though there has been a slight decrease. While equity levels are robust, the consistent financial losses may pose a risk over time.

Cash Flow

The cash flow statement shows negative operating cash flow and free cash flow in the TTM, reflecting cash outflows that could pressure liquidity. However, the company has maintained substantial cash reserves, which is a positive indicator. The free cash flow growth rate has been volatile, with significant declines in recent periods.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	178.79K	44.95K	647.51K	6.92M	3.79M	455.14K
Gross Profit	-25.66K	-163.50K	297.69K	6.66M	2.72M	212.26K
EBITDA	-1.05M	1.99M	-2.96M	2.58M	-424.00K	-456.00K
Net Income	1.47M	2.00M	-2.94M	3.22M	12.04M	-7.57M
Balance Sheet
Total Assets	28.49M	28.20M	26.39M	28.44M	25.92M	12.18M
Cash, Cash Equivalents and Short-Term Investments	19.94M	13.94M	17.32M	19.48M	19.05M	6.48M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	321.79K	395.42K	590.34K	443.57K	1.19M	102.47K
Stockholders Equity	28.17M	27.80M	25.80M	28.00M	24.73M	12.07M
Cash Flow
Free Cash Flow	-1.28M	-469.00K	-2.13M	1.18M	-754.11K	-1.19M
Operating Cash Flow	-1.19M	-360.00K	-873.50K	3.36M	222.52K	-744.75K
Investing Cash Flow	-3.40M	-2.97M	-1.26M	-2.17M	11.79M	-414.19K
Financing Cash Flow	-40.79K	0.00	-41.75K	-10.13K	0.00	1.32M

Almadex Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.54
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEX, the sentiment is Positive. The current price of 0.54 is below the 20-day moving average (MA) of 0.55, above the 50-day MA of 0.49, and above the 200-day MA of 0.42, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 56.19 is Neutral, neither overbought nor oversold. The STOCH value of 64.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:DEX.

Almadex Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
DEX	59 Neutral	C$34.26M	23.44	5.20%	―	―	―
JG	50 Neutral	C$35.09M	-5.58	-22.31%	―	―	-70.25%
KALO	49 Neutral	C$33.41M	-3.52	-201.31%	―	―	-58.16%
BAU	48 Neutral	C$36.30M	-3.08	-44.14%	―	―	-268.72%
USGD	48 Neutral	C$53.68M	70.59	1.86%	―	―	―
VLC	48 Neutral	C$36.49M	-17.48	-6.83%	―	―	―

Almadex Minerals Corporate Events

Almadex Minerals Launches Drilling at Arizona Copper-Gold Prospect

Almadex Minerals Ltd. has commenced a diamond drilling program at its New Hope copper-gold porphyry prospect in Arizona, with initial results expected after the Christmas break. The company has also granted stock options to a director, reflecting its ongoing strategic initiatives to enhance shareholder value.

Almadex Minerals to Initiate Drilling at New Hope Project in Arizona

Almadex Minerals Ltd. announced plans to commence drilling at the New Hope porphyry copper-gold project in Arizona, following a pause in their Paradise Project in Nevada due to challenging drilling conditions. The company aims to systematically test its early-stage projects with scout drilling to identify promising targets for further exploration. The results from the Paradise Project suggest the presence of a large porphyry system, although the core has not yet been reached. The company plans to review the data and conduct petrographic analysis before deciding on future drilling efforts in 2026.

Almadex Minerals Unveils Strategic Mining Royalty Portfolio

Almadex Minerals Ltd. has announced a comprehensive overview of its diversified portfolio of royalties on precious and base metal projects throughout North America. The company’s strategic portfolio includes numerous net smelter return royalties ranging from 0.5% to 2.0% across Canada, the United States, and Mexico, reflecting over two decades of exploration success. These royalties provide Almadex with leverage to a wide range of projects at various stages, enhancing its industry positioning and offering potential benefits to stakeholders through exposure to future discoveries and production.