Almadex Minerals (DEX) AI Stock Analysis

• Market Cap: C$23.37M
• Dividend Yield: N/A
• Average Volume (3M): 39.52K
• Price to Earnings (P/E): 10.3
• Beta (1Y): 0.90
• Revenue Growth: -100.00%
• EPS Growth: N/A
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 61,007,942
• 10 Day Avg. Volume: 34,377
• 30 Day Avg. Volume: 39,524
• PEG Ratio: 0.68
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -26.48
• 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

• Rating: 58 Neutral
• Price Target: ―

Almadex Minerals' stock score is primarily impacted by financial instability, highlighted by declining revenues and negative cash flows. The strong balance sheet and favorable valuation due to a low P/E ratio provide some support. While technical indicators show moderate strength, the stock's future performance is contingent on overcoming financial challenges and capitalizing on recent exploration successes.

Almadex Minerals Business Overview & Revenue Model

Company Description

Almadex Minerals (DEX) is a mineral exploration company focused on the discovery and development of mineral resources, primarily in North America. The company operates within the mining sector, specializing in the exploration of precious metals such as gold, silver, and copper. Almadex Minerals leverages its strong portfolio of exploration properties and strategic alliances to uncover valuable mineral deposits, aiming to advance these discoveries into economically viable mining projects.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	44.95K	647.51K	6.92M	3.79M	455.14K
Gross Profit	-119.00K	297.69K	6.66M	2.72M	212.26K
EBITDA	-2.07M	-2.96M	2.58M	-424.00K	-456.00K
Net Income	2.00M	-2.94M	3.22M	12.04M	-7.57M
Balance Sheet
Total Assets	28.20M	26.39M	28.44M	25.92M	12.18M
Cash, Cash Equivalents and Short-Term Investments	13.94M	17.32M	19.48M	19.05M	6.48M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	395.42K	590.34K	443.57K	1.19M	102.47K
Stockholders Equity	27.80M	25.80M	28.00M	24.73M	12.07M
Cash Flow
Free Cash Flow	-469.00K	-2.13M	1.18M	-754.11K	-1.19M
Operating Cash Flow	-360.00K	-873.50K	3.36M	222.52K	-744.75K
Investing Cash Flow	-2.97M	-1.26M	-2.17M	11.79M	-414.19K
Financing Cash Flow	0.00	-41.75K	-10.13K	0.00	1.32M

Almadex Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.35 is above the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.34, and above the 200-day MA of 0.23, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.38 is Neutral, neither overbought nor oversold. The STOCH value of 92.59 is Negative, 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
DEX	58 Neutral	C$23.37M	10.32	8.28%	―	-100.00%	―
Sector *	44 Neutral	C$992.55M	-6.64	-13.73%	1.83%	17.55%	-32.57%
NVO	41 Neutral	C$35.46M	―	-25.75%	―	―	―
VRR	35 Underperform	$3.34M	―	-102.06%	―	―	8.65%

Almadex Minerals Corporate Events

Almadex Minerals Enters Joint Venture with Azucar Minerals for Nevada Projects

Almadex Minerals Ltd. has entered into an Option-Joint Venture agreement with Azucar Minerals Ltd., allowing Azucar to acquire a 60% interest in three of Almadex’s Nevada properties: Pilot, Confusion Hills, and Red Ring. This agreement outlines specific cash payments and exploration commitments, including significant drilling activities, aimed at advancing these mineral prospects. The partnership is expected to enhance Almadex’s project portfolio and potentially increase its market positioning in the mineral exploration industry.

Spark’s Take on TSE:DEX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEX is a Neutral.

Almadex Minerals faces significant financial challenges with declining revenues and negative profitability, which weigh heavily on the stock’s score. The strong balance sheet and cash reserves provide some stability, but negative cash flows highlight liquidity concerns. Technical indicators suggest moderate strength, but valuation is unattractive with a negative P/E ratio. The potential for enhanced resource base through exploration is a positive yet secondary factor.

To see Spark’s full report on TSE:DEX stock, click here.

Almadex Minerals Identifies Promising Anomaly at New Hope Project

Almadex Minerals has identified a significant geophysical anomaly at its New Hope copper porphyry project in Arizona, suggesting potential for a copper porphyry system at depth. The discovery, based on recent IP chargeability and resistivity surveys, aligns with surface mapping results and encourages further exploration, including a planned drilling program. This advancement strengthens Almadex’s position in the mining industry, particularly in the copper sector, and could have implications for stakeholders if a viable mineral deposit is confirmed.

Spark’s Take on TSE:DEX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEX is a Neutral.

Almadex Minerals faces significant financial challenges with declining revenues and negative profitability, which weigh heavily on the stock’s score. The strong balance sheet and cash reserves provide some stability, but negative cash flows highlight liquidity concerns. Technical indicators suggest moderate strength, but valuation is unattractive with a negative P/E ratio. The potential for enhanced resource base through exploration is a positive yet secondary factor.

To see Spark’s full report on TSE:DEX stock, click here.

Almadex Minerals Advances Nevada Gold Projects with Promising Exploration Results

Almadex Minerals Ltd. has announced promising results from its surface exploration work on the Confusion Hills and Red Ring gold projects in Nevada. The Confusion Hills project has revealed significant gold samples and defined a drill target, while the Red Ring project requires further exploration to define its potential. These projects are part of Almadex’s new U.S. exploration portfolio, which the company is advancing with plans for drilling in the near future.

Spark’s Take on TSE:DEX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEX is a Neutral.

Almadex Minerals faces significant financial challenges with declining revenues and negative profitability, which weigh heavily on the stock’s score. The strong balance sheet and cash reserves provide some stability, but negative cash flows highlight liquidity concerns. Technical indicators suggest moderate strength, but valuation is unattractive with a negative P/E ratio. The potential for enhanced resource base through exploration is a positive yet secondary factor.

To see Spark’s full report on TSE:DEX stock, click here.

Almadex Minerals Expands Exploration Portfolio with New Gold-Silver Projects

Almadex Minerals Ltd. has acquired three new gold-silver exploration projects in Nevada and New Mexico, with promising preliminary results. The Big Sky project in New Mexico showed encouraging gold results, while the Bald Valley and White Plains projects in Nevada revealed potential for concealed mineralization. These acquisitions align with Almadex’s regional exploration strategy and could enhance its industry positioning by expanding its project portfolio.

Spark’s Take on TSE:DEX Stock

According to Spark, TipRanks’ AI Analyst, TSE:DEX is a Neutral.

Almadex Minerals faces significant financial challenges with declining revenues and negative profitability, which weigh heavily on the stock’s score. The strong balance sheet and cash reserves provide some stability, but negative cash flows highlight liquidity concerns. Technical indicators suggest moderate strength, but valuation is unattractive with a negative P/E ratio. The potential for enhanced resource base through exploration is a positive yet secondary factor.

To see Spark’s full report on TSE:DEX stock, click here.

Almadex Files Arbitration Claim Against Mexico Over Ixtaca Project

Almadex Minerals Ltd. has filed a memorial submission for an international arbitration claim against Mexico under the CPTPP, following Mexico’s actions that led to the loss of the Ixtaca precious metals project. The claim, pursued with Almaden Minerals Ltd., seeks US$1.06 billion in damages, alleging unlawful expropriation and discrimination by Mexico. The arbitration is managed under a Litigation Management Agreement, with Almaden bearing initial costs and securing funding for the proceedings.