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Almadex Minerals
(DEX)
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Rating:48Neutral
Price Target:
C$0.40
▼(-26.67% Downside)
Action:Reiterated
Date:05/28/26
The score is held back primarily by weak operating fundamentals and negative operating/free cash flow despite a strong, debt-free balance sheet. Technicals are also soft with the stock trading below key moving averages and negative MACD. Valuation is a partial offset with a relatively low P/E, but there is no dividend support.
Positive Factors
Debt-free balance sheet
A zero-debt, equity-heavy balance sheet gives Almadex durable financial flexibility to fund exploration cycles, absorb setbacks, and negotiate partnerships without immediate refinancing pressure. This lowers insolvency risk and extends runway for value-creating drill programs.
Negative Factors
Negative operating cash flow
Sustained negative operating cash flow and negative free cash flow raise funding and dilution risk for an exploration company reliant on financings. Over months this constrains the pace of drilling and property work unless partner-funded, creating execution risk for advancing targets.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A zero-debt, equity-heavy balance sheet gives Almadex durable financial flexibility to fund exploration cycles, absorb setbacks, and negotiate partnerships without immediate refinancing pressure. This lowers insolvency risk and extends runway for value-creating drill programs.
Read all positive factors
Almadex Minerals (DEX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$24.52M
Dividend YieldN/A
Average Volume (3M)47.77K
Price to Earnings (P/E)22.8
Beta (1Y)1.69
Revenue GrowthN/A
EPS Growth-53.91%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)0.02
Shares Outstanding61,310,898
10 Day Avg. Volume26,810
30 Day Avg. Volume47,769
Financial Highlights & Ratios
PEG Ratio-0.72
Price to Book (P/B)1.21
Price to Sales (P/S)47.99
P/FCF Ratio-16.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Almadex Minerals Business Overview & Revenue Model
Company Description
Almadex Minerals Ltd. specializes in identifying, acquiring, and exploring sites that contain valuable mineral resources. The company's primary focus lies in the discovery of deposits rich in gold, silver, copper, and molybdenum. Almadex holds sta...
How the Company Makes Money
Almadex Minerals generally aims to create value through mineral exploration and the advancement of early-stage projects rather than through operating mines. To the extent information is publicly available at a high level, the company can generate ...
Almadex Minerals Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
27
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 725.28K | 44.95K | 647.51K | 6.92M | 3.79M |
| Gross Profit | -552.15K | -163.50K | 297.69K | 6.66M | 2.72M |
| EBITDA | -2.31M | 1.99M | -2.96M | 2.58M | -424.00K |
| Net Income | 806.21K | 2.00M | -2.94M | 3.22M | 12.04M |
Balance Sheet | |||||
| Total Assets | 29.13M | 28.20M | 26.39M | 28.44M | 25.92M |
| Cash, Cash Equivalents and Short-Term Investments | 20.07M | 13.94M | 17.32M | 19.48M | 19.05M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 444.41K | 395.42K | 590.34K | 443.57K | 1.19M |
| Stockholders Equity | 28.69M | 27.80M | 25.80M | 28.00M | 24.73M |
Cash Flow | |||||
| Free Cash Flow | -2.15M | -469.00K | -2.13M | 1.18M | -754.11K |
| Operating Cash Flow | -2.11M | -360.00K | -873.50K | 3.36M | 222.52K |
| Investing Cash Flow | -3.21M | -2.97M | -1.26M | -2.17M | 11.79M |
| Financing Cash Flow | -40.79K | 0.00 | -41.75K | -10.13K | 0.00 |
Almadex Minerals Technical Analysis
Negative
0.54
Price Trends
0.46
Negative
0.52
Negative
0.53
Negative
Market Momentum
-0.02
Positive
36.14
Neutral
17.04
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DEX, the sentiment is Negative. The current price of 0.54 is above the 20-day moving average (MA) of 0.44, above the 50-day MA of 0.46, and above the 200-day MA of 0.53, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 36.14 is Neutral, neither overbought nor oversold. The STOCH value of 17.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DEX.
Almadex Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | C$37.84M | -14.92 | -9.10% | ― | ― | -53.09% | |
48 Neutral | C$24.52M | 22.81 | 5.28% | ― | ― | -53.91% | |
48 Neutral | C$41.03M | -2.11 | -46.34% | ― | ― | -926.97% | |
45 Neutral | C$28.59M | -6.51 | -22.31% | ― | ― | 17.98% | |
44 Neutral | C$20.02M | -1.51 | -446.15% | ― | ― | -148.89% | |
43 Neutral | C$36.97M | -5.43 | -44.14% | ― | ― | 46.91% |
* Basic Materials Sector Average
TSE:DEX
Almadex Minerals
0.40
0.09
26.98%
TSE:JG
Japan Gold
0.09
>-0.01
-7.00%
TSE:BAU
Blue Star Gold Corp
0.21
0.07
50.00%
TSE:USGD
American Pacific Mining
0.16
-0.05
-25.12%
TSE:VLC
Velocity Minerals
0.19
>-0.01
-2.63%
TSE:KALO
Kalo Gold Holdings
0.17
-0.15
-46.88%
Almadex Minerals Corporate Events
Business Operations and Strategy
Almadex Confirms Large Alteration System at New Hope as U.S. Exploration Ramps Up
Positive
Apr 1, 2026
Almadex Minerals reported progress across its U.S. exploration portfolio, highlighting initial drilling at the New Hope porphyry copper-gold project in Arizona, where the first hole confirmed a large porphyry alteration system despite no significa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.