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Metalex Ventures (TSE:MTX)
:MTX
Canadian Market

Metalex Ventures (MTX) AI Stock Analysis

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Metalex Ventures

(MTX)

Rating:46Neutral
Price Target:
Metalex Ventures scores 46, primarily driven by financial weaknesses such as persistent revenue generation issues and negative cash flows. The technical analysis suggests a neutral market sentiment with no strong price trends, and the valuation reflects moderate pricing with no dividends. The stability provided by a strong equity position and absence of debt is overshadowed by operational inefficiencies and liquidity concerns.

Metalex Ventures (MTX) vs. iShares MSCI Canada ETF (EWC)

Metalex Ventures Business Overview & Revenue Model

Company DescriptionMetalex Ventures Ltd., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties primarily in Canada. The company primarily explores for kimberlite hosted diamond deposits. Its principal projects are the Kyle Lake and Attawapiskat projects located in Northern Ontario; and the Wemindji James Bay project in Quebec. Metalex Ventures Ltd. is headquartered in Kelowna, Canada.
How the Company Makes MoneyMetalex Ventures makes money through the exploration and development of mineral properties, primarily focusing on diamonds and other precious and base metals. The company generates revenue by identifying and acquiring promising mineral assets, conducting exploration activities, and enhancing the value of these properties through detailed geological assessments and drilling programs. Revenue is primarily earned through the sale of mineral rights or the development of joint ventures with larger mining companies that have the capacity to bring the discovered deposits into production. Additionally, Metalex Ventures may earn income by licensing its exploration data or technologies to other companies in the mining sector. Strategic partnerships with established mining firms or financial investors can also provide funding and expertise, facilitating the advancement of projects and contributing to revenue generation.

Metalex Ventures Financial Statement Overview

Summary
Metalex Ventures exhibits a mixed financial profile with persistent revenue generation issues and operational inefficiencies. Although the company has a strong equity position and no debt, providing some financial stability, the negative cash flows and reliance on financing for liquidity highlight significant challenges. Improving revenue streams and operational efficiency remain critical for future financial stability.
Income Statement
30
Negative
Metalex Ventures reported no revenue consistently over the years, indicating potential challenges in generating income. EBIT and EBITDA margins are negative, reflecting operating losses and efficiency issues. The net income has fluctuated, showing some improvement in the TTM period but still indicating instability in earnings.
Balance Sheet
55
Neutral
The company maintains a solid equity position with no debt, resulting in a strong equity ratio. However, the fluctuating net income and historical losses have impacted return on equity, which remains volatile. The absence of debt suggests lower leverage risks, providing some balance sheet stability.
Cash Flow
40
Negative
Cash flows are predominantly negative, with the company relying on financing activities for liquidity. The operating cash flow to net income ratio suggests operational inefficiencies. The free cash flow remains negative, indicating cash outflows exceed cash generation, presenting ongoing liquidity concerns.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.00-344.00-458.00-1.72K-1.39K-1.27K
EBIT
-781.37K-3.04M-1.38M-5.00M-1.26M-1.92M
EBITDA
-921.63K-3.04M-1.33M-1.81M-1.12M-511.82K
Net Income Common Stockholders
374.45K-2.57M-1.22M1.59M-1.01M884.62K
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.59M422.11K2.32M739.73K2.26M275.85K
Total Assets
7.74M6.58M8.42M6.79M5.62M3.11M
Total Debt
0.000.000.000.000.000.00
Net Debt
-1.59M-422.11K-2.32M-739.73K-2.26M-275.85K
Total Liabilities
2.80M2.40M2.11M1.61M2.03M4.03M
Stockholders Equity
4.94M4.18M6.31M5.19M3.58M-928.06K
Cash FlowFree Cash Flow
-480.29K-2.39M-520.27K-1.80M-903.90K-130.41K
Operating Cash Flow
-480.29K-2.39M-520.27K-1.78M-889.32K-126.60K
Investing Cash Flow
0.000.000.00251.07K-14.58K-3.81K
Financing Cash Flow
962.80K488.12K2.10M0.002.89M0.00

Metalex Ventures Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.02
Price Trends
50DMA
0.02
Negative
100DMA
0.02
Negative
200DMA
0.02
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
49.53
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MTX, the sentiment is Neutral. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.53 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MTX.

Metalex Ventures Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
$4.50B12.295.40%248.66%4.13%-12.33%
TSMTX
46
Neutral
C$5.53M12.507.51%
TSSNG
43
Neutral
C$8.83M-51.14%-302.83%
TSTUF
36
Underperform
C$9.86M-8162.61%8.70%
$6.08M
$5.60M5.44-20.91%
TSCAM
C$11.34M-265.29%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MTX
Metalex Ventures
0.02
0.00
0.00%
TSE:SNG
Silver Range Resources
0.09
0.00
0.00%
TSE:TUF
Honey Badger Exploration
0.14
0.03
27.27%
FPVTF
Golden Pursuit Resources
0.16
0.00
0.00%
LECRF
Leocor Gold
0.05
0.00
0.00%
TSE:CAM
Cascadia Minerals Ltd
0.16
-0.25
-60.98%

Metalex Ventures Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Metalex Ventures Issues Deferred Share Units to Directors
Neutral
Feb 25, 2025

Metalex Ventures Ltd. has announced the issuance of 300,000 deferred share units (DSUs) to two independent directors as compensation for services rendered in the quarter ending January 31, 2025. This move, under the company’s Deferred Share Unit Plan, reflects Metalex’s strategy to align director compensation with company performance, potentially impacting its governance and financial planning.

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.