Orex Minerals Inc (TSE:REX)
:REX
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Orex Minerals
(REX)
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Rating:42Neutral
Price Target:
C$0.29
▼(-0.69% Downside)
Action:ReiteratedDate:03/20/26
The score is held down primarily by very weak financial performance (no revenue, ongoing losses, cash burn, and declining equity), partially offset by the absence of debt. Technicals are mixed with near-term weakness and only mild positive momentum, while valuation is constrained by negative earnings and no dividend support.
Positive Factors
No debt on balance sheet
Absence of debt materially lowers bankruptcy risk and interest burden, giving management durable financial flexibility while the company pursues development. For a cash-burning explorer, no leverage preserves runway and reduces fixed obligations, supporting survival through funding cycles.
Negative Factors
No revenue reported
Absent any revenue, the firm lacks operating cash generation and product-market validation. This structural shortfall forces ongoing dependence on external capital to fund operations and development, making long-term viability contingent on successful commercialization or sustained financing.
Read all positive and negative factors
Positive Factors
Negative Factors
No debt on balance sheet
Absence of debt materially lowers bankruptcy risk and interest burden, giving management durable financial flexibility while the company pursues development. For a cash-burning explorer, no leverage preserves runway and reduces fixed obligations, supporting survival through funding cycles.
Read all positive factors
Orex Minerals (REX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$10.69M
Dividend YieldN/A
Average Volume (3M)86.83K
Price to Earnings (P/E)―
Beta (1Y)2.49
Revenue GrowthN/A
EPS Growth-42.55%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding36,220,577
10 Day Avg. Volume56,588
30 Day Avg. Volume86,834
Financial Highlights & Ratios
PEG Ratio-0.11
Price to Book (P/B)1.54
Price to Sales (P/S)0.00
P/FCF Ratio-1.70
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
Orex Minerals Business Overview & Revenue Model
Company Description
Orex Minerals Inc., a mineral exploration company, engages in the acquisition and exploration of mineral properties in Mexico and Canada. It owns interests in the Coneto silver-gold project that covers an area of 16,346 hectares of mineral concess...
How the Company Makes Money
null...
Orex Minerals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
34
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2023 | Apr 2022 | Jul 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.68K | -1.68K | -2.99K | -3.99K | -5.32K | -7.09K |
| EBITDA | -2.03M | -2.56M | -1.40M | -1.77M | -2.03M | -2.49M |
| Net Income | -3.12M | -3.30M | -1.87M | -2.33M | -2.33M | -2.54M |
Balance Sheet | ||||||
| Total Assets | 2.90M | 2.86M | 3.47M | 4.61M | 8.59M | 3.15M |
| Cash, Cash Equivalents and Short-Term Investments | 133.71K | 69.05K | 27.91K | 1.13M | 3.30M | 5.63M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.53M | 524.38K | 523.48K | 83.42K | 66.18K | 103.97K |
| Stockholders Equity | 1.37M | 2.34M | 2.94M | 4.52M | 8.52M | 3.05M |
Cash Flow | ||||||
| Free Cash Flow | -1.02M | -2.11M | -1.13M | -1.76M | -2.06M | -1.48M |
| Operating Cash Flow | -1.02M | -2.11M | -1.13M | -1.76M | -2.06M | -1.48M |
| Investing Cash Flow | -474.70K | -50.00K | -141.31K | -419.06K | -75.42K | -70.51K |
| Financing Cash Flow | 1.16M | 2.20M | 171.18K | 0.00 | 7.52M | 7.52M |
Orex Minerals Technical Analysis
Positive
0.29
Price Trends
0.30
Negative
0.26
Positive
0.22
Positive
Market Momentum
>-0.01
Positive
50.51
Neutral
68.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:REX, the sentiment is Positive. The current price of 0.29 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.30, and above the 200-day MA of 0.22, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.51 is Neutral, neither overbought nor oversold. The STOCH value of 68.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:REX.
Orex 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% | |
60 Neutral | C$21.63M | 3.41 | 14.20% | ― | 16.85% | ― | |
47 Neutral | C$6.55M | -2.54 | 67.36% | ― | ― | ― | |
43 Neutral | C$12.48M | -11.99 | -5.30% | ― | ― | ― | |
42 Neutral | C$10.69M | -2.79 | -133.71% | ― | ― | -42.55% | |
41 Neutral | C$6.67M | -3.66 | -28.23% | ― | ― | -84.65% |
* Basic Materials Sector Average
TSE:REX
Orex Minerals
0.30
0.18
145.83%
TSE:BAD
York Harbour Metals Inc
0.16
0.11
210.00%
TSE:XTM
Transition Metals
0.08
0.03
60.00%
TSE:LMR
Lomiko Metals
0.09
-0.05
-35.71%
TSE:PER
Peruvian Metals
0.16
0.14
675.00%
TSE:GLM
Golden Lake Exploration
0.11
0.07
175.00%
Orex Minerals Corporate Events
Business Operations and StrategyM&A Transactions
Orex Minerals Leans on Silver Viper’s High-Grade La Virginia Results to Underscore Coneto Share-Deal Upside
Positive
Mar 24, 2026
Orex Minerals is spotlighting high-grade drill results reported by Silver Viper Minerals from the La Virginia gold-silver project in Sonora, Mexico, as it advances an all-share sale of its Coneto Silver-Gold Project to Silver Viper. Upon closing, ...
Business Operations and StrategyM&A Transactions
Orex Minerals Sells Coneto Stake to Silver Viper in US$15 Million Share Deal
Positive
Mar 16, 2026
Orex Minerals has agreed to sell its 38.79% interest in the Coneto Silver-Gold Project in Durango, Mexico, to Silver Viper Minerals Corp., alongside partner Fresnillo plc, in an all-share deal valued at US$15 million. The Coneto Project, a histori...
Business Operations and Strategy
Orex Minerals Taps ICP Securities for Automated Market Making to Boost Liquidity
Positive
Mar 10, 2026
Orex Minerals has engaged Toronto-based ICP Securities Inc. to provide automated market making services for its shares, using ICP’s proprietary ICP Premium algorithm under a four-month initial agreement that renews monthly. The move is aimed...
Business Operations and StrategyPrivate Placements and Financing
Orex Minerals Raises $5 Million in Private Placement as Eric Sprott Boosts Stake
Positive
Mar 9, 2026
Orex Minerals Inc. has closed a non-brokered private placement for gross proceeds of $5 million, issuing 30,303,030 units at $0.165 each, with each unit comprising one common share and a warrant exercisable at $0.22 for 24 months, all subject to c...
Private Placements and Financing
Orex Minerals Extends Hold Period and Corrects Terms on Private Placement
Neutral
Feb 20, 2026
Orex Minerals has amended the terms of its previously announced non-brokered private placement, extending the hold period on the securities to 12 months from the date of issuance, significantly longer than the standard four months and one day unde...
Business Operations and StrategyM&A Transactions
Orex Minerals Advances Sale of Coneto Stake to Silver Viper
Positive
Feb 5, 2026
Orex Minerals has confirmed it is moving ahead with the sale of its 38.79% interest in the Coneto Silver-Gold Project in Mexico to Silver Viper Minerals, alongside partner Fresnillo plc, which is divesting its 61.21% stake. Although the parties mi...
Business Operations and StrategyPrivate Placements and Financing
Orex Minerals Launches $5 Million Private Placement to Bolster Working Capital
Positive
Feb 3, 2026
Orex Minerals Inc. has announced plans to raise up to $5 million through a non-brokered private placement of up to 30,303,030 units at $0.165 per unit, each comprising one common share and one two-year warrant exercisable at $0.20. The financing, ...
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.