Orex Minerals (REX) AI Stock Analysis

• Market Cap: C$4.80M
• Dividend Yield: N/A
• Average Volume (3M): 32.54K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.45
• Revenue Growth: N/A
• EPS Growth: 15.97%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 65
• Industry: Industrial Materials
• EPS (TTM): -0.09
• Shares Outstanding: 34,281,796
• 10 Day Avg. Volume: 82,120
• 30 Day Avg. Volume: 32,542
• PEG Ratio: 0.63
• Price to Book (P/B): 1.26
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -2.30
• 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: 35 Underperform
• Price Target: ―

Orex Minerals' stock faces significant challenges due to poor financial performance, with consistent losses and negative cash flows. The lack of profitability and zero revenue generation are major concerns. However, the positive drilling results offer a glimmer of hope for future growth. Technical indicators show a mixed picture, with short-term trends slightly positive but overall momentum bearish. The negative P/E ratio highlights valuation difficulties. Overall, strategic improvements are necessary to enhance financial health and investor confidence.

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 concessions located in the Mesa Central on the eastern flank of the Sierra Madre Occidental Mountains; the Sandra Escobar silver-gold project situated to the north of the town of Tepehuanes, Durango; and the Jumping Josephine gold project totalling 11,200 hectares located in the West Kootenay region of Southeastern British Columbia. The company was incorporated in 1996 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Orex Minerals generates revenue through the discovery and development of mineral resources, primarily focusing on silver and gold. The company makes money by advancing its exploration projects to a stage where they can attract joint venture partners or be sold to larger mining companies. Orex often enters into strategic partnerships and joint ventures with other mining companies to share costs and risks associated with exploration and development. These partnerships can result in Orex receiving payments, such as cash advances, shares, or royalties, as part of the agreement. Additionally, once a project reaches production, Orex can earn revenue from the sale of extracted minerals. The company's earnings are significantly influenced by factors such as commodity prices, exploration success, and the ability to secure favorable partnership agreements.

Orex Minerals Financial Statement Overview

Summary

Orex Minerals faces significant financial challenges with no revenue generation, consistent losses, and negative cash flows. While the balance sheet is debt-free, the continuous depletion of equity and reliance on external financing for cash flow are major concerns. Strategic adjustments are needed to improve financial health and ensure long-term viability.

Income Statement

Orex Minerals has consistently reported zero revenue over the years, leading to negative gross and net profit margins. The company has incurred consistent losses with a deteriorating trend in EBIT and EBITDA margins, resulting in a weak income statement performance.

Balance Sheet

The balance sheet shows no debt, which is a positive sign, but the absence of revenue generation is concerning. The equity ratio remains healthy, indicating financial stability. However, the declining equity values due to continuous losses suggest potential risks if the trend continues.

Cash Flow

The company reports negative operating and free cash flows, indicating cash outflows exceed inflows. There is a reliance on financing activities to maintain liquidity, which poses a risk to sustainability. The cash flow metrics reflect a challenging cash position with no signs of improvement.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-2.43K	-2.99K	-3.99K	-5.32K	-7.09K	-9.45K
	EBIT
-2.49M	-1.40M	-1.93M	-2.08M	-2.55M	-1.84M
	EBITDA
-2.48M	-1.40M	-1.56M	-1.77M	-2.27M	-2.27M
	Net Income Common Stockholders
-2.45M	-1.87M	-2.33M	-2.32M	-2.54M	-2.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
424.59K	27.91K	1.13M	5.63M	242.38K	999.22K
	Total Assets
3.85M	3.47M	4.61M	8.59M	3.15M	4.27M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-424.59K	-27.91K	-1.13M	-5.63M	-242.38K	-999.22K
	Total Liabilities
504.02K	523.48K	83.42K	66.18K	103.97K	89.22K
	Stockholders Equity
3.35M	2.94M	4.52M	8.52M	3.05M	4.18M
Cash Flow		Free Cash Flow
-1.86M	-1.13M	-1.76M	-2.06M	-1.48M	-1.95M
	Operating Cash Flow
-1.86M	-1.13M	-1.76M	-2.06M	-1.48M	-1.90M
	Investing Cash Flow
0.00	-141.31K	-419.06K	-75.42K	-70.51K	-88.90K
	Financing Cash Flow
2.20M	171.18K	0.00	7.52M	791.67K	791.67K

Orex Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.14
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

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 0.14 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.13, and below the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 74.59 is Negative, neither overbought nor oversold. The STOCH value of 100.67 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:REX.

Orex Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	51 Neutral	$2.04B	-1.15	-21.37%	3.64%	2.88%	-30.57%
SPC	40 Neutral	C$5.79M	―	-175.26%	―	―	67.53%
SKRR	39 Underperform	C$4.89M	―	-10.13%	―	―	89.59%
REX	35 Underperform	C$4.80M	―	-74.41%	―	―	15.97%
MMS	32 Underperform	$2.00M	―	-53.12%	―	―	-2147.62%
STXPF		$3.90M	―	-6.81%	―	―	―
FNICF		$5.47M	―	-4.11%	―	―	―

Orex Minerals Corporate Events

Orex Minerals Reports Promising Drilling Results at Coneto Project

Orex Minerals Inc. announced the completion of Phase-VI diamond drilling on the Coneto Gold-Silver Project, revealing significant gold and silver mineralization in the Loma Verde vein. The drilling results confirm strong continuity of the vein over a 1.2 km strike length, with potential for further depth exploration, enhancing the project’s value and Orex’s position in the precious metals market.