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AMX

Amex Exploration TSXV:AMX Stock Report

Last Price

CA$2.37

Market Cap

CA$244.7m

7D

-3.7%

1Y

-4.8%

Updated

10 Aug, 2022

Data

Company Financials +
AMX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

AMX Stock Overview

Amex Exploration Inc., a junior mining exploration company, acquires, explores, and develops gold projects in Canada.

Amex Exploration Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Amex Exploration
Historical stock prices
Current Share PriceCA$2.37
52 Week HighCA$3.36
52 Week LowCA$1.45
Beta2.47
1 Month Change52.90%
3 Month Change3.95%
1 Year Change-4.82%
3 Year Change154.84%
5 Year Change2,270.00%
Change since IPO-73.67%

Recent News & Updates

Shareholder Returns

AMXCA Metals and MiningCA Market
7D-3.7%7.6%1.9%
1Y-4.8%-14.4%-1.1%

Return vs Industry: AMX exceeded the Canadian Metals and Mining industry which returned -14.3% over the past year.

Return vs Market: AMX underperformed the Canadian Market which returned -2% over the past year.

Price Volatility

Is AMX's price volatile compared to industry and market?
AMX volatility
AMX Average Weekly Movement10.4%
Metals and Mining Industry Average Movement11.9%
Market Average Movement10.8%
10% most volatile stocks in CA Market19.4%
10% least volatile stocks in CA Market4.3%

Stable Share Price: AMX is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: AMX's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aVictor Cantorehttps://www.amexexploration.com

Amex Exploration Inc., a junior mining exploration company, acquires, explores, and develops gold projects in Canada. Its flagship property is the 100% owned Perron gold project that consists of 117 mining claims covering an area of 4,836 hectares situated in Rouyn-Noranda, Quebec. It also holds interest in Lebel-Sur-Quévillon and Eastmain River projects located in the Abitibi region of Quebec and elsewhere in the province.

Amex Exploration Fundamentals Summary

How do Amex Exploration's earnings and revenue compare to its market cap?
AMX fundamental statistics
Market CapCA$244.69m
Earnings (TTM)-CA$1.20m
Revenue (TTM)n/a

0.0x

P/S Ratio

-204.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMX income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$1.20m
Earnings-CA$1.20m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.012
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did AMX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is AMX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AMX?

Other financial metrics that can be useful for relative valuation.

AMX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDA-55.8x
PEG Ration/a

Price to Book Ratio vs Peers

How does AMX's PB Ratio compare to its peers?

AMX PB Ratio vs Peers
The above table shows the PB ratio for AMX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average9.5x
MND Mandalay Resources
1x5.3%CA$248.1m
SGD Snowline Gold
23.4xn/aCA$275.1m
RGD Reunion Gold
12.5xn/aCA$284.7m
JAG Jaguar Mining
0.9xn/aCA$239.9m
AMX Amex Exploration
2.7x-35.6%CA$244.7m

Price-To-Book vs Peers: AMX is good value based on its Price-To-Book Ratio (2.7x) compared to the peer average (9.5x).


Price to Earnings Ratio vs Industry

How does AMX's PE Ratio compare vs other companies in the CA Metals and Mining Industry?

Price-To-Book vs Industry: AMX is expensive based on its Price-To-Book Ratio (2.7x) compared to the Canadian Metals and Mining industry average (1.6x)


Price to Book Ratio vs Fair Ratio

What is AMX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AMX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.7x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate AMX's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of AMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate AMX's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AMX's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Amex Exploration forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-35.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMX is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: AMX is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: AMX is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if AMX's revenue is forecast to grow faster than the Canadian market.

High Growth Revenue: AMX is forecast to have no revenue next year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if AMX's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Amex Exploration performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMX is currently unprofitable.

Growing Profit Margin: AMX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AMX is unprofitable, but has reduced losses over the past 5 years at a rate of 23.9% per year.

Accelerating Growth: Unable to compare AMX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AMX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-16.2%).


Return on Equity

High ROE: AMX has a negative Return on Equity (-1.3%), as it is currently unprofitable.


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Financial Health

How is Amex Exploration's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AMX's short term assets (CA$47.9M) exceed its short term liabilities (CA$17.5M).

Long Term Liabilities: AMX's short term assets (CA$47.9M) exceed its long term liabilities (CA$5.2M).


Debt to Equity History and Analysis

Debt Level: AMX is debt free.

Reducing Debt: AMX has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if AMX has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if AMX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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Dividend

What is Amex Exploration current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AMX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AMX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AMX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AMX's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AMX has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

4.6yrs

Average management tenure


CEO

Victor Cantore (56 yo)

5.67yrs

Tenure

CA$500,000

Compensation

Mr. Victor Cantore has been a Director at Fairchild Gold Corp. since Fairchild Gold Corp. since May 27, 2020. He serves as Chairman of the Advisory Board at BMEX Gold Inc. He is Executive Chairman at Visio...


CEO Compensation Analysis

Compensation vs Market: Victor's total compensation ($USD391.75K) is below average for companies of similar size in the Canadian market ($USD750.10K).

Compensation vs Earnings: Victor's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: AMX's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: AMX's board of directors are considered experienced (9.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: AMX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.1%.


Top Shareholders

Company Information

Amex Exploration Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Amex Exploration Inc.
  • Ticker: AMX
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Gold
  • Sector: Materials
  • Implied Market Cap: CA$244.686m
  • Shares outstanding: 103.24m
  • Website: https://www.amexexploration.com

Location

  • Amex Exploration Inc.
  • 410, St-Nicolas Street
  • Suite 236
  • Montreal
  • Quebec
  • H2Y 2P5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/10 00:00
End of Day Share Price2022/08/10 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.