TSXV:AMX

Stock Analysis Report

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Market Cap

CA$229.9m

Last Updated

2021/06/13 13:37 UTC

Data Sources

Company Financials

Executive Summary

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


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

How has Amex Exploration's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMX is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: AMX's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0%

AMX

0.1%

CA Metals and Mining

0.4%

CA Market


1 Year Return

74.0%

AMX

27.9%

CA Metals and Mining

37.2%

CA Market

Return vs Industry: AMX exceeded the Canadian Metals and Mining industry which returned 27.4% over the past year.

Return vs Market: AMX exceeded the Canadian Market which returned 37% over the past year.


Shareholder returns

AMXIndustryMarket
7 Day0%0.1%0.4%
30 Day-3.0%4.1%4.7%
90 Day-7.1%11.6%6.1%
1 Year74.0%74.0%29.3%27.9%41.6%37.2%
3 Year3,162.5%3,162.5%59.5%55.8%32.5%20.0%
5 Year944.0%944.0%52.5%47.5%62.7%38.3%

Long-Term Price Volatility Vs. Market

How volatile is Amex Exploration's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Amex Exploration undervalued compared to its fair value and its price relative to the market?

6098.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AMX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate AMX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: AMX is poor value based on its PE Ratio (6098.1x) compared to the Canadian Metals and Mining industry average (16.1x).

PE vs Market: AMX is poor value based on its PE Ratio (6098.1x) compared to the Canadian market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AMX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AMX is overvalued based on its PB Ratio (4.6x) compared to the CA Metals and Mining industry average (3.1x).


Future Growth

How is Amex Exploration forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Amex Exploration has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Amex Exploration performed over the past 5 years?

-26.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMX has a high level of non-cash earnings.

Growing Profit Margin: AMX became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AMX has become profitable over the past 5 years, growing earnings by -26.8% per year.

Accelerating Growth: AMX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AMX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (214.7%).


Return on Equity

High ROE: AMX's Return on Equity (0.07%) is considered low.


Financial Health

How is Amex Exploration's financial position?


Financial Position Analysis

Short Term Liabilities: AMX's short term assets (CA$27.0M) exceed its short term liabilities (CA$9.9M).

Long Term Liabilities: AMX's short term assets (CA$27.0M) exceed its long term liabilities (CA$409.6K).


Debt to Equity History and Analysis

Debt Level: AMX is debt free.

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

Debt Coverage: AMX has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AMX has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AMX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Victor Cantore (54 yo)

4.5yrs

Tenure

CA$509,999

Compensation

Mr. Victor Cantore serves as Chairman of the Advisory Board at BMEX Gold Inc. He is Executive Chairman at Vision Lithium Inc and its Director since May 11, 2017. He has been the President and CEO of Bay Ca...


CEO Compensation Analysis

Compensation vs Market: Victor's total compensation ($USD419.44K) is about average for companies of similar size in the Canadian market ($USD439.05K).

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 (3.4 years average tenure).


Board Members

Experienced Board: AMX's board of directors are considered experienced (7.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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 25.4%.


Top Shareholders

Company Information

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


Key Information

  • Name: Amex Exploration Inc.
  • Ticker: AMX
  • Exchange: TSXV
  • Founded: NaN
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$229.941m
  • Shares outstanding: 88.10m
  • Website: https://www.amexexploration.com

Location

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

Listings


Biography

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 116 mining...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/13 13:37
End of Day Share Price2021/06/11 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.