TSXV:DEX

Stock Analysis Report

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Executive Summary

Almadex Minerals Ltd., an exploration company, engages in the discovery of mineral prospects.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Almadex Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: DEX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.9%

DEX

-3.1%

CA Metals and Mining

1.3%

CA Market


1 Year Return

-20.3%

DEX

46.3%

CA Metals and Mining

-13.7%

CA Market

Return vs Industry: DEX underperformed the Canadian Metals and Mining industry which returned 46.3% over the past year.

Return vs Market: DEX underperformed the Canadian Market which returned -13.7% over the past year.


Shareholder returns

DEXIndustryMarket
7 Day11.9%-3.1%1.3%
30 Day23.7%5.6%4.2%
90 Day6.8%21.0%-13.6%
1 Year-20.3%-20.3%47.4%46.3%-10.7%-13.7%
3 Yearn/a24.3%22.1%-1.1%-10.3%
5 Yearn/a60.6%56.0%13.4%-3.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Almadex Minerals undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: DEX is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.

PE vs Market: DEX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: DEX is good value based on its PB Ratio (0.7x) compared to the CA Metals and Mining industry average (1.7x).


Next Steps

Future Growth

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

23.3%

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 Almadex Minerals 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.


Next Steps

Past Performance

How has Almadex Minerals performed over the past 5 years?

-18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DEX is currently unprofitable.

Growing Profit Margin: DEX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: DEX is unprofitable, and losses have increased over the past 5 years at a rate of -18% per year.

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

Earnings vs Industry: DEX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (16.1%).


Return on Equity

High ROE: DEX has a negative Return on Equity (-5.96%), as it is currently unprofitable.


Next Steps

Financial Health

How is Almadex Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: DEX's short term assets (CA$6.3M) exceed its short term liabilities (CA$141.5K).

Long Term Liabilities: DEX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: DEX is debt free.

Reducing Debt: DEX 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: DEX has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: DEX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.5% each year


Next Steps

Dividend

What is Almadex Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate DEX'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 DEX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DEX'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 DEX'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?

2.3yrs

Average board tenure


CEO

Morgan Poliquin (47yo)

no data

Tenure

CA$75,927

Compensation

Dr. Morgan James Poliquin, M.Sc., Ph.D., P.Eng., serves as the Chief Executive Officer and President of Azucar Minerals Ltd. (formerly known as Almadex Minerals Limited) and has been its Director since Apr ...


CEO Compensation Analysis

Compensation vs Market: Morgan's total compensation ($USD55.00K) is below average for companies of similar size in the Canadian market ($USD155.71K).

Compensation vs Earnings: Insufficient data to compare Morgan's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
James Poliquin
Founder & Chairmanno dataCA$35.41k2.98% CA$386.3k
Morgan Poliquin
CEO, President & Directorno dataCA$75.93k3.16% CA$409.8k
Douglas McDonald
VP of Corporate Development & Director2.25yrsCA$42.83k0.52% CA$66.8k
Mark Brown
Independent Director2.25yrsno data0.11% CA$14.1k
John McCleary
Independent Director2.25yrsno data0.82% CA$106.8k
Lawrence Segerstrom
Independent Director2.25yrsno data0.16% CA$21.2k
William Worrall
Independent Director2.25yrsno data0.41% CA$53.5k

2.3yrs

Average Tenure

64yo

Average Age

Experienced Board: DEX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

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


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Almadex Minerals Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Almadex Minerals Ltd.
  • Ticker: DEX
  • Exchange: TSXV
  • Founded: 2018
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$12.968m
  • Shares outstanding: 55.18m
  • Website: https://www.almadexminerals.com

Location

  • Almadex Minerals Ltd.
  • 1333 Johnston Street
  • Suite 210
  • Vancouver
  • British Columbia
  • V6H 3R9
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DEXTSXV (TSX Venture Exchange)YesCommon SharesCACADMay 2018
AAMM.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDMay 2018

Biography

Almadex Minerals Ltd., an exploration company, engages in the discovery of mineral prospects. The company primarily explores for gold, silver, copper, and molybdenum deposits. It holds interest in various exploration projects located in Mexico, Canada, and the United States. The company was formerly known as 1154229 B.C. Ltd. and changed its name to Almadex Minerals Ltd. in May 2018. Almadex Minerals Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 14:08
End of Day Share Price2020/05/26 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.