Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
CANX.V
SELLREMOVECANEX Metals Inc. · Basic Materials · Canada · $27M · Avg Vol: $24K/d
CANEX Metals is a micro-cap mineral exploration company. It lacks cash flow, has no operating history of profitability, and is highly speculative. It is completely outside our quality-focused investment mandate.
COMPANY DESCRIPTION
CANEX Metals Inc. is a Canadian mineral exploration company focused on identifying and developing gold and silver deposits in North America, with a primary focus on the Gold Range Project in Arizona. The company leverages a low-cost exploration model to identify high-grade, near-surface oxide gold mineralization suitable for heap leach extraction. Its competitive position is anchored by a highly experienced management team with a track record of discovery in historic mining districts.
FINANCIAL SUMMARY
| Year | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | — |
| EPS | -0.00 | -0.01 | 0.00 | 0.00 | — |
| Shares | 209M | 105M | 114M | 147M | -29.6% |
| Debt | 105,081 | 71,158 | 69,636 | 231,598 | 30.1% |
| Equity | 4M | 4M | 4M | 5M | 9.0% |
| Op CF | -382,828 | -337,297 | -182,444 | -182,688 | — |
| Inv CF | -1M | -643,813 | -204,726 | -692,546 | — |
| Fin CF | 2M | 428,744 | -2,357 | 1M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of CANX.V are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| CANX.V | CANEX Metals Inc.(you) | $27M | 22 | SELL |
| VIO.V | Vior Gold Corporation Inc. | $36M | 22 | SELL |
| PRG.V | Precipitate Gold Corp. | $35M | 18 | STRONG SELL |
| GPG.V | Grande Portage Resources Ltd. | $43M | 24 | SELL |
| KLDC.V | Kirkland Lake Discoveries Corp. | $50M | 21 | SELL |
| LEGY.V | Legacy Gold Mines Ltd. | $44M | 18 | STRONG SELL |
| USGD.CN | American Pacific Mining Corp. | $35M | 13 | STRONG SELL |
| OGW.V | Ongwe Minerals Inc. | $43M | 27 | SELL |
| LVG.V | Lake Victoria Gold Ltd. | $43M | 28 | SELL |
| KG.V | Klondike Gold Corp. | $36M | 31 | SELL |
Peer medians: ROE -12.4% · P/E 15.3x · Gross margin 0.0%