Almadex Minerals: Stocks trading at Less Than Cash Value on TSX-V (DEX)
Almadex Minerals is among the group of TSX Venture Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap.
This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation.
Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| ORC.B | Orca Energy Group | 3.2 | 19769509 | 15.7035 | 0.5302 | 4.92 | 3.12 |
| DEX | Almadex Minerals | 0.22 | 61007944 | 11.5 | 0.5147 | 0.24 | |
| IGP | Imperial Ginseng Prods | 1.6 | 7652547 | 8.8889 | 0.8624 | 1.72 | 1.72 |
| RRR.UN | R&R REIT | 0.145 | 39957947 | 1.9766 | 0.2913 | 0.3 | -1.2 |
| DTEA | DAVIDsTEA | 0.16 | 26872678 | 0.1137 | 0.6 | 0.2 | |
| WINS | Winshear Gold | 0.1 | 31418632 | 0.122 | 0.9974 | 0.1 | |
| LVX | Leviathan Gold | 0.105 | 19944764 | 2.8108 | 0.8079 | 0.16 | 0 |
All data provided as of August 23, 2024.
More about Almadex Minerals
Almadex Minerals Ltd is an exploration company specializing in the discovery of new mineral prospects. The company's projects are located in Mexico, Canada and the United States. It has one reportable operating segment being, the acquisition, and exploration of mineral resource properties in Canada, the United States, and Mexico. The company's projects include New Hope, Paradise Valley, Silverton South, Confusion Hills, Lac De Gras, Nicoman river, and others.
Almadex Minerals is listed under DEX on the TSX Venture Exchange.
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