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Amex Exploration Inc. (V:AMX)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
Company Contact
Address: 410 St-Nicolas, suite 236
Tel: N/A
IR: See website
Key People
Jacques Trottier
Executive Chairman of the Board
Victor Cantore
President, Chief Executive Officer, Director
Patrick Musampa
Chief Financial Officer
Pierre Carrier
Chief Operating Officer, Corporate Secretary, Director
Kelly James Malcolm
Vice President - Exploration
Business Overview
Amex Exploration Inc. is a junior gold mining exploration company. The Company is engaged in acquiring, exploring, and developing viable gold projects in the mining-friendly jurisdiction of Quebec. The Perron gold project is located approximately 110 kilometers (km) north of Rouyn Noranda, Quebec, consisting of 117 contiguous claims covering 4,518 hectares. The property is located in the Archean Greenstone Belt of the Superior province. Its Lebel-sur-Quevillon gold project consists of approximately four properties that are located 26 km North of Lebel-sur-Quevillon in the north-western part of the province of Quebec and 150 kilometers to the Northeast of Val D'Or. The Lebel-sur-Quevillon gold project consists of 73 claims covering 4,073 hectares. The Company's Eastmain River properties are situated in the Eeyou Istchee Territory, James Bay, Quebec, approximately 350 km north of the town of Chibougamau. Its properties include the Eastmain River North, East, West, and South properties.
Financial Overview
For the fiscal year ended 31 December 2023, Amex Exploration Inc revenues was not reported. Net income increased from C$142K to C$680K. Net income benefited from Salaries, bonus and employees benefits decrease of 40% to C$699K (expense), Consulting fees and professional fees decrease of 46% to C$505K (expense), Foreign exchange loss (gain) increase from C$203K (expense) to C$121K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $188.78M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$2.74M as of Dec 31, 2023
Net annual income (TTM): $0.68M as of Dec 31, 2023
Free cash flow (TTM): -$26.99M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 103,634,806 as of Apr 19, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization