Orex Minerals Inc. (V:REX)
Business Focus: Diversified Mining
| Sector: Basic Materials | Industry: Diversified Mining |
| Company Contact | |
| Address: | Suite 1130, 1055 West Hastings Street VANCOUVER BC V6E 2E9 |
| Tel: | N/A |
| Website: | https://orexminerals.com |
| IR: | See website |
| Key People | ||
| N. Ross Wilmot Chief Financial Officer, Director | ||
| Business Overview |
| Orex Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on precious and base metals exploration in Mexico and Canada. The Company is engaged primarily in the acquisition and exploration and evaluation of assets. It has several projects, including two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. The third project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is a silver and gold exploration property located 40 kilometers (km) north of the community of Tepehuanes and 180 km north of the City of Durango in Durango State, Mexico. The Coneto Silver-Gold Project is located in the Mesa Central, on the eastern flank of the Sierra Madre Occidental Mountains. The Jumping Josephine Gold Project is in the West Kootenay Region in southern British Columbia and has 24 mineral claims totaling 11,667 hectares. |
| Financial Overview |
| For the nine months ended 31 January 2024, Orex Minerals Inc. revenues was not reported. Net loss decreased 17% to C$1.5M. Lower net loss reflects Equity Earnings -Before Taxes decrease of 42% to C$265K (expense), Geological Expenses decrease of 33% to C$191K (expense), Management fees decrease of 18% to C$310K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.10 to -C$0.08. |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $2.57M as of Jan 31, 2024 |
| Annual revenue (TTM): | $0.00M as of Jan 31, 2024 |
| EBITDA (TTM): | -$1.70M as of Jan 31, 2024 |
| Net annual income (TTM): | -$2.02M as of Jan 31, 2024 |
| Free cash flow (TTM): | -$1.48M as of Jan 31, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 19,964,806 as of Jan 31, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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