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Alpha Exploration Ltd. (V:ALEX)

Business Focus: Mining Support Services

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEDI filings for ALEX within the last 6 months
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Company News

Apr 26, 2024 05:52 ET
Alpha Exploration Announces Final Assay Results Including 5m @ 11.03 g/t Gold at Aburna
Calgary, Alberta--(Newsfile Corp. - April 26, 2024) - Alpha Exploration Ltd. (TSXV: ALEX) ("Alpha" or the "Company") announces final results from the first phase of its 2024 drilling program on its Aburna Gold Prospect ("Aburna") on the Company's 100% owned, 771 km² Kerkasha Project located in Eritrea. Drilling consists of both reverse-circulation ("RC") drilling and diamond core ("DC") drilling.
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Apr 10, 2024 18:18 ET
Alpha Exploration Ltd. Announces Closing of Second Tranche of Private Placement Financing
Calgary, Alberta--(Newsfile Corp. - April 10, 2024) - Alpha Exploration Ltd. (TSXV: ALEX) (the "Corporation" or "Alpha") is pleased to announce that, on April 10, 2024, it closed the second tranche of its previously announced non-brokered private placement of units in the capital of the Corporation ("Units") of up to $7,000,000.00 at a purchase price of $0.70 per Unit (the "Offering Price"), for aggregate gross proceeds of $2,670,090.60, bringing the total proceeds raised under the offering to $6,850,090.60 (the "Offering"). The principal use of the proceeds of the Offering will be for funding ongoing exploration work on the Kerkasha Project in Eritrea, operating and administrative expenses, working capital and general corporate purposes.
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Valuation Ratios

Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
7.03
4.52
Price to Book - most recent quarter
3.54
2.24
2.04
Price to Cash Flow per share - TTM
--
6.38
9.69
Price to Free Cash Flow per share - TTM
--
7.85
20.79
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Apr 15, 2024655-289
Mar 31, 2024944-478
Mar 15, 20241,4221,053
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Mining Support Services & Equipment

Alpha Exploration Ltd is a Switzerland-based exploring company. The Company is primarily engaged in exploring and discovering gold and base metals deposits in Arabian-Nubian shield on both sides of the Red Sea. Company's main project is KERKASHA- ERYTREA, area with potential for gold and base metal mineralization.

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