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Valuation: Explorex Resources Inc

Market Cap 189K 163K 150K 141K 264K 17.96M 268K 1.78M 693K 8.74M 709K 694K 30.28M P/E Ratio 2019
-0.14x
P/E Ratio 2020 -0.11x
Enterprise Value 170K 146K 135K 126K 237K 16.11M 240K 1.59M 621K 7.84M 636K 623K 27.15M EV / Sales 2019
-
EV / Sales 2020 -
Free-Float
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Yield 2019 *
-
Yield 2020 -
20-05-13 Explorex Resources Inc. will Change its Name to RAFFLES FINL GROUP LTD CI
20-04-28 Raffles Financial Private Limited completed the acquisition of Explorex Resources Inc. (TSXV:EX) in a reverse merger transaction. CI
20-04-27 Explorex Resources Inc. (TSXV:EX) completed the spin-off of Origen Resources Inc. CI
20-03-22 Explorex Resources Inc. announced that it has received CAD 0.500038 million in funding from Origen Residential Securities, Inc. CI
20-03-02 Explorex Resources Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019 CI
20-02-02 Explorex Resources Inc. announced that it expects to receive CAD 0.5 million in funding from Origen Residential Securities, Inc. CI
20-01-27 New Tech Minerals Corp. Receives Notice of Termination of an Assignment and Assumption Agreement with Explorex Resources Inc CI
20-01-27 Explorex Resources Inc. Announces the Results of the Initial Surface Exploration Program Performed on the Bonanza Mountain Precious and Base Metals Project, in the Historic Knight's Gold Mining Camp, Grand Forks Area, BC CI
20-01-26 Explorex Reports Exploration Results At Bonanza Mountain Project in Knight's Mining Camp, Grand Forks, BC CI
19-12-22 Raffles Financial Private Limited entered into a definitive share exchange agreement to acquire Explorex Resources Inc. (TSXV:EX) in a reverse merger transaction. CI
19-12-22 Explorex Resources Inc. agreed to spin-off current mineral exploration assets of Explorex Resources Inc. CI
19-11-28 Explorex Resources Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2019 CI
19-11-25 Explorex Announces Acquisition of Bonanza Mountain Gold Project in Historic Knight's Mining Camp, Grand Forks, BC CI

Financials

2019 2020
Net sales - -
Net income -1.37M -1.18M -1.09M -1.02M -1.92M -130M -1.95M -12.89M -5.03M -63.47M -5.15M -5.04M -220M -1.46M -1.26M -1.16M -1.08M -2.03M -138M -2.06M -13.67M -5.33M -67.32M -5.46M -5.34M -233M
Net Debt -68.6K -59.25K -54.6K -51.1K -95.77K -6.52M -97.26K -645K -251K -3.17M -257K -252K -10.99M -19.49K -16.84K -15.51K -14.52K -27.22K -1.85M -27.64K -183K -71.42K -902K -73.16K -71.6K -3.12M
Logo Explorex Resources Inc
Explorex Resources Inc. is a junior gold and base metals mining and exploration company. The Company is engaged in acquiring, exploring and developing mineral properties, principally located in Eastern Canada. It has mineral holdings in Ontario, Quebec, New Brunswick and Saskatchewan. The Company is focused on exploration in the Abitibi Greenstone Belt of Ontario and Quebec, and Base metal in New Brunswick. It has interest in the Arlington property, which is located in the Beaverder silver camp, over 40 kilometers southeast of Kelowna. The Arlington property covers approximately 586.46 hectares and is centered on Hall Creek at the south end of Arlington Lakes. The Company also holds interest in Silver Dollar Property, which is located, approximately 45 kilometers southeast of Revelstoke, B.C. The Silver Dollar property is over 3,160 hectares in area. The Company also owns over 1,991 hectares of mining claims in Saskatchewan and approximately 2,800 hectares in New Brunswick.
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