Valuation: Explorex Resources Inc

Market Cap 189K 165K 153K 142K 268K 17.87M 273K 1.83M 711K 8.82M 710K 694K 30.72M P/E 2019
-0.14x
P/E 2020 -0.11x
Enterprise Value 170K 148K 137K 128K 241K 16.03M 245K 1.64M 638K 7.91M 637K 623K 27.55M EV / Sales 2019
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EV / Sales 2020 -
Free-Float
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Yield 2019 *
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Yield 2020 -
13/05/20 Explorex Resources Inc. will Change its Name to RAFFLES FINL GROUP LTD CI
29/04/20 Raffles Financial Private Limited completed the acquisition of Explorex Resources Inc. (TSXV:EX) in a reverse merger transaction. CI
28/04/20 Explorex Resources Inc. (TSXV:EX) completed the spin-off of Origen Resources Inc. CI
23/03/20 Explorex Resources Inc. announced that it has received CAD 0.500038 million in funding from Origen Residential Securities, Inc. CI
03/03/20 Explorex Resources Inc. Reports Earnings Results for the Third Quarter Ended December 31, 2019 CI
03/02/20 Explorex Resources Inc. announced that it expects to receive CAD 0.5 million in funding from Origen Residential Securities, Inc. CI
28/01/20 New Tech Minerals Corp. Receives Notice of Termination of an Assignment and Assumption Agreement with Explorex Resources Inc CI
28/01/20 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
27/01/20 Explorex Reports Exploration Results At Bonanza Mountain Project in Knight's Mining Camp, Grand Forks, BC CI
23/12/19 Raffles Financial Private Limited entered into a definitive share exchange agreement to acquire Explorex Resources Inc. (TSXV:EX) in a reverse merger transaction. CI
23/12/19 Explorex Resources Inc. agreed to spin-off current mineral exploration assets of Explorex Resources Inc. CI
29/11/19 Explorex Resources Inc. Reports Earnings Results for the Second Quarter Ended September 30, 2019 CI
26/11/19 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 -1.2M -1.11M -1.03M -1.95M -130M -1.98M -13.3M -5.16M -64.01M -5.15M -5.04M -223M -1.46M -1.27M -1.18M -1.1M -2.07M -138M -2.1M -14.1M -5.47M -67.89M -5.47M -5.34M -237M
Net Debt -68.6K -60.04K -55.43K -51.7K -97.41K -6.49M -99.16K -665K -258K -3.2M -258K -252K -11.15M -19.49K -17.06K -15.75K -14.69K -27.68K -1.84M -28.18K -189K -73.35K -910K -73.24K -71.6K -3.17M
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.
Employees
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Sector
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