Adex Mining Stock Today

ADE Stock  CAD 0.01  0.00  0.00%   

Performance

4 of 100

 
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Strong
Insignificant

Odds Of Distress

Over 70

 
High
 
Low
Quite High
Adex Mining is selling for under 0.01 as of the 1st of December 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.01. Adex Mining has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Adex Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Adex Mining Inc. engages in the exploration and development of mineral properties in Canada. Adex Mining Inc. is a subsidiary of Great Harvest Canadian Investment Company Limited. ADEX MINING operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 677.21 M outstanding shares of which 2 K shares are presently shorted by private and institutional investors with about 0.04 days to cover all short positions. More on Adex Mining

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Adex Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Adex Mining's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Adex Mining or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOKwan Lam
Thematic Ideas
(View all Themes)
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Copper, Heavy Metals, Silver, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Adex Mining's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Adex Mining's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Adex Mining can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Adex Mining's financial leverage. It provides some insight into what part of Adex Mining's total assets is financed by creditors.
Liquidity
Adex Mining cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Adex Mining has accumulated 7 M in total debt. Adex Mining has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Adex Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Adex Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Adex Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Adex to invest in growth at high rates of return. When we think about Adex Mining's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Investing Activities

(21,820.73)
Adex Mining (ADE) is traded on TSX Venture Exchange in Canada and employs 4 people. Adex Mining is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.77 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Adex Mining's market, we take the total number of its shares issued and multiply it by Adex Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Adex Mining classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 677.21 M outstanding shares of which 2 K shares are presently shorted by private and institutional investors with about 0.04 days to cover all short positions. Adex Mining has accumulated about 22 K in cash with (660.08 K) of positive cash flow from operations.
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Ownership Allocation
Adex Mining holds a total of 677.21 Million outstanding shares. Adex Mining shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.87 percent of Adex Mining outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Adex Mining Risk Profiles

Although Adex Mining's alpha and beta are two of the key measurements used to evaluate Adex Mining's performance over the market, the standard measures of volatility play an important role as well.

Adex Stock Against Markets

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Additional Tools for Adex Stock Analysis

When running Adex Mining's price analysis, check to measure Adex Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adex Mining is operating at the current time. Most of Adex Mining's value examination focuses on studying past and present price action to predict the probability of Adex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adex Mining's price. Additionally, you may evaluate how the addition of Adex Mining to your portfolios can decrease your overall portfolio volatility.