ATEX Resources (ATX) Stock Price, News & Analysis

Company Overview

ATEX Resources Inc. engages in the exploration and evaluation of mineral properties in South America. Its flagship property is the Valeriano Copper Gold project covering approximately 3,705 hectares located in the north-central Chile. The company was formerly known as Colombia Crest Gold Corp. and changed its name to ATEX Resources Inc. in February 2019. ATEX Resources Inc. was incorporated in 1981 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: C$1.43 to C$1.50
• 50-Day Range: C$1.21 to C$1.70
• 52-Week Range: C$0.62 to C$1.76
• Volume: 260,460 shs
• Average Volume: 590,272 shs
• Market Capitalization: C$297.88 million
• P/E Ratio: N/A
• Dividend Yield: 3.76%
• Price Target: C$2.40
• Consensus Rating: Buy

ATEX Resources Stock Analysis - MarketRank™

ATEX Resources scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

ATEX Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

ATEX Resources has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of ATEX Resources is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of ATEX Resources is -8.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ATX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

ATEX Resources is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ATEX Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ATX.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: N/A

News Sentiment

ATEX Resources has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for ATEX Resources this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ATEX Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

16.46% of the stock of ATEX Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 13.38% of the stock of ATEX Resources is held by institutions.

ATX Stock Analysis - Frequently Asked Questions

How have ATX shares performed this year?

ATEX Resources' stock was trading at C$0.75 at the beginning of the year. Since then, ATX stock has increased by 92.0% and is now trading at C$1.44.
View the best growth stocks for 2024 here.

How were ATEX Resources' earnings last quarter?

ATEX Resources Inc. (CVE:ATX) announced its earnings results on Tuesday, August, 20th. The company reported ($0.04) EPS for the quarter.

How do I buy shares of ATEX Resources?

Shares of ATX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of ATEX Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ATEX Resources investors own include Dye & Durham (DND), DRI Healthcare Trust (DHT.UN), Celestica (CLS), Cargojet (CJT), Bravada Gold (BVA), B2Gold (BTO) and Bombardier, Inc. Class B (BBD.B).

Company Calendar

• Last Earnings: 8/20/2024
• Today: 11/17/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: CVE:ATX
• CUSIP: N/A
• CIK: N/A
• Web: www.atexresources.com
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.40
• High Stock Price Target: C$2.50
• Low Stock Price Target: C$2.30
• Potential Upside/Downside: +66.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-33,430,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -244.29%
• Return on Assets: -82.24%

Debt

• Debt-to-Equity Ratio: 151.99
• Current Ratio: 3.61
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C($0.04) per share
• Price / Book: -36.00

Miscellaneous

• Outstanding Shares: 206,860,000
• Free Float: N/A
• Market Cap: C$297.88 million
• Optionable: Not Optionable
• Beta: 0.57