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$3.33 to C$3.43
• 50-Day Range: C$3.37 to C$3.37
• 52-Week Range: C$1.84 to C$4.55
• Volume: 78,865 shs
• Average Volume: 726,648 shs
• Market Capitalization: C$1.26 billion
• P/E Ratio: N/A
• Dividend Yield: 3.76%
• Price Target: C$5.50
• Consensus Rating: Strong Buy

ATEX Resources Stock Analysis - MarketRank™

ATEX Resources scored higher than 56% 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: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

ATEX Resources has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 strong buy rating, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

ATEX Resources has a consensus price target of C$5.50, representing about 63.2% upside from its current price of C$3.37.

Amount of Analyst Coverage

ATEX Resources has received no research coverage 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 -13.48, 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 -13.48, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

ATEX Resources has a P/B Ratio of 8.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: N/A

News Sentiment

ATEX Resources has a news sentiment score of 0.92. 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 higher news sentiment than the 0.38 average news sentiment score of 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

19.04% of the stock of ATEX Resources is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: Gold
• Current Symbol: CVE:ATX
• 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 Price Target for ATEX Resources: C$5.50
• High Price Target: C$5.50
• Low Price Target: C$5.50
• Potential Upside/Downside: +63.2%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$40.50 million
• Net Margins: -85,759.84%
• Pretax Margin: N/A
• Return on Equity: -80.44%
• Return on Assets: -82.24%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 9.05
• 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$0.38 per share
• Price / Book: 8.93

Miscellaneous

• Outstanding Shares: 374,629,000
• Free Float: N/A
• Market Cap: C$1.26 billion
• Optionable: Not Optionable
• Beta: 2.62