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Canadian explorer advancing the large Valeriano copper-gold porphyry discovery in Chile's Atacama region.
Canadian explorer advancing the large Valeriano copper-gold porphyry discovery in Chile's Atacama region.
Earns no revenue; drilling and studies are funded by raising capital, with Agnico Eagle among its backers. Valeriano, a large copper-gold deposit in Chile's Atacama, is its only project, so value rests on proving up the resource.
In one line: No US peer..
Moat: none (installed base). Early-stage explorer; resource is large but the project is still pre-feasibility and pre-financing.
Headquarters: Vancouver, Canada · Employees: 82
Size ATEX Resources (ATX.TO) is a Canada Materials company (Precious Metals) with a market value of $443M, the 356th largest of 420 Canada companies the cockpit tracks. Shares closed at C$1.65 on 6 Nov 2026.
Performance Over six months the shares fell 45.4%, against +0.9% for the median peer and +5.2% for the Canada market (cap-weighted) — lowest of 21 in its peer set.
Valuation It trades at 3.70× book value against a peer median of 2.97× (7th most expensive of 18).
Price implies The share price implies a return on equity of about 21.5%; ATEX Resources delivers -77.7%, so the price asks more than the business earns today.
Next results Next results expected around 20 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 |
| Revenue growth | — | — | — | — | — |
| Gross profit | -C$974,277 | -C$506,813 | -C$190,273 | -C$140,670 | -C$4,134 |
| EBITDA | -C$78.3M | -C$74.5M | -C$26.3M | -C$29.7M | -C$10.5M |
| Net income | -C$75.1M | -C$76.4M | -C$29.5M | -C$28.9M | -C$10.1M |
| Free cash flow | -C$99.3M | -C$93.9M | -C$23.5M | -C$23.6M | -C$8.88M |
| Capital expenditure | C$29.8M | C$30.4M | C$226,746 | C$718,509 | C$588,279 |
| Total debt | C$226,838 | C$267,345 | C$18.4M | C$9.66M | C$0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| ATEX Resources ATX.TO | $443M | -45% | n/a | -78% | 3.70× | 21.5% |
| NGEx Minerals NGEX.TO | $3.37B | -15% | n/a | -45% | 10.88× | 116.6% |
| Lundin Mining LUN.TO | $18.1B | -18% | +29% | 21% | 2.54× | 30.8% |
| Capstone Copper CS.TO | $6.01B | -8% | +30% | 9% | 1.60× | 22.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ATX.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.8% | -9.0% | 2nd lowest of 21 |
| 6-month return | -45.4% | +0.9% | lowest of 21 |
| Return on equity | -77.7% | -2.8% | 2nd lowest of 16 |
| Price / book | 3.70× | 2.97× | 7th most expensive of 18 |
| ROE the price implies | 21.5% | 37.4% | 8th least demanding of 18 |
| ROE delivered | -77.7% | 1.1% | 2nd lowest of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| ATEX Resources ATX.TO | Canada | $443M | -45% | n/a | -78% | 3.70× | 21.5% | -77.7% |
| Asante Gold ASE.V | Canada | $439M | -39% | +28% | n/a | 4.45× | 38.5% | n/a |
| Integra Resources ITR.V | Canada | $453M | -20% | +71% | 5% | 1.65× | 18.2% | 5.0% |
| New Murchison Gold NMG.AX | Australia | $433M | +19% | +1,594,866% | 147% | 2.97× | 16.6% | 146.8% |
| San Lorenzo Gold SLG.V | Canada | $431M | +101% | n/a | -8% | 19.32× | 44.7% | -7.5% |
| Rusoro Mining RML.V | Canada | $457M | -5% | n/a | n/a | n/a | n/a | n/a |
| Meteoric Resources MEI.AX | Australia | $464M | +12% | n/a | -110% | 10.07× | 83.0% | -109.8% |
| Thor Explorations THX.V | Canada | $466M | -26% | +29% | 55% | 1.00× | 12.0% | 54.9% |
| Heliostar Metals HSTR.TO | Canada | $475M | +10% | n/a | n/a | 4.21× | 38.5% | n/a |
| Aurelia Metals AMI.AX | Australia | $477M | +16% | +40% | 20% | 1.48× | 15.7% | 20.2% |
| Caledonia Mining CMCL | United States | $412M | -11% | +35% | 25% | 1.40× | 11.0% | 24.6% |
| Gold X2 Mining AUXX.V | Canada | $409M | -32% | n/a | -36% | 3.65× | 54.2% | -36.2% |
| Amex Gold Mining AMX.V | Canada | $407M | -26% | n/a | -5% | 2.64× | 40.4% | -4.9% |
| International Tower Hill Mines ITH.TO | Canada | $405M | -39% | n/a | -3% | 2.42× | 27.5% | -2.8% |
| Vista Gold VGZ | United States | $401M | +22% | n/a | -26% | 7.91× | 71.2% | -26.4% |
| Ausgold AUC.AX | Australia | $495M | +42% | n/a | -6% | 3.30× | 37.4% | -6.2% |
| Goldgroup Mining GORO.V | Canada | $500M | -21% | +215% | n/a | n/a | n/a | n/a |
| Entree Resources ETG.TO | Canada | $391M | +6% | n/a | n/a | n/a | n/a | n/a |
| Deccan Gold Mines DECNGOLD.NS | India | $389M | +46% | +159% | -14% | 6.94× | 117.3% | n/a |
| Aeris Resources AIS.AX | Australia | $385M | -20% | +22% | 39% | 0.74× | 8.7% | 38.9% |
| Sailfish Royalty FISH.V | Canada | $384M | +96% | +88% | 130% | 2.20× | 7.8% | 130.5% |