Adex Mining Inc.

Adex Mining Inc.

ADE.V
Adex Mining Inc.CA flagToronto Stock Exchange Ventures
0.11
CAD
+0.01
- -
71.11MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.01
-0.01
- -
0.02
- -
- -
- -
- -
- -
- -
- -
-0.04
- -
- -
Free Cash Flow per Basic Share
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.08
0.07
0.02
- -
- -
- -
- -
- -
- -
-0.01
-0.01
-0.05
-0.04
-0.04
Tangible Book Value per Share
0.08
0.07
0.02
- -
- -
- -
- -
- -
- -
-0.01
-0.01
-0.05
-0.04
-0.04
Basic Weighted Avg Shares
177
177
619
677
677
677
677
677
677
677
677
677
677
677
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
13
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
-2
-1
14
-1
-1
-1
-1
-1
-1
-1
-26
1
1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
-2
- -
-1
-2
-2
-3
-1
-1
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
3
4
5
5
7
7
7
Total Equity
14
12
15
1
- -
-1
-1
-2
-3
-4
-5
-31
-29
-29
Return on Invested Capital (%)
- -
- -
- -
-171.98
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
173.52
- -
- -
- -
- -
- -
- -
- -
- -
-8.54
-8.54
Return on Common Equity (%)
-11.31
-13.74
-10.84
179.15
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
7
7
7
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
677
677
677
Market Capitalization
7
14
34

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
127.89%
119.73%
-4.71%
Free Cash Flow
-4.7%
10.22%
25.3%
Net Income, GAAP
198.53%
636.21%
-105.65%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-0.04
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kwan Lam
Sector
Basic Materials
Industry
Steel
Address
36 Toronto Street Toronto ON Canada M5C 2C5
IPO Date
Jul 16, 2007
Business
Adex Mining Inc. is a Canadian junior mineral exploration and development company focused on advancing and preserving its wholly owned Mount Pleasant Mine Property in New Brunswick, Canada. The Company’s principal business is the exploration, evaluation and potential development of a polymetallic mineral project containing tungsten-molybdenum and tin-indium-zinc mineralization. Its prospective product portfolio comprises tungsten and molybdenum concentrates, as well as tin, indium and zinc-bearing mineral products, subject to future project development, permitting, financing and production decisions. Adex conducts its activities through Adex Minerals Corp., its wholly owned subsidiary that holds the Company’s interest in the Mount Pleasant mining project. The project encompasses approximately 1,600 hectares of subsurface mineral rights in the Mount Pleasant mine area near Utopia/St. George, New Brunswick. The Company serves prospective industrial and metals markets, including supply chains that use tungsten, molybdenum, tin, indium and zinc in alloys, electronics, coatings and other specialty-material applications. Founded in 1992, Adex Mining is headquartered in Toronto, Ontario, Canada, with site operations associated with the Mount Pleasant Property in New Brunswick. Adex remains focused on stewardship of the Mount Pleasant Property while evaluating strategic alternatives for the multi-metal project. In July 2026, the New Brunswick Department of Natural Resources and Energy cancelled mineral claim 1505, the claim on which the Mount Pleasant project is situated, citing insufficient work-program expenditures, and placed the claim in protected status. In September 2026, Adex Minerals obtained an interim stay of that cancellation, reinstating the claim in the subsidiary’s name pending final determination of its appeal. Also in September 2026, shareholders approved an amended and restated stock option plan authorizing grants of options for up to 67,721,144 common shares, representing 10% of the Company’s issued and outstanding shares, subject to TSX Venture Exchange approval. Adex Mining’s common shares trade on the TSX Venture Exchange under the symbol ADE.