CMX Gold & Silver Corp.
CXC.CN
Canadian Securities Exchange0.28
CAD
+0.02
- -
CMX Gold & Silver Corp.
CXC.CN
(Canadian Securities Exchange)
Recent
price
0.28
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- CMX Gold & Silver Corp. (CSE: CXC, OTC: CXXMF) is a junior mining company focused on the exploration, development, and potential reactivation of silver-lead-zinc properties, primarily its 100%-owned Clayton Silver Project in Custer County, Idaho, USA. Founded in 1986 and headquartered in Calgary, Alberta, Canada, the company operates through its subsidiary CMX Gold & Silver (USA) Corp. and holds a land package of approximately 1,028 acres, including 29 patented mining claims, two patented mill sites totaling 562 acres, and 20 unpatented claims covering 466 acres; the Clayton Silver Mine historically produced over two million tonnes of ore from 1935 to 1986, yielding silver, lead, zinc, copper, and minor gold with an estimated present value exceeding USD $392 million at current metal prices. Core assets include the Clayton project's extensive underground vein system, a stockpile of over 1,000,000 tonnes of unprocessed mineralized material suitable for modern ore-sorting recovery, and untapped potential in additional vein systems identified for low-risk drilling. The company targets precious and base metals exploration and development in mining-friendly jurisdictions, serving investors seeking exposure to historic assets with near-term cash flow opportunities from stockpile processing; geographic operations span Canada for corporate functions and the United States for its flagship Idaho property, accessible year-round via paved roads with no royalties, minimal maintenance costs, no legacy environmental issues, and no drilling permits required on patented claims. In May 2022, CMX signed an agreement with Sulphide Remediation Inc. to process the Clayton stockpile using precision X-ray ore-sorting technology, which 2023 assays confirmed boosts silver grades by 6.4 times and lead-zinc grades by 7 times compared to 2014 evaluations, enabling high-grade concentrate production for toll milling; recent land expansions in 2022 and 2023 increased the position by two-thirds to 1,134 acres around patented claims. Most recently, as of October 2025, the company exercised 2,600,000 stock options and granted 4,575,000 new ones to executives and advisors to settle fees, extended its promotional activities contract with Manuel Aldea for two years to enhance branding and investor outreach, closed a private placement of convertible debentures in May 2025, and announced plans for a major 2026 geophysical survey and drill program at Clayton; earlier in 2025, it extended warrant expiry dates and conducted additional private placements and option transactions to strengthen its capital structure free of legacy debt.