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Home CompaniesAlpha Exploration Ltd

Alpha Exploration Ltd

Basic Materials Other Precious Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.275 CAD -0.01 ( 1.79%)
Last update at 2026-11-05T16:52:00Z
VOLUME
63556
Market Cap
53.33M
P/E
56.00

Momentum Score

…

Alpha Exploration Ltd., through its subsidiary, engages in the acquisition, exploration, and development of mineral resource properties in Eritrea. The company explores for gold, copper, silver, and volcanogenic massive sulphide deposits. Its main exploration property is the 100% owned Kerkasha Project consisting four areas of colonial workings and six artisanal gold mining prospects identified covering approximately 771 square kilometers located in Eritrea. The company was incorporated in 2011 and is headquartered in Road Town, the British Virgin Islands.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.27
Low
0.28
High
52 Week Price Range
0.44
Low
0.70
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public information on Alpha Exploration Ltd (ALEX.V) is limited and does not clearly disclose its assets, operations, or financial position. If it operates as a typical junior exploration issuer, long-term growth would depend on successful exploration results, favourable commodity prices, and access to capital, which may benefit investors seeking exposure to early-stage resource upside.

Principal risks include apparent early-stage status with limited disclosure, high financing and execution risk, potential shareholder dilution, and sensitivity to commodity prices and permitting and regulatory outcomes.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.28
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
3.92%
Net Debt
-
ROCE
-5.11%
Diluted EPS TTM
0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -0.39M -0.76M -0.39M -0.78M -1.87M
Net income -0.39M -0.76M -0.39M -0.78M -1.87M
Selling general administrative 0.81M 0.87M 0.69M 0.92M 1.84M
Ebit - - - -0.92M -1.84M
Ebitda - - -0.38M -0.76M -1.85M
Operating income -0.82M -0.88M -0.69M -0.92M -1.84M
Interest expense 0.00M 0.01M 0.01M 0.01M 0.02M
Interest income 0.06M 0.00M - - -
Net interest income 0.05M -0.02M -0.01M -0.01M -0.02M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.82M 0.88M 0.69M 0.92M 1.84M
Total other income expense net 0.38M 0.13M 0.31M 0.16M -0.01M
Net income from continuing ops -0.39M -0.76M -0.39M -0.78M -1.87M
Net income applicable to common shares - - - -0.78M -1.87M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 16.70M 15.91M 9.99M 8.56M 6.36M
Total liab 0.72M 1.15M 0.78M 1.26M 1.36M
Total stockholder equity 15.98M 14.77M 9.21M 7.30M 4.99M
Other current liab 0.36M 0.02M - 0.22M 0.00M
Common stock - - - 9.33M 5.93M
Capital stock 18.84M 17.24M 11.56M 9.33M 5.93M
Retained earnings -4.50M -4.11M -3.35M -2.96M -2.18M
Other liab - - - 0.48M 0.37M
Cash 1.13M 3.23M 0.10M 0.89M 1.89M
Total current liabilities 0.72M 0.60M 0.36M 0.78M 1.00M
Property plant equipment - - - 7.62M 4.46M
Total current assets 1.16M 3.25M 0.15M 0.95M 1.90M
Net tangible assets - - - 7.30M 4.99M
Net receivables - - - 0.05M 0.01M
Accounts payable 0.33M 0.40M 0.13M 0.42M 0.56M
Non current assets total 15.54M 12.66M 9.85M 7.62M 4.46M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -2.94M -2.65M -2.07M -2.69M -1.73M
Change to liabilities - - - -0.30M 0.72M
Total cashflows from investing activities - - - -2.69M -1.73M
Net borrowings 0.00M 0.07M - 0.08M 0.08M
Total cash from financing activities 1.90M 6.24M 2.33M 2.64M 3.36M
Change to operating activities - - - -0.09M -0.09M
Net income -0.39M -0.76M -0.39M -0.78M -1.87M
Change in cash -2.10M 3.13M -0.79M -1.00M 1.72M
Begin period cash flow 3.23M 0.10M 0.89M 1.89M 0.17M
End period cash flow 1.13M 3.23M 0.10M 0.89M 1.89M
Total cash from operating activities -1.06M -0.46M -1.06M -0.95M 0.09M
Issuance of capital stock 1.90M 6.17M 2.33M 2.56M 3.36M
Depreciation - - - 0.06M 0.04M
Change to account receivables - - - -0.04M -0.01M
Change to netincome - - - 0.19M 1.21M
Capital expenditures 2.94M 2.65M 2.07M 2.69M 1.73M
Change in working capital -0.15M 0.16M -0.50M -0.43M 0.71M
Stock based compensation 0.00M 0.15M 0.11M 0.26M 1.25M
Other non cash items - 0.01M -0.28M - -
Free cash flow -4.00M -3.11M -3.13M -3.64M -1.64M

Peer Comparison*

Sector: Basic Materials Industry: Other Precious Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
ALEX
Alpha Exploration Ltd		 -0.01
1.79%		 0.28 56.00 - - 2.17 -99.43
ARTG
Artemis Gold Inc		 0.05
0.13%		 39.10 26.36 15.55 9.89 8.93 15.40
MTA
Metalla Royalty & Streaming Ltd		 -0.55
4.92%		 10.63 - 36.10 72.68 2.54 399.21
ITR
Integra Resources Corp		 -0.08
2.65%		 2.94 - 5.51 3.41 3.44 15.52
GSKR
Goldsky Resources Corp.		 -0.04
1.29%		 2.67 - - - 4.47 -25.01

Profile*

Alpha Exploration Ltd

Alpha Exploration Ltd., through its subsidiary, engages in the acquisition, exploration, and development of mineral resource properties in Eritrea. The company explores for gold, copper, silver, and volcanogenic massive sulphide deposits. Its main exploration property is the 100% owned Kerkasha Project consisting four areas of colonial workings and six artisanal gold mining prospects identified covering approximately 771 square kilometers located in Eritrea. The company was incorporated in 2011 and is headquartered in Road Town, the British Virgin Islands.

Omar Hodge Building, Road Town, British Virgin Islands

https://www.alpha-exploration.com

Name Title Year Born
Mr. Michael J. Hopley P.Eng. Pres, CEO & Director 1950
Ms. Denitsa Doncheva Chief Financial Officer 1993
Mr. Alasdair Smith Technical Director & Director NA
Mr. Tewelde Haile Exploration Mang. NA
Mr. Michael J. Hopley P.Eng. President, CEO & Director 1950
Mr. Christopher James Van Der Westhuyzen Secretary & Director NA
Mr. Tewelde Haile Exploration Manager NA
Ms. Denitsa Doncheva Chief Financial Officer 1994
Mr. John Wilton Chief Executive Officer NA
Mr. John Wilton CEO & Director NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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Top Stocks by Market Cap*

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Equity Sectors*

  • Basic Materials

    -2.34%

  • Communication Services

    +0.74%

  • Consumer Cyclical

    -2.81%

  • Consumer Defensive

    -0.87%

  • Energy

    -3.16%

  • Financial Services

    -2.32%

  • Healthcare

    -0.53%

  • Industrials

    -4.40%

  • Real Estate

    -0.43%

  • Technology

    -4.09%

  • Utilities

    -1.03%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

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