Companies · Mining & Resources

Almadex Minerals Ltd

VANCOUVER · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Almadex Minerals Ltd — recommendation, valuation, rhythm, risks.
$4.7M
Total raised · real
1
Rounds
Latest step-up
Top 32%
Sector rank · raised
Series A
Latest stage · inferred · Tue Mar 27 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Almadex Minerals Ltd looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Series A Mining & Resources companies in 2016–2018 (15 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Dormant
  • Last raise 8.3 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Almadex Minerals Ltd is one of 701 Mining & Resources companies tracked from VANCOUVER. By capital raised it ranks mid-pack (ahead of 69% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
98
Investors (latest)
2015
Year incorporated
2018-03-27
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeries A · 2018-03-27 Raised $4.7M (real) Modeled valuation $21M (est)$4.7M$21MSeries A2018

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$4.7M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 33%.

Modeled valuation trajectory
$20.5M
Base estimate est.
$6.1M
Conservative case
$111.7M
Upside case
$21.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.11×/yr
Annual markup
1.39×/yr upside case
6.0 yr
Elapsed time used
8.3 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
8.3 yr
On record since
2018
First round
1
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.0× above median
This company$4.7M
Sector median$2.3M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.1× above median
This company$4.7M
Sector median$4.2M
Modeled value — vs sector median (estimate, all stages) 8.1× above median
This company$20.5M
Sector median$2.5M

Raised more than 69% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #8 of 15.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0M$100.0MCapital raised (log)Orca Gold Inc. · Series A Raised $12.1M · modeled $51.2M (est)Mines.Io Inc. · Series A Raised $10.4M · modeled $32.2M (est)Pershing Gold Corp. · Series A Raised $60.1M · modeled $28.6M (est)Halo Exploration Ltd. · Series A Raised $5.7M · modeled $25.0M (est)Ocean Minerals, LLC · Series A Raised $5.0M · modeled $21.9M (est)El Capitan Precious Metals Inc · Series A Raised $6.9M · modeled $21.9M (est)Gold Standard Ventures Corp. · Series A Raised $14.7M · modeled $21.2M (est)Equinox Gold Corp. · Series A Raised $4.6M · modeled $19.9M (est)Liberty Star Uranium & Metals Corp. · Series A Raised $13.2M · modeled $18.9M (est)Eco Oro Minerals Corp. · Series A Raised $24.5M · modeled $10.3M (est)Applied Minerals, Inc. · Series A Raised $19.5M · modeled $4.0M (est)Almadex Minerals Ltd (this company) Raised $4.7M · modeled $20.5M (est)Almadex Minerals Ltd
CompanyStageRaised · realValue · estvs peer med.
Orca Gold Inc.Series A$12.1M$51.2M2.49×
Mines.Io Inc.Series A$10.4M$32.2M1.57×
Pershing Gold Corp.Series A$60.1M$28.6M1.39×
Halo Exploration Ltd.Series A$5.7M$25.0M1.22×
Ocean Minerals, LLCSeries A$5.0M$21.9M1.06×
El Capitan Precious Metals IncSeries A$6.9M$21.9M1.06×
Gold Standard Ventures Corp.Series A$14.7M$21.2M1.03×
Almadex Minerals Ltd this companySeries A$4.7M$20.5M1.00×
Equinox Gold Corp.Series A$4.6M$19.9M0.97×
Liberty Star Uranium & Metals Corp.Series A$13.2M$18.9M0.92×
Eco Oro Minerals Corp.Series A$24.5M$10.3M0.50×
Applied Minerals, Inc.Series A$19.5M$4.0M0.19×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$4.7M2018-03-27$21.4M$20.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$4.7M2018-03-27
    • First recorded raise — entered as Series A.
    • 98 investors on this round.
Intelligence
Modeled next raise
$7.5M
Modeled next size est.range $4.9M$12.0M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Mark T. Brown11 other2018-03
DOUGLAS JOHN McDONALD2 other2018-03
JAMES DUANE POLIQUIN2 other2018-03
JOHN JOSEPH McCLEARY2 other2018-03
KORM JOHN TRIEU2 other2018-03
Morgan J. Poliquin2 other2018-03
Lawrence Joseph Segerstrom1 other2018-03
William Joseph Worral1 other2018-03
Registry & provenance

Almadex Minerals Ltd is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1699790
SEC CIK
2015
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Almaden Minerals LtdMining & ResourcesSeries A$29.2M$5.4Mnetwork6 shared operators · same sector · same stage
Almadex Minerals Ltd.Mining & ResourcesPre-Seed$428K$2.7Mnetwork8 shared operators · same sector
US American Exploration, Inc.Mining & ResourcesSeries A$4.8M$18.5Msame sector · same stage
Equinox Gold Corp.Mining & ResourcesSeries A$4.6M$19.9Msame sector · same stage
Monarch Mining Corporation \ QuebecMining & ResourcesSeries A$4.5M$1.5Msame sector · same stage
SilverCrest Metals Inc.Mining & ResourcesSeries A$5.0M$17.5Msame sector · same stage
Alpha Mining, Inc.Mining & ResourcesSeries A$5.0M$21.9Msame sector · same stage
Deep Sea Rare Minerals, Inc.Mining & ResourcesSeries A$5.0M$12.4Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Almadex Minerals Ltd.Mining & ResourcesPre-Seed$2.7M100%
Almaden Minerals LtdMining & ResourcesSeries A$5.4M89%
Orex Minerals IncMining & ResourcesSeed$1.6M88%
Corex Gold CorpMining & ResourcesSeed$794K85%
Finex Metals Ltd.Mining & ResourcesPre-Seed$722K84%
Metallic Minerals Corp.Mining & ResourcesSeed$7.5M83%
NexGold Mining Corp.Mining & ResourcesSeed$3.3M83%
Silver X Mining Corp.Mining & ResourcesSeed$4.4M83%
Frequently asked
How much funding has Almadex Minerals Ltd raised?
Almadex Minerals Ltd has raised approximately $4.7M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Almadex Minerals Ltd's estimated valuation?
Provath's modeled valuation for Almadex Minerals Ltd is approximately $20.5M (modeled range $6.1M–$111.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Almadex Minerals Ltd at?
Almadex Minerals Ltd's latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Mar 27.
What does Almadex Minerals Ltd do and where is it based?
Almadex Minerals Ltd operates in the Mining & Resources sector, based in VANCOUVER.
Explore related

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