Diligence memo · auto-generated · as of July 3, 2026
Almadex Minerals Ltd
Almadex Minerals Ltd looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Almadex Minerals Ltd operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Almadex Minerals Ltd has raised $4.7M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.7M on 2018-03-27.
Most recent recorded round closed around 2018-03-27.
Valuation (modeled)modeled
Provath models Almadex Minerals Ltd at approximately $21M (range $6.1M–$112M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 69% of Mining & Resources peers (701 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Orca Gold Inc., Mines.Io Inc., Pershing Gold Corp., Halo Exploration Ltd., Ocean Minerals, LLC.
Peoplefiled
8 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.