Diligence memo · auto-generated · as of July 2, 2026
Idex Metals Corp.
Idex Metals Corp. looks under-valued against its niche peers and is active on financing cadence.
Businessfiled
Idex Metals Corp. 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
Idex Metals Corp. has raised $689K in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $517K on 2025-04-10.
Most recent recorded round closed around 2025-05-30.
Valuation (modeled)modeled
Provath models Idex Metals Corp. at approximately $354K (range $109K–$903K). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.57× the median modeled value of Pre-Seed Mining & Resources companies in 2025–2027 (85 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 2 months.
Last raise 13 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 3.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 26% of Mining & Resources peers (701 compared).
Modeled value ranks above 10% of those peers.
Closest niche peers: Silver Creek Investors, LLC /WI/, Viridian Metals Inc., Gold Candle Ltd., Argenta Silver Corp., Relevant Gold Corp..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.