AXVEF Acrex Ventures Ltd featured news, full reports, and detailed charts
Acrex Ventures Ltd (AXVEF/AXVEF.PK) Wrap Up:
Acrex Ventures Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It focuses on gold, platinum group metals, and base metals properties. The company holds interests in the Michaud gold property, located in Ontario; and a 100% interest in the Spanish Mountain property that consists of 8 mineral claims covering approximately 1,350 hectares and is located in northeastern British Columbia. It also holds an option to earn a 100% interest in Don?s Lake property, located in northwestern Ontario. The company was formerly known as Alliance Resources Ltd. and changed its name to Acrex Ventures Ltd. in February 1994. Acrex Ventures was founded in 1969 and is headquartered in Vancouver, Canada.Acrex Ventures Ltd (AXVEF:OTC)
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Market Cap
2.0M
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Total Revenue
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EBITDA
--
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DILUTED EPS TTM
-0.01
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P/E
--
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P/S
--
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Return On Asset
-4.07
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Return On Equity
-8.13
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| K = Thousands M = Millions B = Billions | ||
AXVEF Top Compensated Officers
Executives, Board Directors
Key developments for Acrex Ventures Ltd (AXVEF)
Acrex Ventures Ltd. reported unaudited earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss before other items and income tax was CAD 80,535 compared to CAD 116,050 a year ago. Net loss and comprehensive loss for the period was CAD 67,249 compared to CAD 97,087 a year ago. Cash used in operating activities was CAD 71,228 compared to CAD 20,994 a year ago. For the six months, the company reported loss before other items and income tax was CAD 148,228 compared to CAD 248,562 a year ago. Net loss and comprehensive loss for the period was CAD 127,589 compared to net income and comprehensive income for the period of CAD 122,971 a year ago. Cash used in operating activities was CAD 160,937 compared to CAD 111,937 a year ago. Exploration expenditures amounted to CAD 4,088 compared to CAD 292,868 a year ago.
Acrex Ventures Ltd. announced unaudited earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 60,340 compared to net income and comprehensive income of CAD 220,058 or CAD 0.01 basic and diluted earnings per share per share for the same period a year ago. The company reported loss before income taxes of CAD 60,340 and loss before extraordinary items and income taxes of CAD 67,693 compared to loss before income taxes of CAD 115,442 and loss before extraordinary items and income taxes of CAD 132,512 for the same period a year ago. The company reported net cash used in operating activities of CAD 89,709 and exploration expenditures of CAD 4,088 compared to net cash used in operating activities of CAD 90,943 and exploration expenditure of CAD 232,198 for the same period a year ago.
Acrex Ventures Ltd., Annual General Meeting, Jun 29, 2009, at 11:45 Pacific Daylight. Location: Board Room, 1710-1177 West Hastings St., Vancouver, British Columbia,Canada. Agenda: To receive and consider the report to the shareholders from the Board of Directors; to receiving and considering audited financial statements of the company and the auditor's report thereon; to elect Directors for the ensuing year; to appoint Auditors for the ensuing year; to consider and approve of the company's Stock Option Plan; to consider and approve of Directors' actions and activities during the period since the last shareholders' meeting; and to transact such other business as may properly come before the Meeting or any adjournment thereof .
AXVEF Competitors
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Industry Analysis
| Valuation | AXVEF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.5x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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AXVEF transactions
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