SMXMF Samex Mining Corp featured news, full reports, and detailed charts
Samex Mining Corp (SMXMF/SMXMF.OB) Wrap Up:
Samex Mining Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in South America. It explores for gold, silver, copper, molybdenum, and zinc properties in Chile and Bolivia. The company, formerly known as Paragon Resources, Ltd., was incorporated in 1967 and is based in Abbotsford, Canada.Samex Mining Corp (SMXMF:OTC Bulletin Board Market)
Snapshot of Samex Mining Corp (SMXMF)
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OPEN
$0.35
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PREVIOUS CLOSE
$0.36
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DAY HIGH
$0.38
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DAY LOW
$0.32
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52 WEEK HIGH
11/11/09 - $0.44
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52 WEEK LOW
03/23/09 - $0.09
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MARKET CAP
32.2M
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AVERAGE VOLUME 3 mo
141.4K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
92.1M
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SMXMF Does Not Pay Dividends
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P/E TTM
NM
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SMXMF Top Compensated Officers
Executives, Board Directors
Key developments for Samex Mining Corp (SMXMF)
Samex Mining Corp. has completed the final option payment ($35,477) under the 'Araya Option' to acquire the Providencia Mine concessions situated within the greater INCA project area. These concessions cover one of the stronger mineralized areas identified during phase I exploration at the INCA project including the Providencia copper breccia pipe, a swarm of sheeted veins, and other tourmalinized/silicified breccia bodies and pipes. With this acquisition and its other land holdings, SAMEX holds what it considers to be the most prospective and strategic concessions within the INCA project area.
Samex Mining Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net loss from operations of CAD 278,368, net loss of CAD 278,368 or CAD 0.01 basic and diluted per share and net cash used in operating activities of CAD 304,411 against net loss from operations of CAD 451,646, net loss of CAD 451,646 or CAD 0.01 basic and diluted per share and net cash used in operating activities of CAD 446,783 for the same period a year ago. For the six months, the company reported net loss from operations of CAD 421,987, net loss of CAD 385,543 or CAD 0.01 basic and diluted per share and net cash used in operating activities of CAD 382,096 against net loss from operations of CAD 568,165, net loss of CAD 568,165 or CAD 0.01 basic and diluted per share and net cash used in operating activities of CAD 611,790 for the same period a year ago.
Samex Mining Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported net loss of CAD 107,175 or CAD 0.01 per basic and diluted share against net loss of CAD 116,519 or CAD 0.01 per basic and diluted share for the same period a year ago. Net loss from operations was CAD 143,619 against net loss from operations was CAD 116,519 for the same period a year ago. Comprehensive loss of CAD 107,129 against comprehensive loss of CAD 107,949 for the same period a year ago. Net cash used in operating activities was CAD 77,685 against CAD 165,007 for the same period a year ago.
SMXMF Competitors
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Industry Analysis
| Valuation | SMXMF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 3.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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SMXMF |
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SMXMF transactions
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Private Placement
June 22, 2009 |
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More Recent News About Samex Mining Corp
More news for SMXMF
SAMEX Mining Corp.: Final Payment Completed to Acquire Providencia Mine Concessions-Inca Project, Chile
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 10/02/09) - SAMEX Mining Corp. (TSX-V:SXG - News)(OTC.BB:SMXMF - News) - SAMEX has completed the final option payment (US$35,477) under the "Araya Option" to acquire the Providencia Mine concessions situated within the greater INCA project area. These concessions cover one of the stronger mineralized areas identified during phase I exploration at the INCA project including the Providencia copper breccia pipe, a swarm of sheeted veins, and other tourmalinized/silicified breccia bodies and pipes. With this acquisition and its other land holdings, SAMEX holds what it considers to be the most prospective and strategic concessions within the INCA project area.Final option payments have not been made on three other options to acquire concessions at INCA (US$1,038,500 re Minera Porvenir Option; US$80,000 re Parra Option; and US$150,000 re Rojas Option). The Company has determined that, in light of economic and copper market conditions, exploration results to date on these concessions and other factors, these expenditures are not justified at this time.Efforts to joint-venture or sell the INCA area copper project will continue as the Company maintains its focus o...Click here to read the whole Article (external link)
SAMEX Mining Corp.: "Los Zorros Gold Property Overview" Video-Gram
ABBOTSFORD, BRITISH COLUMBIA--(Marketwire - 09/18/09) - A new video-gram entitled "Los Zorros Gold Property Overview" has been added to the SAMEX (TSX-V:SXG - News)(OTC.BB:SMXMF - News) website at www.samex.com. The video-gram utilizes maps, photographs and graphics to provide a brief overview of the Company's Los Zorros property in Chile. The Los Zorros Property covers approximately 80 square kilometers of an old mining district of numerous small, gold, silver and copper mines and showings. This single property holding hosts a number of highly prospective project areas such as the "Nora Project", the "Cinchado Project", the "Milagro Pampa Project" and the "Milagro Project" that are being explored for gold deposits by SAMEX. Each of these targets represent an important separate project area for SAMEX. In addition, numerous other mineralized areas, which have yet to be rigorously investigated and explored, have also been identified within the property position and in close vicinity to these major gold targets. The "Lo...Click here to read the whole Article (external link)
SAMEX Mining Corp.: Introducing "Video-Grams"
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
SAMEX Mining Corp.: Stock Options Granted
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
SAMEX Mining Corp.: Private Placement Completed
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
SAMEX Mining Corp.: Private Placement
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
SAMEX Mining Corp.: Private Placement Completed
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
SAMEX Mining Corp.: Exploration Program Underway-Los Zorros Gold Project, Chile
ABBOTSFORD, BRITISH COLUMBIA--(Marketwire - March 25, 2009) - SAMEX (TSX VENTURE:SXG - News; OTCBB:SMXMF - News) has resumed exploration work at its Los Zorros gold project in Chile. The work will build upon and advance the numerous quality targets identified during the Phase I program, with particular focus on the Company's high-grade gold discovery within the Nora target area (previously reported in News Releases No. 2-05, No. 8-05, No. 9-05). SAMEX will also advance the Cinchado target area that includes the old San Pedro gold mine (see Target IV in News Release No. 1-04). The Los Zorros project encompasses a large (80 square kilometers), highly prospective district of historic gold workings/mines. As reported in previous news releases, Phase I exploration yielded significant results including: - Nora - DDH-N-04-05, 15.96 g/mt gold over 7.66 meters (0.51 oz/mt gold over 25.12 ft.) - trenches TN-9 0.757 g/mt gold over 131 meters, TN-3 0.558 g/mt gold over 117 meters - Milagro - DDH-ML-04-01, 2.579 g/mt gold over 4.4 meters. - West Florida - trench TMW-10, 0.405 g/mt gold over 138 meters. - Cinchado - values...Click here to read the whole Article (external link)
