Adex Mining Inc
ADE.CA
$0.00
Closing
0.00
1D
0.00
YTD
Market cap
$2.46M
52 week high
$0.01
52 week low
$0.00
Volume
99,100
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Market cap
$2.46M
Analysts' Rating
-
Price Target (Mean)
-
Total Analysts
0
P/E
Operating Margin
0.00%
Beta
1.14
Revenue Growth (Annual)
-
52 week high
$0.01
52 week low
$0.00
Div. Yield
%
EPS Annual Growth
-100.00
Note on Purification and Zakat
- Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
- If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
- For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Adex Mining Inc. is a Canada-based company. The Company is engaged in developing a polymetallic mine focusing on tin, indium, zinc, molybdenum and tungsten. It holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada (the Property). The Mount Pleasant mine property is approximately 60 kilometer (km) south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium, and zinc in the NZ. Within the mineral rights area, the Company also owns approximately 405 hectares of land, plus the buildings, machinery, equipment and tailings impoundment facility, which comprise the dormant Mount Pleasant mine.
