MTX – Metalex Ventures Ltd



Metalex Ventures Ltd is Shariah compliant. The company’s financials pass two standards and fail in three.


Market cap


Revenue Growth


Analysts' Rating


1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Metalex Ventures Ltd. is a Canada-based company, which is principally engaged in the acquisition, exploration, and development of mineral properties. The Company is developing kimberlite-hosted diamond deposits and hard rock metal deposits. The Company’s projects include Wemindji James Bay property, Kyle Lake project, Kyle Lake project, and Attawapiskat property. The Company has a 77.60% contributing interest in various mineral claims located in the Wemindji James Bay region of Quebec for the exploration of diamonds and owns 100% of the non-diamond project. The Company has a 100% earned interest in certain mineral claims located in the Kyle Lake area of Ontario. The Company has paid an advanced reclamation deposit for a potential disturbance on future development at the Kyle Lake project. The Company has an 83.9% working interest (72% earned interest) in certain mineral claims in the Attawapiskat area of Ontario. Its overseas projects are located in South Africa, Morocco, and Mali.

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