Latest revenue
—
as of 2021-12-31
Latest net income
$-60.9K
as of 2021-12-31
Net margin
—
as of 2021-12-31
ActaClear Score
Computed from 5 years of SEC fundamentals + latest market data, ranked within Metal Mining (53 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 6, 2026.
Community sentiment
Where do you think ADMG is heading?
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $10.3M
- Enterprise value
- $10.5M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- 297.75×
- Dividend yield
- 0.0%
- 52-wk high
- $0.24
- 52-wk low
- $0.00
- Beta
- —
- Shares out
- 87.1M
5-year trend
What this company does
Adamant DRI Processing & Minerals Group is a Nevada-incorporated shell company with no operations, no employees, and nominal assets after discontinuing all prior businesses in March 2019. It generates no revenue and posted a $71,843 net loss in 2022, with auditors flagging substantial doubt about its ability to continue as a going concern. The sole strategy is hunting for a reverse merger with a private company, though no target has been identified and any deal would heavily dilute existing shareholders.
Generated from ADMG's filing dated 2023-04-18
Key risks
- Going concern doubt: $9.55M accumulated deficit, $37,174 working capital deficit, and $71,843 net loss in 2022 with zero revenue.
- Blank-check shell with no acquisition target identified; Rule 419 escrow requirements could deter potential reverse-merger candidates entirely.
- Extreme dilution risk: any acquisition will likely leave current shareholders with a 'substantially lesser' ownership stake and management replaced.
Generated from ADMG's filing dated 2023-04-18
Profitability
Return on equity
92.1%
Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q3 2023 2023-09-30 | — | — | $-11.0K | — | — |
Q2 2023 2023-06-30 | — | — | $-21.8K | — | — |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Metal Mining · SIC 1000
Your notes
Keep private notes on ADMG — thesis, target price, catalysts to watch.
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Insider activity
No insider transactions on file for ADMG in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns ADMG
No institutional holdings on file for ADMG yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
- 1
With a $37,174 working capital deficit and $71,843 annual loss, how long can ADMG remain solvent without dilutive financing?
- 2
Given no employees and Dr. Eastland working only part-time, what concrete reverse-merger candidates have you evaluated in the past 12 months?
- 3
How will Rule 419 blank-check constraints and the $9.55M accumulated deficit affect terms target companies are willing to accept?
Refreshed when ADMG files a new report · last from 2023-04-18
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