TSX-V

East Africa Metals Inc.

EAM.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.07
Today's Change
-12.50%
Market Cap
$18.83M
Volume
0.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

East Africa Metals Inc. is a mineral exploration company focused on acquiring and developing base and precious mineral resources in the Federal Democratic Republic of Ethiopia. The company has a low debt-to-equity ratio of 0.05, indicating strong financial stability, but its negative return on equity (-5.0%) and return on assets (-3.1%) raise concerns about profitability. The current ratio of 1.40 suggests adequate liquidity, but the recent 12.50% drop in share price may reflect market skepticism about its growth prospects. Overall, while the company has a solid balance sheet, its financial performance needs improvement.

Based on 19 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.14
52 Week Low$0.07
Avg Volume33.04K
Beta0.58
Shares Outstanding268.97M

🔥 Valuation

Market Cap$18.83M
Enterprise Value$18.36M
P/E Ratio-1.21
EV/EBITDA ⚠️-13.50x
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-2.7M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.5M over the last year.

🌟 Opportunities

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Fortress balance sheet: cash covers total debt 6.3×, providing significant financial flexibility.

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