TSX-V

Euromax Resources Ltd.

EOX.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.06
Today's Change
+0.00%
Market Cap
$56.24M
Volume
200.00
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

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

💡 Quick Take

Euromax Resources Ltd. focuses on exploring and developing copper and gold mineral rights in Macedonia, with its flagship project being a significant asset. However, the company exhibits financial concerns, notably a negative ROA of -5.9% and an extremely low current ratio of 0.03, indicating potential liquidity issues. While the market cap of $56.24 million suggests some investor interest, the stagnant price at $0.06 raises questions about its valuation and overall market confidence. These factors highlight both the potential for growth in the mining sector and the risks associated with its financial health.

Based on 17 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.10
52 Week Low$0.02
Avg Volume4.10K
Beta0.22
Shares Outstanding937.32M

🔥 Valuation

Market Cap$56.24M
Enterprise Value$85.53M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Limited Cash Runway

Company is burning $501K per quarter with $1.1M in cash. Approximately 2.3 quarters of runway at current burn rate.

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Significant Losses

Company posted a loss of $-6.7M over the last year, representing Infinity% of revenue.

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High Debt Load

Debt of $32.2M is 28.0x the company's cash position of $1.1M.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $2.0M over the last year.

🌟 Opportunities

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No significant opportunities identified

Based on current financial metrics

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