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Eagle Mountain Mining Ltd.
(Sydney:EM2)
Eagle Mountain Mining Ltd. (EM2) vs. iShares MSCI Australia ETF (EWA)
Eagle Mountain Mining Ltd. Business Overview & Revenue Model
Eagle Mountain Mining Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.70K | 94.98K | 46.67K | 1.03K | 0.00 | 45.23K |
| Gross Profit | -345.74K | 94.98K | -789.52K | -603.38K | -582.59K | -398.99K |
| EBITDA | -15.67M | 9.07M | -4.95M | -12.66M | -29.77M | -20.23M |
| Net Income | -15.26M | -15.26M | -6.45M | -13.66M | -30.75M | -19.20M |
Balance Sheet | ||||||
| Total Assets | 4.36M | 4.36M | 18.27M | 18.45M | 24.26M | 20.67M |
| Cash, Cash Equivalents and Short-Term Investments | 1.11M | 1.11M | 3.12M | 2.24M | 11.07M | 9.12M |
| Total Debt | 10.55M | 10.55M | 14.45M | 13.33M | 10.87M | 12.90M |
| Total Liabilities | 10.68M | 10.68M | 15.07M | 13.91M | 12.46M | 14.09M |
| Stockholders Equity | -6.32M | -6.32M | 3.20M | 4.54M | 11.80M | 6.58M |
Cash Flow | ||||||
| Free Cash Flow | -4.03M | -4.03M | -5.22M | -16.61M | -29.73M | -10.03M |
| Operating Cash Flow | -3.72M | -3.72M | -5.09M | -13.08M | -29.23M | -9.91M |
| Investing Cash Flow | -243.60K | -243.60K | 104.25K | -3.54M | -503.10K | -267.31K |
| Financing Cash Flow | 1.95M | 1.95M | 5.87M | 7.68M | 30.93M | 18.71M |
Eagle Mountain Mining Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | ― | ― | -7.78% | ― | ― | ― | |
45 Neutral | AU$5.94M | -4.62 | -13.79% | ― | ― | 36.59% | |
45 Neutral | AU$9.81M | -2.48 | -90.56% | ― | ― | -178.00% | |
41 Neutral | AU$13.85M | ― | ― | ― | ― | -80.38% | |
40 Neutral | AU$14.48M | -10.73 | -61.77% | ― | ― | -45.08% | |
32 Underperform | ― | ― | -76.38% | ― | ― | ― |
Eagle Mountain Mining Ltd. Corporate Events
Eagle Mountain Mining Limited has announced a General Meeting of Shareholders scheduled for January 7, 2026. This meeting is crucial for stakeholders as it will provide further details about the company’s strategic direction and developments, potentially impacting its operations and market positioning.
Eagle Mountain Mining Limited has announced the dispatch of a Prospectus and Entitlement and Acceptance form to eligible shareholders as part of a non-renounceable entitlement offer aimed at raising up to $1.98 million. This move is part of the company’s efforts to strengthen its financial position and support its exploration projects in Arizona, potentially impacting its market presence and stakeholder interests.
Eagle Mountain Mining Ltd. announced an update to its previous proposal regarding the issuance of securities, with a revised timetable now in place. This non-renounceable pro rata issue is part of the company’s strategy to raise capital, potentially impacting its market positioning and providing opportunities for stakeholders to participate in its growth initiatives.
Eagle Mountain Mining Limited has lodged a prospectus with the Australian Securities and Investments Commission (ASIC) for a non-renounceable entitlement offer to raise approximately $1.98 million. This offer allows eligible shareholders to purchase new shares at a price of A$0.009 per share, with additional unlisted options attached. The funds raised are expected to support the company’s ongoing operations and strategic initiatives, potentially strengthening its position in the mining sector.
Eagle Mountain Mining Ltd. has announced a revised timetable for its proposed issue of securities, updating a previous announcement. This update signifies the company’s ongoing efforts to manage its financial operations and secure necessary capital, which could impact its market position and stakeholder interests.
Eagle Mountain Mining Ltd has announced that two of its four exploration permits at the Silver Mountain Project in Arizona have been cancelled due to a failure to submit annual renewal applications. The company has reapplied for these permits, and the process is not expected to impact near-term exploration activities, as their immediate focus is on assisting Nittetsu with due diligence for a potential joint venture at the Oracle Ridge Project, and planned activities are outside the affected areas.
Eagle Mountain Mining Ltd. has announced the issuance of 183,900,000 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code EM2. This move is part of a previously announced transaction, potentially strengthening the company’s capital base and supporting its ongoing operations and growth strategy in the mining sector.
Eagle Mountain Mining Limited has issued 183,900,000 ordinary shares following a placement to sophisticated and institutional investors. This move is part of the company’s ongoing efforts to comply with its regular reporting and disclosure obligations, with no excluded information required to be disclosed under the Corporations Act.
Eagle Mountain Mining Limited has successfully completed a placement raising $1.66 million, supported by both existing and new sophisticated investors. The placement involved the issue of 183.9 million fully paid ordinary shares at a price of $0.009, representing a premium to the company’s recent trading average. This capital raise is expected to bolster the company’s financial position and support its ongoing exploration activities in Arizona.
Eagle Mountain Mining Ltd announced that all resolutions at their Annual General Meeting were passed, including the adoption of the remuneration report, re-election of directors, approval of an employee incentive plan, and an additional placement facility. This successful meeting outcome supports the company’s governance and operational strategies, potentially strengthening its position in the mining industry and reassuring stakeholders of its strategic direction.
Eagle Mountain Mining Ltd. announced a proposed issue of 30 million unlisted options as part of a placement or other type of securities issue. This strategic move is expected to enhance the company’s financial flexibility and support its ongoing exploration and development projects, potentially strengthening its position in the mining industry.
Eagle Mountain Mining Ltd. has announced a proposed issue of securities, including 73,274,294 unlisted options and 219,822,882 ordinary fully paid shares, as part of a standard non-renounceable pro rata issue. This move is expected to bolster the company’s financial position and support its ongoing exploration and development activities, potentially impacting its market standing and offering new opportunities for stakeholders.
Eagle Mountain Mining Ltd. announced a proposed issue of securities, including 61,300,000 unlisted options and 183,900,000 ordinary fully paid shares. This strategic move is aimed at raising capital to support the company’s operations and growth initiatives, potentially strengthening its position in the mining sector.
Eagle Mountain Mining Ltd. has announced a successful capital raising initiative, securing $1.66 million through a placement of 183.9 million shares and planning an additional $1.9 million through a non-renounceable entitlement issue. The funds raised will be allocated towards exploration at the Silver Mountain Project, business development, and general working capital, potentially enhancing the company’s operational capabilities and market positioning.
Eagle Mountain Mining Limited has announced that the suspension of its securities trading will be lifted following a proposed capital raising. This development is expected to impact the company’s operations by potentially increasing its financial resources, thereby influencing its market positioning and stakeholder interests.
Eagle Mountain Mining Ltd. has requested a voluntary suspension of its securities from quotation on the ASX, pending an announcement related to a proposed capital raising. This strategic move aims to facilitate the capital raising process, potentially impacting the company’s financial positioning and operations once the announcement is made.
Eagle Mountain Mining Ltd. has received a non-binding indicative offer from Nittetsu Mining Co., Ltd, a Japanese company, to form a joint venture for the Oracle Ridge Project. Nittetsu aims to earn an 80% interest by contributing US$20 million over four years, with Eagle Mountain being free-carried until this milestone is reached. The agreement is expected to enhance Eagle Mountain’s operations by potentially restarting mining at Oracle Ridge by 2030, and it also includes provisions for debt repayment and acquisition of mineral rights. This partnership could significantly impact Eagle Mountain’s market positioning by leveraging Nittetsu’s expertise and resources.
Eagle Mountain Mining Limited has successfully renegotiated its loan agreement with Vincere Resource Holdings LLC, allowing for a significant discount on early repayment and an extension of repayment deadlines. This renegotiation is part of Eagle Mountain’s broader strategy to secure long-term access to the Oracle Ridge Project and partner with reputable mining companies to advance the project towards production.
Eagle Mountain Mining Limited has entered into a binding option agreement with Marble Mountain Ventures LLC to acquire the Oracle Ridge mine. The agreement grants Eagle Mountain a 12-month exclusive option to purchase the surface and mineral rights of the mine, which includes a Mineral Resource Estimate of 28.2Mt at 1.35% Cu. The deal involves an initial payment of US$1 million upon exercising the option and a final payment of US$9 million before commercial production begins. This strategic move is part of Eagle Mountain’s broader plan to advance the project towards production, potentially enhancing its market position and offering long-term benefits to stakeholders.
Eagle Mountain Mining Ltd. has announced significant developments in its operations in Arizona, including an option agreement to re-acquire the Oracle Ridge mine and a potential joint venture with Nittetsu Mining Co., Ltd. This partnership aims to advance the Oracle Ridge Project, with Nittetsu potentially earning an 80% interest and contributing substantial financial resources. The agreement includes favorable terms for debt extinguishment and project funding, positioning Eagle Mountain to enhance its project portfolio and reduce debt, thereby strengthening its market position and operational capabilities.
Eagle Mountain Mining Ltd. has requested a trading halt on its securities pending the announcement of a significant transaction related to the option to re-acquire the Oracle Ridge Mine and a capital raising effort. This move indicates a strategic initiative to enhance its mining portfolio and financial position, potentially impacting its market standing and stakeholder interests.
Eagle Mountain Mining Limited has provided an update on its operations for the quarter ending September 30, 2025. The company is actively working to maximize the value of its assets in Arizona, particularly through ongoing partnerships and studies at the Silver Mountain and Wedgetail Projects. Negotiations are underway with Vincere Resource Holdings LLC to renegotiate a loan agreement, and discussions continue with Marble Mountain Ventures LLC regarding the Oracle Ridge mine. The company is also exploring new project opportunities and leveraging strong market interest in USA-based mineral projects.
Eagle Mountain Mining Ltd has released its 2025 Corporate Governance Statement, outlining its adherence to the ASX Corporate Governance Council’s principles and recommendations. The company emphasizes its commitment to maintaining high standards of corporate governance, with a framework for managing internal controls and business risks. The Board’s responsibilities include strategic leadership, management oversight, and ensuring effective governance practices. As the company evolves, it plans to review and potentially adjust its governance structures to meet changing needs.
Eagle Mountain Mining Ltd has announced its Annual General Meeting will be held on November 14, 2025, in West Perth, Western Australia. The company will conduct a physical meeting and has provided electronic access to the meeting materials. Shareholders are encouraged to submit proxy voting instructions by November 12, 2025, and updates regarding the meeting will be communicated via ASX announcements and the company’s website.
Eagle Mountain Mining Ltd has released its consolidated financial statements for the year ending June 30, 2025. This announcement highlights the company’s ongoing commitment to transparency and provides stakeholders with insights into its financial health, potentially impacting its strategic positioning in the mining industry.
Eagle Mountain Mining Ltd. has responded to an ASX price query, attributing a recent increase in its share price to a surge in copper prices following a landslide at the Grasberg Mine in Indonesia. The company is currently engaged in ongoing negotiations with Marble Mountain Ventures LLC regarding the Oracle Ridge Mine and is also renegotiating a loan agreement with Vincere Resource Holdings LLC, which have been in progress for nearly a year.