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Everest Metals Corporation Limited
(Sydney:EMC)
Everest Metals Corporation Limited (EMC) vs. iShares MSCI Australia ETF (EWA)
Everest Metals Corporation Limited Business Overview & Revenue Model
Everest Metals Corporation Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 442.03K | 401.63K | 62.84K | 37.89K | 25.44K | 17.42K |
| Gross Profit | -254.69K | -570.23K | -35.44K | -11.86K | 16.38K | 9.36K |
| EBITDA | -1.16M | -1.16M | -3.36M | -2.36M | -834.44K | -3.38M |
| Net Income | -1.20M | -1.20M | -3.40M | -2.41M | -843.50K | -3.39M |
Balance Sheet | ||||||
| Total Assets | 15.01M | 15.01M | 10.81M | 9.72M | 7.61M | 8.39M |
| Cash, Cash Equivalents and Short-Term Investments | 2.11M | 2.11M | 3.12M | 2.45M | 1.55M | 3.09M |
| Total Debt | 9.90K | 9.90K | 8.12K | 35.34K | 0.00 | 0.00 |
| Total Liabilities | 1.66M | 1.66M | 2.32M | 535.18K | 173.35K | 110.19K |
| Stockholders Equity | 13.35M | 13.35M | 8.49M | 9.18M | 7.43M | 8.28M |
Cash Flow | ||||||
| Free Cash Flow | -181.30K | -181.29K | -3.78M | -2.03M | -1.54M | -2.60M |
| Operating Cash Flow | -153.13K | -153.13K | -1.15M | -1.28M | -713.60K | -898.79K |
| Investing Cash Flow | -3.72M | -4.98M | -1.88M | -620.87K | -829.70K | -2.40M |
| Financing Cash Flow | 2.08M | 4.17M | 3.93M | 2.51M | 1.12K | 5.31M |
Everest Metals Corporation Limited Technical Analysis
Everest Metals Corporation Limited 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% | |
55 Neutral | AU$67.68M | ― | -96.79% | ― | ― | -116.67% | |
52 Neutral | AU$96.62M | ― | -49.01% | ― | -100.00% | 19.53% | |
44 Neutral | AU$32.21M | -20.34 | -10.97% | ― | ― | 71.63% | |
39 Underperform | €90.37M | ― | -16.71% | ― | ― | -18.92% | |
32 Underperform | AU$38.66M | -2.65 | -15.13% | ― | ― | 23.60% | |
28 Underperform | AU$55.17M | -5.61 | ― | ― | ― | -268.97% |
Everest Metals Corporation Limited Corporate Events
Everest Metals Corporation Limited has announced a change in the director’s interest notice involving Mark Victor Caruso. The change involves the exercise of 1,300,000 performance rights into ordinary shares, reflecting a shift in the director’s indirect interest in the company. This adjustment in shareholding could potentially impact the company’s governance and stakeholder interests.
Everest Metals Corporation Limited announced the issuance of 1,300,000 fully paid ordinary shares following the exercise of Employee Performance Rights. This move, conducted without disclosure under the Corporations Act, signifies the company’s compliance with relevant legal provisions and reflects its ongoing commitment to enhancing shareholder value and operational transparency.
Everest Metals Corporation Ltd has announced the application for quotation of 1,300,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). These securities are issued under an employee incentive scheme and are not subject to transfer restrictions, which could potentially enhance liquidity and employee engagement. This move signifies the company’s efforts to strengthen its market position and incentivize its workforce, potentially impacting its operational dynamics and stakeholder interests.
Everest Metals Corporation Ltd has announced promising interim results from its Phase 2 drilling program at the Mt Edon Critical Mineral Project, confirming high-grade rubidium mineralization with a peak assay of 0.79% Rb₂O. The company is advancing towards a resource upgrade, with significant metallurgical and recovery test work underway, and aims to submit a mining proposal by late Q1 2026. These developments position Everest Metals as a potential leader in rubidium production in Australia, with implications for stakeholders as the project progresses towards becoming the country’s first rubidium-producing operation.
Everest Metals Corporation Limited announced the results of its Annual General Meeting held on November 26, 2025. All resolutions were passed, including the adoption of the remuneration report, re-election of a board member, and approval of various mandates and share issues. These outcomes reflect strong shareholder support and are expected to positively impact the company’s governance and operational strategies.
Everest Metals Corporation Ltd has secured a co-funded drilling grant from the Western Australian Government’s Exploration Incentive Scheme for its Mt Dimer Gold Project. This grant will cover up to 50% of drilling costs, capped at A$90,000, and is expected to accelerate the company’s exploration efforts to uncover further gold and silver mineralization. The grant’s competitive nature highlights the project’s strong potential and aligns with Everest’s strategy to enhance its resource portfolio in Western Australia. The drilling program is set to commence in the first half of 2026, with the aim of testing mineralization extensions and advancing innovative exploration concepts in underexplored areas.
Everest Metals Corporation Limited has announced its upcoming Annual General Meeting, scheduled for November 26, 2025, in Perth. Shareholders are encouraged to lodge proxy forms and submit questions in advance, with the company providing online resources for accessing meeting documents and voting. This meeting is significant for stakeholders as it outlines the company’s future direction and governance, ensuring shareholder engagement and compliance with corporate regulations.
Everest Metals Corporation Ltd has entered into a Right to Mine Agreement with MEGA Resources Pty Ltd to commence mining at the Mt Dimer Taipan Gold & Silver Project in Western Australia. This agreement, which involves no upfront funding from EMC, will see MEGA and Bain Global Resources provide up to $18.6 million in financing, manage all mining operations, and share profits equally with EMC. The project is fully permitted and scheduled to begin mining in November 2025, with ore processing set to start in March 2026. This strategic move allows EMC to leverage current high gold and silver prices and potentially fund future projects without shareholder dilution.
Everest Metals Corporation Limited reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $158,000 and a significant investment in exploration and evaluation activities amounting to $865,000. The company successfully raised $4 million through the issuance of equity securities, which bolstered its financing activities and could support future exploration and development efforts.
Everest Metals Corporation Ltd made significant strides in the quarter ending September 2025, with key developments in its gold and critical minerals projects. The company secured mining approvals and funding for the Mt Dimer Taipan Gold Project, commenced resource upgrade drilling at the Mt Edon Critical Minerals Project, and raised $4 million to support ongoing activities. Post-quarter, EMC expanded its Revere Gold Project through a strategic acquisition and signed an MOU with Arlington Innovation Partners to pursue U.S. funding for Mt Edon. These advancements position EMC to enhance its operational capabilities and strengthen its market presence in the mining sector.
Everest Metals Corporation Ltd has signed a Memorandum of Understanding with Arlington Innovation Partners to access U.S. funding and partnerships for its Mt Edon Critical Minerals Project. This collaboration aims to secure non-dilutive financing and strategic partnerships to enhance the development of the Mt Edon project, positioning it as a significant source of rubidium supply. The partnership also supports U.S.-Australia critical minerals collaboration, potentially benefiting stakeholders by mitigating global supply chain disruptions and enhancing supply chain security.
Everest Metals Corporation Limited, a company listed on the Australian Securities Exchange (ASX: EMC), has announced the schedule for its upcoming Annual General Meeting (AGM) to be held on 26 November 2025. The company has set 22 October 2025 as the deadline for receiving nominations for director positions, indicating a structured approach to governance and shareholder engagement. This announcement is a routine part of corporate governance, ensuring transparency and providing stakeholders with the opportunity to participate in the company’s leadership selection process.
Everest Metals Corporation Limited has announced the issuance of unquoted equity securities, with a total of 5 million securities set to be issued. These securities, which are part of a previously announced transaction, have specific expiry dates and exercise prices, indicating a strategic financial maneuver to support the company’s operations and future growth.
Everest Metals Corporation Limited has successfully completed a share placement, issuing over 38 million new shares to professional and sophisticated investors at $0.105 per share, raising $4 million in gross proceeds. This strategic financial move, approved by shareholders, is expected to bolster the company’s capital structure, potentially enhancing its operational capabilities and market competitiveness.
Everest Metals Corporation Limited has announced the quotation of 38,109,667 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of September 26, 2025. This move is part of a previously announced transaction, potentially enhancing the company’s financial flexibility and market presence.
Everest Metals Corporation Limited has released its corporate governance statement for the financial year ending June 30, 2025. The statement, approved by the board and available on the company’s website, outlines the extent to which the company has adhered to the ASX Corporate Governance Council’s recommendations. This disclosure is part of the company’s compliance with ASX Listing Rules, ensuring transparency and accountability in its governance practices.
Everest Metals Corporation Limited has released its Corporate Governance Statement, highlighting its commitment to effective governance practices that enhance company performance and benefit stakeholders. The company reviews its governance practices annually, aligning them with the latest ASX Corporate Governance Principles and Recommendations. This approach ensures transparency and adaptability as the company evolves, with a focus on maintaining solid management and oversight foundations.
Everest Metals Corporation Ltd has released its annual report for the year ending June 30, 2025. The report provides insights into the company’s operations, financial performance, and strategic direction. This annual report is crucial for stakeholders as it outlines the company’s achievements, challenges, and future plans, potentially impacting its market position and investor confidence.
Everest Metals Corporation Limited held a General Meeting on 17 September 2025, where all resolutions were successfully passed through a poll. The resolutions included the ratification of prior issues of shares and options and approval for new share and option issuances, indicating strong shareholder support for the company’s strategic initiatives. This outcome is likely to bolster EMC’s operational capabilities and enhance its market position in the resource sector.
Everest Metals Corporation Ltd has initiated a 2,500-meter drilling program at its Mt Edon Critical Minerals Project in Western Australia, targeting the expansion and upgrade of its rubidium resources. This effort aims to enhance resource confidence and scale, positioning EMC as a leader in the emerging rubidium industry. The project, which also explores cesium potential, is strategically aligned with EMC’s recent membership in the U.S. Defence Industrial Base Consortium, potentially unlocking non-dilutive funding and strategic partnerships. The drilling is expected to conclude within two weeks, with results anticipated in November 2025.