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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 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 37.89K | 25.44K | 17.42K | 88.09K | Gross Profit |
| -29.60K | -35.44K | -11.86K | 16.38K | 9.36K | 81.41K | EBIT |
| -1.69M | -1.26M | -1.55M | -868.94K | -3.40M | -1.14M | EBITDA |
| -3.86M | -3.36M | -2.36M | -834.44K | -3.38M | -1.05M | Net Income Common Stockholders |
| -3.89M | -3.40M | -2.41M | -843.50K | -3.39M | -1.06M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 4.21M | 3.07M | 2.16M | 1.55M | 3.09M | 1.08M | Total Assets |
| 14.56M | 10.81M | 9.72M | 7.61M | 8.39M | 5.67M | Total Debt |
| 0.00 | 8.12K | 35.34K | 0.00 | 0.00 | 0.00 | Net Debt |
| -4.18M | -3.06M | -2.10M | -1.55M | -3.09M | -1.08M | Total Liabilities |
| 827.28K | 2.32M | 535.18K | 173.35K | 110.19K | 246.95K | Stockholders Equity |
| 13.73M | 8.49M | 9.18M | 7.43M | 8.28M | 5.43M |
| Cash Flow | Free Cash Flow | ||||
| -1.07M | -3.78M | -2.03M | -1.54M | -2.60M | -1.74M | Operating Cash Flow |
| -1.07M | -1.15M | -1.28M | -713.60K | -898.79K | -610.89K | Investing Cash Flow |
| -3.45M | -1.88M | -620.87K | -829.70K | -2.40M | -1.13M | Financing Cash Flow |
| 5.87M | 3.93M | 2.51M | 1.12K | 5.31M | 2.50M |
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 |
|---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
31 Underperform | AU$33.62M | ― | -30.71% | ― | ― | -55.70% | |
| $11.53M | ― | -53.93% | ― | ― | ― | ||
| $50.61M | ― | -15.36% | ― | ― | ― | ||
35 Underperform | AU$73.08M | ― | -27.89% | ― | ― | 55.31% | |
28 Underperform | AU$2.37M | ― | -18.61% | ― | ― | -336.36% | |
| ― | ― | ― | ― |
Everest Metals Corporation Limited Corporate Events
Everest Metals Corporation Ltd has partnered with CSIRO to conduct advanced studies on rubidium, lithium, and caesium at their Mt Edon Project in Western Australia. This collaboration, supported by a $50,000 CSIRO Kick-Start Program voucher, aims to improve mineral recovery processes and enhance exploration strategies. The project is expected to last nine months and will provide Everest with critical data to target high-potential exploration areas, strengthening their position in the critical minerals market.
Everest Metals Corporation Ltd has made significant progress in its various mining projects during the quarter ending March 2025. At the Revere Gold Project, the company has commenced a 6,000m drilling campaign and completed the commissioning phase of its bulk sampling program, aiming for an initial JORC Mineral Resource Estimate by late Q2 2025. In the Mt Edon Critical Mineral Project, EMC has filed a provisional patent for Direct Rubidium Extraction and is advancing its metallurgical research in collaboration with Edith Cowan University. The Mt Dimer project has seen the submission of a mining proposal and the granting of a vegetation clearing permit, with mining expected to commence in Q2 2025. Additionally, the company received a $128K R&D cash refund and distributed $0.7m in exploration credits to shareholders.
Everest Metals Corporation Limited reported its quarterly cash flow, highlighting a net cash inflow from operating activities but a significant cash outflow in investing activities, primarily due to exploration and evaluation expenses. The company also noted a positive cash flow from financing activities, indicating a strong capital position to support its exploration endeavors.
Everest Metals Corporation Ltd has initiated a 6,000-meter aircore drilling campaign at its Revere Gold Project in Western Australia, aiming to explore a potential 7km strike length of gold-mineralized systems. This strategic move is part of the company’s broader plan to enhance geological insights and unlock the full value of the Revere Reef system, with drilling expected to conclude by mid-April 2025 and assay results anticipated by the end of May 2025.
Everest Metals Corporation Limited has announced significant advancements in its projects, including a breakthrough in rubidium extraction at Mt Edon and plans to fast-track the Mt Dimer gold project to production. These developments are poised to enhance the company’s operational capabilities and strengthen its position in the mining industry, potentially benefiting stakeholders through increased resource extraction and production efficiency.
Everest Metals Limited is hosting a live webinar to update stakeholders on its recent activities, specifically focusing on its projects in Western Australia. The webinar, led by COO Simon Phillips, will cover the Revere Gold Project, Mt Edon Critical Mineral Project, and Mt Dimer Gold Project, providing insights into the company’s operations and potential impacts on its market positioning.
Everest Metals Corporation Limited has released its interim financial report for the half-year ended 31 December 2024. This report provides insights into the company’s financial performance and position, reflecting its ongoing operations and strategic direction. The release of this report is crucial for stakeholders as it outlines the company’s financial health and can impact its market positioning and investor confidence.
Everest Metals Corporation Ltd has successfully filed a provisional patent application for a new rubidium extraction process at its Mt Edon Critical Mineral Project, securing intellectual property rights and marking a significant advancement in their extraction technology. This development not only enhances the company’s operational capabilities but also strengthens its position in the market by offering a more efficient and environmentally friendly method of rubidium recovery, potentially attracting new partnerships and funding opportunities.
Everest Metals Corporation Limited has successfully commenced gold recovery at its Revere Gold Project in Western Australia, marking a significant milestone. The achievement not only underscores the company’s understanding of the gold mineralization but also contributes to cash flow amid high gold prices, supporting ongoing activities across its portfolio.
Everest Metals Corporation Ltd has successfully extracted its first gold from the bulk sampling commissioning phase at the Revere Gold Project in Western Australia. This milestone supports the company’s understanding of the gold mineralization and is expected to contribute to converting their Exploration Target into a JORC Code Mineral Resource Estimate. The project is significant as it allows EMC to capitalize on high gold prices, generating cash flow for future operations. The bulk sampling and processing activities are anticipated to complete by Q2 2025, marking a critical step in evaluating the resource potential of the Revere Reef gold system.