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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 | 401.63K | 401.63K | 62.84K | 37.89K | 25.44K | 17.42K |
| Gross Profit | -243.13K | -570.23K | -35.44K | -11.86K | 16.38K | 9.36K |
| EBITDA | -553.50K | -1.16M | -3.36M | -2.36M | -834.44K | -3.38M |
| Net Income | -583.84K | -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 | 337.66K | -181.29K | -3.78M | -2.03M | -1.54M | -2.60M |
| Operating Cash Flow | 365.82K | -153.13K | -1.15M | -1.28M | -713.60K | -898.79K |
| Investing Cash Flow | -2.45M | -4.98M | -1.88M | -620.87K | -829.70K | -2.40M |
| Financing Cash Flow | -16.42K | 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 |
|---|---|---|---|---|---|---|---|
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$59.16M | ― | -96.79% | ― | ― | -116.67% | |
| ― | AU$53.00M | ― | -49.01% | ― | -100.00% | 19.53% | |
| ― | AU$34.89M | ― | -10.97% | ― | ― | 71.63% | |
| ― | AU$90.37M | ― | -16.71% | ― | ― | -18.92% | |
| ― | AU$44.04M | ― | -15.13% | ― | ― | 23.60% | |
| ― | AU$34.19M | ― | ― | ― | ― | -268.97% |
Everest Metals Corporation Limited Corporate Events
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.
Everest Metals Corporation Limited (EMC) has announced the issuance of 1,050,000 fully paid ordinary shares following the exercise of Employee Performance Rights. This move, conducted without disclosure to investors under the Corporations Act, reflects EMC’s compliance with relevant legislative provisions and indicates transparency in its operations.
Everest Metals Corporation Limited has announced the application for the quotation of 1,050,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its market presence and provide liquidity to its securities, potentially impacting its operational capabilities and stakeholder value positively.
Everest Metals Corporation Ltd is hosting a live webinar to update stakeholders on its key projects in Western Australia, including the Revere Gold Project, Mt Edon Critical Minerals Project, and Mt Dimer Taipan Gold Project. This initiative reflects the company’s commitment to transparency and engagement with investors, potentially enhancing its market position and stakeholder confidence.
Everest Metals Corporation Limited has announced a General Meeting for its shareholders, scheduled for September 17, 2025, in Perth. The company emphasizes the importance of shareholders lodging proxy votes in advance, as all voting will be conducted by poll. The meeting details, including the Notice of Meeting, are available online, and shareholders are encouraged to update their contact information to receive future communications electronically.
Everest Metals Corporation Limited has announced a proposed issue of securities, including 2,500,000 unlisted options exercisable at 15 cents each and another 2,500,000 at 20 cents each, both expiring two years from the date of issue. Additionally, 38,109,667 ordinary fully paid shares are to be issued. This move is aimed at raising capital to support the company’s growth and operational strategies, potentially impacting its market position by increasing its financial resources and investment capabilities.
Everest Metals Corporation Ltd has successfully raised $4 million through a share placement to advance its gold and critical mineral projects in Western Australia. The funds will be used to commence mining development at the Mt Dimer Taipan Gold & Silver Project, expand mineralization at the Revere Gold Project, and progress rubidium extraction at the Mt Edon Critical Minerals Project. This strategic move is expected to deliver long-term value for shareholders and strengthen EMC’s position in the mining industry.
Everest Metals Corporation Ltd (EMC) has announced a trading halt on its securities, pending a significant announcement related to a capital raising. This move suggests potential strategic financial maneuvers that could impact EMC’s market positioning and stakeholder interests. The trading halt is expected to last until the announcement is made or until normal trading resumes on August 12, 2025.
Everest Metals Corporation Limited has received approval from the Western Australia Department of Mines, Petroleum and Exploration to commence mining operations at its Mt Dimer Taipan Gold & Silver Project in Q4 2025. This approval marks a significant milestone in EMC’s strategy to make the project ‘operation-ready,’ with the potential to become a profitable mining operation by 2026. The project, which hosts an inferred mineral resource of gold and silver, will begin as a small-scale open-pit mining operation with ore processed at third-party facilities. EMC is in advanced negotiations with potential partners for mining services, trucking, and toll processing, indicating a strategic move towards operational readiness.
Everest Metals Corporation Ltd has announced promising results from its initial Reverse Circulation (RC) drilling program at the Mt Dimer Taipan Project in Western Australia. The drilling confirmed gold mineralization in previously unexplored areas, suggesting significant potential for further gold systems. With regulatory approvals expected soon and discussions with mining contractors underway, EMC is positioned to commence mining operations by the fourth quarter of 2025, potentially enhancing its market position and offering new opportunities for stakeholders.
Everest Metals Corporation Ltd has made significant progress across its key projects in the quarter ending June 2025. At the Revere Gold Project, a substantial aircore drilling program has identified a promising gold anomaly zone, setting the stage for a maiden JORC Mineral Resource Estimate. The Mt Edon Project has completed an engineering scoping study for rubidium extraction, with plans for pilot plant construction underway, supported by international collaborations and funding efforts. Meanwhile, the Mt Dimer Project is awaiting regulatory approvals to commence mining operations by the end of 2025, with existing mineral resource estimates indicating substantial gold and silver reserves.
Everest Metals Corporation Ltd reported its quarterly cash flow, highlighting a net cash outflow from operating activities of $57,000 and a significant cash outflow from investing activities amounting to $1,128,000. The report indicates a focus on exploration and evaluation, with substantial investments in these areas, which may impact the company’s liquidity and operational strategy moving forward.