Top Page
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% | |
52 Neutral | AU$36.51M | -3.09 | -15.13% | ― | ― | 23.60% | |
51 Neutral | AU$110.97M | -9.22 | -49.01% | ― | -100.00% | 19.53% | |
49 Neutral | AU$70.03M | -6.78 | ― | ― | ― | -268.97% | |
48 Neutral | AU$89.34M | -8.97 | -96.79% | ― | ― | -116.67% | |
44 Neutral | AU$32.36M | -21.19 | -10.97% | ― | ― | 71.63% | |
42 Neutral | AU$74.06M | -11.93 | -16.71% | ― | ― | -18.92% |
Everest Metals Corporation Limited Corporate Events
Everest Metals Corporation will distribute a total of A$1.17 million in Junior Minerals Exploration Incentive (JMEI) exploration credits to eligible Australian resident shareholders who participated in two capital raisings between July 2024 and June 2025, which together raised approximately A$6.19 million. Investors in the July 2024 A$2.2 million raising at A$0.10 per share and the December 2024 A$3.993 million raising at A$0.11 per share will each receive exploration credits equivalent to an effective rate of 18.89% of their investment, providing refundable tax offsets for individuals and super funds or additional franking credits for companies, with entitlement statements issued on 19 December 2025; while the scheme does not involve any cash outlay by Everest Metals, it enhances the after-tax appeal of recent equity funding and supports ongoing greenfields exploration by converting the company’s tax losses into shareholder tax benefits.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
Everest Metals Corporation Ltd has announced positive results from its recent RC drilling program at the Mt Dimer Taipan Gold Project. The drilling confirmed high-grade gold mineralisation extending north and south of the Taipan pit, with the resource still open at strike and depth. Sampling from historical heap leach pads further revealed recoverable gold grades, enhancing the project’s potential to generate significant early cash flow. These developments, coupled with the imminent commencement of fully permitted mining operations, de-risk and strengthen EMC’s pathway to production, with implications for resource expansion and operational growth.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
Everest Metals Corporation Ltd has commenced a 7,000-meter aircore drilling campaign at its Revere Gold Project in Western Australia, targeting two key mineralized zones, Big John and Armstrong. This initiative aims to support the delivery of a maiden Mineral Resource Estimate by 2026, enhancing the company’s resource definition and understanding of mineralization geometry, which could significantly impact its operations and market positioning.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
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.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
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.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
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.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
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.
The most recent analyst rating on (AU:EMC) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Everest Metals Corporation Limited stock, see the AU:EMC Stock Forecast page.
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.