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European Metals Holdings Limited
(Sydney:EMH)
European Metals Holdings Limited (EMH) vs. iShares MSCI Australia ETF (EWA)
European Metals Holdings Limited Business Overview & Revenue Model
European Metals Holdings Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 868.87K | 868.74K | 1.10M | 1.10M | 1.10M |
| Gross Profit | 868.87K | 868.74K | 1.12M | 1.16M | 1.17M |
| EBITDA | -289.32K | -988.00K | -4.03M | -5.39M | -2.69M |
| Net Income | -2.50M | -3.36M | -5.93M | -6.80M | -3.96M |
Balance Sheet | |||||
| Total Assets | 35.13M | 37.32M | 39.91M | 36.97M | 25.92M |
| Cash, Cash Equivalents and Short-Term Investments | 3.52M | 4.73M | 8.89M | 19.06M | 7.88M |
| Total Debt | 143.86K | 164.18K | 40.77K | 86.48K | 97.89K |
| Total Liabilities | 795.83K | 835.20K | 6.59M | 1.17M | 637.54K |
| Stockholders Equity | 34.33M | 36.48M | 33.33M | 35.80M | 25.28M |
Cash Flow | |||||
| Free Cash Flow | -2.55M | -3.43M | -1.84M | -2.58M | -2.29M |
| Operating Cash Flow | -2.55M | -3.42M | -1.84M | -2.58M | -2.29M |
| Investing Cash Flow | -11.40M | -11.40M | -8.42M | 0.00 | 0.00 |
| Financing Cash Flow | -43.51K | 10.94M | -48.80K | 13.76M | 10.11M |
European Metals Holdings Limited Technical Analysis
European Metals Holdings 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$126.22M | -9.33 | -0.50% | ― | ― | 12.50% | |
52 Neutral | AU$100.53M | -8.22 | -15.05% | ― | ― | 76.36% | |
47 Neutral | AU$95.68M | -3.83 | -10.46% | ― | -85.84% | 73.66% | |
45 Neutral | AU$39.06M | -33.33 | ― | ― | ― | 96.00% | |
44 Neutral | AU$71.27M | -12.86 | -11.32% | ― | -100.00% | -12.21% | |
43 Neutral | AU$41.44M | -11.22 | -13.86% | ― | ― | -12.34% |
European Metals Holdings Limited Corporate Events
European Metals Holdings has scheduled its next Annual General Meeting for 19 May 2026, at which shareholders will consider the re-election and appointment of directors to the board. The company has set 13 March 2026 as the final deadline for the receipt of director nomination notices, signaling the start of its formal governance and board-refresh process for the coming year, which may influence its strategic direction and oversight.
The most recent analyst rating on (AU:EMH) stock is a Sell with a A$0.28 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has reported the expiry of 100,000 performance rights, designated as EMHAZ and due to expire on March 2, 2026, which lapsed without being exercised or converted. The cessation of these securities slightly reduces the company’s pool of potential equity dilution and clarifies its issued capital position for existing shareholders and market participants.
The announcement formalises the removal of these unexercised rights from the company’s capital structure as at early March 2026. This change may be viewed as a minor housekeeping adjustment, but it provides greater transparency around the company’s outstanding securities and may marginally impact calculations of fully diluted share capital.
The most recent analyst rating on (AU:EMH) stock is a Sell with a A$0.27 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has secured key regional rezoning approval for its flagship Cinovec lithium project in the Ústí nad Labem region, formally defining areas and corridors for mining, processing, utilities, material storage and tailings management. The decision, following an extensive public consultation process, clears a major regulatory hurdle and positions the project to move more quickly toward a final investment decision and eventual production.
The approval builds on substantial government backing, including a Czech grant of up to EUR 360 million and an earlier USD 36 million EU Just Transition Fund grant, underscoring Cinovec’s strategic importance to Europe’s energy transition and electromobility ambitions. With its designation as both an EU Strategic Project and a Czech “Strategic Deposit”, Cinovec benefits from accelerated permitting, enhanced funding eligibility and streamlined regulatory processes, strengthening European Metals’ standing in the continent’s critical raw materials supply chain.
The most recent analyst rating on (AU:EMH) stock is a Sell with a A$0.27 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has applied to the ASX for quotation of 10,811,500 fully paid ordinary shares under its issuer code EMH. The new securities, issued on 30 January 2026 following previously announced transactions, will increase the company’s quoted share capital and may affect its capital structure and liquidity profile for investors.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has issued 10,811,500 fully paid ordinary shares at A$0.32 per share under a previously announced placement, expanding its capital base to support its ongoing activities. The company confirmed that the new shares were issued without a prospectus under the Corporations Act’s cleansing provisions and stated it remains compliant with its financial reporting and continuous disclosure obligations, signalling regulatory transparency to existing and prospective investors.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has significantly advanced its Cinovec Lithium Project in the Czech Republic over the December 2025 quarter, completing a Definitive Feasibility Study that confirms Cinovec as a long-life producer of 37,500 tonnes per annum of battery-grade lithium carbonate, equivalent to about 5.2% of projected EU lithium demand in 2030 and enough for around 1.3 million EV batteries annually. The project’s robust economics, with a pre-tax NPV of US$1.455 billion and a 14.8% pre-tax IRR over the initial 23 years of a 27-year mine life, alongside the approval of up to €360 million in Czech government grant funding and the submission of a full Environmental Impact Assessment, move the development closer to final permitting, financing and investment decision, reinforcing its strategic role under EU critical raw materials and climate transition frameworks. Post quarter-end, the company raised approximately A$3.46 million via a placement to support ongoing project work, managed short-term funding through a $750,000 loan facility to be repaid from the placement proceeds, and reported quarterly cash outflows of $1.22 million mainly tied to the feasibility study, underscoring a period of intensive de-risking and capital mobilisation for the flagship asset.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has released a presentation on its Cinovec lithium project, positioning the asset as a future source of European-sourced lithium to support Europe’s sustainable energy transition and reduce reliance on imported critical raw materials. The company emphasises that the material provided is indicative only, contains unaudited information and forward-looking statements, and should not be treated as an offer of securities or as financial advice, underscoring the high level of risk and uncertainty that still surrounds the project’s development and future performance.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has announced a proposed placement of up to 10,811,500 ordinary fully paid shares, with an expected issue date of 28 January 2026. The capital raising, disclosed via an Appendix 3B filing, is intended to expand the company’s equity base, potentially strengthening its balance sheet and providing additional funding flexibility for ongoing operations and project development, which may influence its future strategic positioning and shareholder dilution once pricing and use of proceeds are detailed.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has secured firm commitments for a A$3.46 million equity placement to high-net-worth and institutional investors at A$0.32 per share, a 13.5% discount to its last closing price, with settlement and trading of the new shares expected late January. The funds will support ongoing development of the Cinovec Lithium Project and general working capital, bolstering the company’s progress following a positive Definitive Feasibility Study that confirmed the project’s economic viability, long operating life, and strategic role as a potential supplier of battery-grade lithium carbonate to Europe’s fast-growing EV and energy storage sectors, while management advances project financing talks and prepares for future off-take agreements.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has requested and been granted a trading halt on its securities on the ASX, pending the release of an announcement regarding a proposed capital raise. The halt will remain in place until either the company issues the capital-raising announcement or normal trading resumes on 22 January 2026, signalling that the company is preparing to secure additional funding that could affect its capital structure and be material for investors.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has formally submitted the full Environmental Impact Assessment for its Cinovec Lithium Project to the Czech Ministry of the Environment, completing a two‑stage environmental approvals process and aligning the permitting work with the project’s Definitive Feasibility Study, which outlines a 26‑plus‑year mine life and expected annual output of around 37,500 tonnes of battery‑grade lithium carbonate. The filing meets a key condition attached to the EU Just Transition Fund grant of CZK 800 million for Cinovec, helping to secure access to substantial public funding and keeping the strategically important European lithium project on schedule to obtain full environmental approval by mid‑2026, a milestone closely watched by investors, local stakeholders and EU policymakers seeking domestic critical mineral supply.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has announced the cessation of 1,000,000 listed options (ASX code EMHAI) that expired unexercised on 31 December 2025. The expiry of these $0.80 options marginally reduces the company’s outstanding potential equity overhang, simplifying its capital structure and clarifying the dilution outlook for existing shareholders.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has issued 187,500 fully paid ordinary shares at an issue price of A$0.20 per share to satisfy fees and interest payable under a loan facility, resulting in a modest equity issuance to service existing debt obligations. The company has confirmed that the shares were issued without a disclosure document under the Corporations Act using the cleansing notice provisions, and that it remains compliant with its financial reporting and continuous disclosure obligations, indicating no undisclosed price-sensitive information for investors at the time of the issue.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has announced the lapse of 100,000 performance rights (ASX code EMHAY) that were due to expire on 20 December 2025 after the conditions attached to those rights were not satisfied or became incapable of being met. The cessation of these conditional securities slightly reduces the company’s potential future share issuance, which may have implications for dilution and incentive structures but does not affect its current issued capital or ongoing operations.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings has completed the Definitive Feasibility Study for its Cinovec Lithium Project, confirming it as a long-life, vertically integrated producer of battery-grade lithium carbonate with planned steady-state output of 37,500 tonnes per year, equivalent to about 5.2% of projected EU demand in 2030 and enough for up to 1.3 million 60kWh EV batteries annually. The study outlines a 26-plus-year mine life supported by substantial JORC resources and reserves, robust project economics at an assumed long-term lithium carbonate price of US$26,000 per tonne, and initial capital expenditure of US$1.72 billion, underpinned by significant Czech and EU grant support; this positions Cinovec as a key strategic asset for Europe’s battery supply chain, enabling the company to progress financing, offtake negotiations and stakeholder engagement while aligning with EU critical raw materials and ESG standards.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited has requested a trading halt in its securities on the ASX pending the release of an announcement related to a Definitive Feasibility Study (DFS). The halt, effective immediately, will remain in place until either the company publishes the DFS-related announcement or the market opens on 24 December 2025, signaling that a potentially significant update on project economics and development plans is imminent for investors and stakeholders.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.
European Metals Holdings Limited, listed on the ASX under the code EMH, has announced a proposed issue of up to 187,500 new fully paid ordinary shares via a placement or similar capital-raising mechanism, with an expected issue date of 23 December 2025. The move will modestly expand the company’s share base and provide additional capital, signalling ongoing funding activity that may support its project pipeline and operational plans, with implications for existing shareholders through potential dilution and for the company’s ability to advance its strategic initiatives.
The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.43 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.