Empire Resources Limited (ERL) AI Stock Analysis

• Market Cap: AU$4.45M
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): ―
• Beta (1Y): N/A
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.00
• Shares Outstanding: N/A
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: ―

Empire Resources Limited's overall stock score is constrained by significant financial challenges, including declining revenues and operational inefficiencies. The strong equity position provides some stability, but liquidity concerns remain. Technical analysis is neutral due to insufficient data, adding uncertainty to the stock's potential performance. The absence of valuation, earnings call, and corporate events data suggests a cautious outlook.

Empire Resources Limited Business Overview & Revenue Model

Company Description

Empire Resources Limited engages in the exploration and development of mineral properties in Australia. It primarily explores for gold, copper, zinc, lead, and silver deposits. The company holds 100% interests in the Yuinmery copper-gold project that includes six granted tenements, two mining, and four explorations covering an area of 106.7 square kilometers situated in the Mid-West region of Western Australia; the Penny's gold project located to the east of Kalgoorlie, Western Australia; the Barloweerie project comprising one granted exploration license and three exploration tenements covering an area of 533 square kilometers situated in Murchison District of Western Australia; and the Nanadie project covering an area of 127.3 square kilometers located to the east of Meekatharra, Western Australia. The company was incorporated in 2000 and is headquartered in Nedlands, Australia.

How the Company Makes Money

Empire Resources Limited generates revenue through the exploration and extraction of mineral resources, specifically gold and copper. The primary revenue streams include the sale of extracted minerals to domestic and international markets, leveraging fluctuations in commodity prices to maximize returns. The company may also enter into joint ventures or partnerships with other mining firms to optimize resource extraction and minimize operational costs, thereby enhancing profitability. Additionally, Empire Resources may receive income from the sale of exploration rights or royalties from projects where they hold a minority interest.

Empire Resources Limited Financial Statement Overview

Summary

Empire Resources Limited faces significant financial challenges. The income statement reflects declining revenues and persistent losses, while the balance sheet shows a strong equity position with no leverage but declining equity levels. The cash flow statement indicates operational inefficiencies and liquidity challenges. The company needs to address its revenue generation and operational efficiency to improve its financial health and restore shareholder value.

Income Statement

Empire Resources Limited's revenue has shown a significant decline over the years, with a notable drop in 2024 to $6,300 from $20,000 in 2023. The company has consistently posted negative EBIT and net income, reflecting operational challenges and inefficiencies. The gross profit margin remains flat as total revenue matches gross profit due to no cost of goods sold, indicating potential issues with cost structure or revenue recognition. Overall, the income statement reveals weak profitability and declining revenue trends.

Balance Sheet

The balance sheet shows a relatively stable financial position with no debt in the recent periods, resulting in a strong equity position. The debt-to-equity ratio is 0, indicating no financial leverage, which reduces financial risk but may limit growth potential. The equity ratio is favorable at 76% for 2024, suggesting a strong reliance on equity financing. However, the declining stockholders' equity over recent years indicates potential erosion of shareholder value.

Cash Flow

Cash flow analysis reveals negative operating cash flows, indicating potential liquidity issues. Despite no capital expenditures, the free cash flow remains negative, signaling operational inefficiencies. The operating cash flow to net income ratio is negative, reflecting a disconnect between earnings and cash generation. Financing activities have provided some relief, but the consistent negative free cash flow highlights the need for improved cash management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.19K	0.00	6.30K	20.00K	207.47K	262.08K
Gross Profit	6.19K	0.00	6.30K	20.00K	194.65K	239.92K
EBITDA	-396.68K	0.00	-953.55K	-1.41M	-2.62M	-941.62K
Net Income	-878.81K	-1.11M	-985.41K	-1.42M	-2.65M	-1.08M
Balance Sheet
Total Assets	635.76K	511.49K	803.95K	1.04M	2.04M	5.15M
Cash, Cash Equivalents and Short-Term Investments	563.33K	466.88K	773.24K	1.02M	1.86M	4.71M
Total Debt	301.23K	616.55K	0.00	0.00	0.00	1.60M
Total Liabilities	494.79K	1.01M	189.97K	136.68K	181.63K	2.10M
Stockholders Equity	140.97K	-497.94K	613.98K	904.85K	1.85M	3.04M
Cash Flow
Free Cash Flow	-918.23K	-896.37K	-945.05K	-1.33M	-2.65M	-1.97M
Operating Cash Flow	-918.23K	-896.37K	-945.05K	-1.33M	-2.65M	-1.97M
Investing Cash Flow	0.00	0.00	0.00	20.00K	3.21M	1.46M
Financing Cash Flow	1.02M	600.00K	694.54K	474.15K	-36.20K	1.24M

Empire Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ERL	51 Neutral	AU$4.45M	―	-1916.49%	―	―	―
ZEU	43 Neutral	AU$11.48M	―	-75.69%	―	―	-141.67%
GGE	38 Underperform	AU$8.46M	―	-4.05%	―	12.37%	66.67%
TEG	34 Underperform	AU$6.57M	―	―	―	―	―
MMR	33 Underperform	AU$9.16M	―	2.27%	―	―	―

Empire Resources Limited Corporate Events

Empire Resources Director Increases Shareholding

Empire Resources Limited has announced a change in the director’s interest, with Michael Ruane acquiring an additional 1,798,074 fully paid ordinary shares through on-market purchases. This increases his total holdings to 558,485,912 shares, reflecting a strategic move to strengthen his position within the company and potentially influence its future direction.

Empire Resources Confirms High-Grade Copper at Yuinmery Project

Empire Resources Limited announced the completion of two drilling campaigns at its Yuinmery Project, confirming the extension of copper mineralization at the YT01 and YT12 prospects. The drilling results revealed high-grade copper intersections, which could enhance the company’s resource base and strengthen its position in the mining industry, potentially offering promising returns for stakeholders.

Empire Resources Reports Promising Drilling Results at Yuinmery Project

Empire Resources Limited has announced the final assay results from its recent reverse circulation drilling program at the Yuinmery Copper-Gold Project in Western Australia. The results indicate multiple intervals of copper-gold mineralization, suggesting promising prospects for the project’s development. This update reinforces Empire’s strategic focus on enhancing its resource base, potentially strengthening its position in the copper-gold mining sector and offering positive implications for stakeholders.

Empire Resources Director Increases Shareholding

Empire Resources Limited has announced a change in the director’s interest, with Michael Ruane acquiring an additional 6,000,000 fully paid ordinary shares through on-market purchases, increasing his total holdings to 556,687,838 shares. This acquisition reflects a strategic move by the director, potentially signaling confidence in the company’s future prospects and stability, which could have implications for stakeholders and market perception.

Empire Resources Reports Promising Drilling Results at Yuinmery Project

Empire Resources Limited has announced the final assay results from its recent slim line reverse circulation drilling program at the Yuinmery Copper-Gold Project. The results confirm the extension of mineralization at the YT01 prospect, with significant high-grade copper intersections at various locations. The company has completed follow-up drilling, with results pending, indicating ongoing exploration efforts that could enhance its resource base and strengthen its position in the copper-gold mining sector.

Empire Resources Limited Releases Interim Financial Report for 2024

Empire Resources Limited has released its interim financial report for the period ending December 31, 2024. The report includes key financial statements such as the condensed consolidated statement of profit or loss, financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance during the interim period.