East Africa Metals Inc (TSE:EAM)
:EAM
Top Page
East Africa Metals
(EAM)
Select Model
Select Model
Rating:49Neutral
Price Target:
C$0.12
▼(-2.50% Downside)
Action:N/ADate:03/04/26
The score is held down primarily by weak fundamentals (no revenue, ongoing losses, and persistent cash burn). Technicals provide some offset with the price trading above key moving averages and neutral momentum. Valuation support is limited because earnings are negative and no dividend yield is available.
Positive Factors
Low leverage and equity cushion
Sustained low debt and a meaningful equity cushion reduce insolvency risk and give management durable financial flexibility. For an exploration developer this permits continued permitting and drilling activity, supports JV discussions, and lowers the immediate need for dilutive emergency financing over the next several months.
Negative Factors
Pre-revenue with recurring losses
Being pre-revenue and loss-making is a durable structural constraint: the company cannot self-fund operations and must rely on external capital or asset sales. That dependence increases dilution risk, can limit long-term project sequencing, and keeps corporate viability tied to financing markets and partner deals.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and equity cushion
Sustained low debt and a meaningful equity cushion reduce insolvency risk and give management durable financial flexibility. For an exploration developer this permits continued permitting and drilling activity, supports JV discussions, and lowers the immediate need for dilutive emergency financing over the next several months.
Read all positive factors
East Africa Metals (EAM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$31.74M
Dividend YieldN/A
Average Volume (3M)26.22K
Price to Earnings (P/E)―
Beta (1Y)0.58
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees8
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding268,973,570
10 Day Avg. Volume27,900
30 Day Avg. Volume26,224
Financial Highlights & Ratios
PEG Ratio0.73
Price to Book (P/B)1.54
Price to Sales (P/S)0.00
P/FCF Ratio-7.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
East Africa Metals Business Overview & Revenue Model
Company Description
East Africa Metals Inc., a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United R...
How the Company Makes Money
EAM’s revenue model is not clearly disclosed in publicly available, company-level information in a way that can be stated factually without access to current filings; therefore specific recurring operating revenue streams cannot be confirmed. In g...
East Africa Metals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
55
Neutral
Cash Flow
18
Very Negative
| Breakdown | Jun 2025 | Jun 2024 | Dec 2022 | Dec 2021 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -526.00 | -743.00 | 0.00 | -74.73K | -269.00 |
| EBITDA | -1.79M | -2.08M | -2.39M | -3.01M | -2.52M |
| Net Income | -1.97M | -2.30M | -2.35M | -3.13M | -2.67M |
Balance Sheet | |||||
| Total Assets | 24.36M | 23.97M | 23.50M | 24.72M | 23.12M |
| Cash, Cash Equivalents and Short-Term Investments | 1.91M | 287.53K | 347.29K | 2.23M | 182.18K |
| Total Debt | 0.00 | 749.26K | 300.00K | 519.78K | 733.72K |
| Total Liabilities | 4.39M | 7.07M | 5.15M | 4.71M | 4.19M |
| Stockholders Equity | 16.55M | 13.10M | 14.79M | 16.63M | 15.53M |
Cash Flow | |||||
| Free Cash Flow | -3.50M | -1.27M | -1.89M | -3.53M | -947.66K |
| Operating Cash Flow | -3.50M | -1.27M | -1.89M | -3.53M | -921.69K |
| Investing Cash Flow | -28.35K | -46.28K | 0.00 | 2.43M | -25.98K |
| Financing Cash Flow | 5.46M | 1.52M | 0.00 | 3.19M | 1.02M |
East Africa Metals Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | C$32.79M | 0.58 | 80.04% | ― | ― | ― | |
49 Neutral | C$31.74M | -19.78 | -16.24% | ― | ― | ― | |
47 Neutral | C$25.79M | -31.93 | -5.70% | ― | ― | -1.67% | |
43 Neutral | C$27.30M | -8.00 | -136.19% | ― | ― | -1233.33% | |
42 Neutral | C$10.89M | -1.78 | -8137.82% | ― | ― | -81.09% | |
41 Neutral | C$31.16M | 32.39 | 16.20% | ― | ― | 93.20% |
* General Sector Average
TSE:EAM
East Africa Metals
0.12
0.01
12.38%
TSE:COR
Camino Minerals
0.51
0.25
96.15%
TSE:TVI
TVI Pacific
0.05
0.02
125.00%
TSE:SLV
Silver Dollar Resources
0.35
0.12
53.33%
TSE:EMET
Canamera Energy Metals Corp
0.41
0.16
62.00%
TSE:NIOB
Prosperity Exploration Corp
0.49
0.29
145.00%
East Africa Metals Corporate Events
Business Operations and StrategyExecutive/Board ChangesRegulatory Filings and Compliance
East Africa Metals Grants 16.3 Million Stock Options to Insiders
Neutral
Feb 2, 2026
East Africa Metals Inc. has granted 16.3 million stock options to its directors, officers and consultants under its stock option plan, with an exercise price of $0.15 per share, expiring on February 1, 2031, and vesting immediately, subject to TSX...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.