Eastern Platinum (ELR) AI Stock Analysis

• Market Cap: C$44.72M
• Dividend Yield: N/A
• Average Volume (3M): 301.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: -33.23%
• EPS Growth: -438.90%
• Country: CA
• Employees: 1,805
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 203,291,430
• 10 Day Avg. Volume: 169,190
• 30 Day Avg. Volume: 301,128
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: C$0.00 ▼(-100.00% Downside)

Eastern Platinum's overall stock score is primarily impacted by its financial performance, which is challenged by declining revenues and profitability issues. Technical analysis indicates a bearish trend, and valuation metrics reflect the company's lack of profitability. The absence of earnings call data and corporate events means these factors do not influence the score.

Eastern Platinum Business Overview & Revenue Model

Company Description

Eastern Platinum Limited, together with its subsidiaries, engages in the mining, exploration, and development of platinum group metal (PGM) and chrome properties in South Africa. Its PGM deposits include platinum, palladium, rhodium, osmium, iridium, and ruthenium. The company principally holds 87.5% interest in the Crocodile River Mine located on the western limb and the Kennedy's Vale project on the eastern limb of Bushveld Complex (BCX); 87% interest in the Mareesburg project situated on the eastern limb of the BCX; and 93.4% interest in the Spitzkop project located on the eastern limb of the BCX. Eastern Platinum Limited is headquartered in Vancouver, Canada.

How the Company Makes Money

Eastern Platinum generates revenue primarily through the extraction and sale of platinum group metals, including platinum, palladium, and rhodium. The company's revenue model is largely based on the production and sale of these metals to various industrial and commercial clients, including automotive manufacturers and jewelers, who require PGMs for catalytic converters and other applications. Key revenue streams include the sale of raw minerals from its mining operations, as well as potential royalties from partnerships with other mining entities. Additionally, fluctuations in global commodity prices, demand for PGMs, and production levels significantly impact its earnings. Strategic partnerships with other mining companies and financial institutions also play a role in enhancing its operational capabilities and market reach.

Eastern Platinum Financial Statement Overview

Summary

Eastern Platinum faces significant financial challenges, with declining revenues and profitability, negative cash flows, and reduced equity. While leverage remains low, indicating limited debt pressure, the company needs to address its revenue generation and cost control to improve its financial health.

Income Statement

The income statement shows declining revenues from $106.94M in 2023 to $61.60M TTM, with a negative gross profit margin in the TTM period, indicating cost management issues. The net profit margin is also negative, reflecting ongoing losses. Revenue growth has been negative in recent periods, highlighting a downward trend. EBIT and EBITDA margins are negative, showing operating inefficiencies.

Balance Sheet

The balance sheet reveals a relatively stable equity position with a debt-to-equity ratio of 0.04 TTM, indicating low leverage. However, declining stockholders' equity from 2023 to TTM signals potential challenges. The equity ratio at 43.5% TTM suggests moderate financial stability, but the reduction in cash reserves could be a concern.

Cash Flow

Cash flow analysis shows negative operating and free cash flows, reflecting cash management difficulties. The operating cash flow to net income ratio is negative due to consistent losses. The free cash flow to net income ratio is also negative, indicating insufficient cash generation to cover losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	53.55M	62.51M	106.94M	49.83M	68.20M	56.14M
Gross Profit	-13.22M	823.00K	35.63M	5.93M	9.62M	5.55M
EBITDA	-19.53M	-7.48M	23.48M	6.20M	9.10M	859.00K
Net Income	-24.01M	-12.78M	13.76M	-2.50M	-2.71M	-9.40M
Balance Sheet
Total Assets	169.15M	157.68M	160.77M	155.60M	162.78M	162.99M
Cash, Cash Equivalents and Short-Term Investments	2.42M	3.13M	21.35M	2.45M	6.15M	1.77M
Total Debt	4.24M	2.57M	1.48M	5.11M	3.66M	4.56M
Total Liabilities	102.93M	83.81M	73.11M	84.17M	82.43M	81.66M
Stockholders Equity	66.66M	74.28M	88.08M	71.87M	122.48M	125.58M
Cash Flow
Free Cash Flow	-20.14M	-20.46M	16.25M	-8.25M	-5.12M	-912.00K
Operating Cash Flow	-7.06M	-4.43M	18.89M	-5.42M	890.00K	1.56M
Investing Cash Flow	-9.50M	-12.09M	-5.20M	3.30M	-8.12M	-1.75M
Financing Cash Flow	2.95M	1.12M	1.37M	2.32M	7.61M	540.00K

Eastern Platinum Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.31
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELR, the sentiment is Negative. The current price of 0.31 is above the 20-day moving average (MA) of 0.28, above the 50-day MA of 0.27, and above the 200-day MA of 0.21, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 37.32 is Neutral, neither overbought nor oversold. The STOCH value of 17.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELR.

Eastern Platinum Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LUC	67 Neutral	C$81.90M	1.19	19.39%	―	15.28%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
ORV	60 Neutral	C$174.88M	―	-5.13%	―	17.55%	-475.00%
BRC	47 Neutral	C$199.70M	-7.55	-151.33%	―	―	-198.87%
SLVR	47 Neutral	C$293.27M	-53.72	-5.11%	―	―	-51.25%
ELR	42 Neutral	C$44.72M	―	-31.22%	―	-33.23%	-438.90%
PTM	33 Underperform	$314.03M	-52.14	-14.92%	―	―	28.30%

Eastern Platinum Corporate Events

Eastern Platinum Reports Q2 2025 Financial Decline and Secures Increased Credit Facility

Eastern Platinum Limited reported a significant decline in revenue and profitability for the second quarter and first half of 2025 compared to the previous year, with revenue decreasing by 43.1% and 26.1% respectively. The company also announced an increase in its credit facility with Investec Bank to support the restart of its Zandfontein underground section, which is expected to enhance production capabilities and shift revenue focus towards PGM processing.