Breakdown | ||||
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
-77.51K | -87.47K | -39.30K | -7.66K | -5.61K | EBIT |
-4.98M | -5.93M | -5.25M | -2.12M | -1.82M | EBITDA |
-4.74M | -5.34M | -5.07M | -2.09M | -1.82M | Net Income Common Stockholders |
-4.82M | -5.42M | -5.11M | -2.12M | -1.80M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
3.05M | 11.68M | 20.25M | 6.34M | 8.76K | Total Assets |
23.59M | 29.33M | 29.25M | 10.01M | 2.40M | Total Debt |
78.53K | 33.85K | 87.25K | 0.00 | 0.00 | Net Debt |
-2.97M | -11.64M | -20.16M | -6.34M | -8.76K | Total Liabilities |
2.29M | 1.13M | 1.57M | 1.12M | 1.44M | Stockholders Equity |
21.31M | 28.20M | 27.67M | 8.90M | 959.57K |
Cash Flow | Free Cash Flow | |||
-7.58M | -8.64M | -3.69M | -2.05M | -646.88K | Operating Cash Flow |
-3.85M | -4.47M | -3.61M | -2.05M | -642.31K | Investing Cash Flow |
-4.83M | -8.75M | -5.06M | -1.05M | 290.79K | Financing Cash Flow |
47.92K | 4.65M | 22.40M | 9.43M | 339.17K |
Giyani Metals Corp. has announced the appointments of Gavin Horscroft as Operations Manager and Sean Thijsse as Vice President, Corporate Development. Horscroft brings 40 years of experience in African mining and metallurgical industries, which will be crucial as Giyani progresses its Demo Plant and Commercial Plant construction. Thijsse, with a background in sustainable energy transition materials, has been instrumental in advancing Giyani’s offtake strategy and funding partnerships since joining the company. These appointments are part of Giyani’s strategic efforts to achieve commercial production and strengthen its position in the battery-grade manganese market.
Spark’s Take on TSE:EMM Stock
According to Spark, TipRanks’ AI Analyst, TSE:EMM is a Neutral.
Giyani Gold’s overall score is primarily affected by its weak financial performance, characterized by no revenue and negative profitability. However, the company’s strategic advancements in manganese production and its positioning in the battery industry provide a potential growth avenue. The technical analysis shows a neutral stance, while poor valuation metrics reflect ongoing challenges.
To see Spark’s full report on TSE:EMM stock, click here.
Giyani Metals Corp. has successfully produced high purity manganese oxide at its demonstration plant in Johannesburg, marking a significant milestone in its operations. This development positions Giyani as a versatile supplier in the fast-evolving battery industry, with plans to produce both HPMO and HPMSM to meet the increasing demand for battery-grade manganese. The demonstration plant aims to de-risk the commercial plant design and optimize operations, with the production of HPMSM expected in Q1 2025.