Empress Royalty (EMPR) AI Stock Analysis

• Market Cap: C$147.91M
• Dividend Yield: N/A
• Average Volume (3M): 374.66K
• Price to Earnings (P/E): 30.8
• Beta (1Y): 0.69
• Revenue Growth: 112.93%
• EPS Growth: N/A
• Country: CA
• Employees: 2
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): 0.01
• Shares Outstanding: 126,415,770
• 10 Day Avg. Volume: 282,208
• 30 Day Avg. Volume: 374,662
• PEG Ratio: -0.21
• Price to Book (P/B): 1.62
• Price to Sales (P/S): 3.54
• P/FCF Ratio: -19.45
• 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: 67 Neutral
• Price Target: C$1.50 ▲(44.23% Upside)

The score is primarily supported by improved financial performance (strong margins, solid cash conversion, and low leverage), but tempered by concerns about consistency given the short track record of sustained profitability. Technical signals are currently soft and valuation looks relatively rich on P/E with no dividend support, while corporate updates are generally constructive.

Empress Royalty Business Overview & Revenue Model

Company Description

Empress Royalty Corp. acquires royalty and streaming interests in precious metal mines and mining projects. The company has a portfolio of 17 precious metals royalties in Canada. It has net smelter return royalty interests in the Pinos Royalty and McLeroy-Pinos Royalty in the Pinos gold-silver project in Mexico. The company was incorporated in 2020 and is headquartered in White Rock, Canada.

How the Company Makes Money

Empress Royalty makes money through its royalty and streaming agreements with mining companies. Under these agreements, Empress provides upfront capital to mining companies in exchange for a percentage of the future revenue generated from the mined resources. This model allows Empress Royalty to generate income based on the production and sale of precious metals without having to directly engage in mining operations. Key revenue streams include royalties, which are payments based on a percentage of the revenue or profit from the mined resources, and streaming agreements, where Empress receives a portion of the physical metal produced at a predetermined price. Significant partnerships with mining companies and strategic investments in promising mining projects are critical factors contributing to Empress Royalty's earnings.

Empress Royalty Financial Statement Overview

Summary

Empress Royalty has shown strong revenue growth and a return to profitability in 2024, with improved operational efficiency. Despite a solid balance sheet with a high equity ratio, increasing debt and negative free cash flow present potential risks.

Income Statement

Empress Royalty has shown significant revenue growth from $3.52 million in 2023 to $8.02 million in 2024, indicating a strong upward trajectory. The gross profit margin improved to 65.2% in 2024, reflecting efficient cost management. The net profit margin turned positive to 12.6% after consecutive losses, showcasing a return to profitability. However, previous EBIT and EBITDA margins were negative, highlighting past operational challenges.

Balance Sheet

The company has a moderate debt-to-equity ratio of 0.29, indicating a reasonable level of leverage. The return on equity (ROE) improved to 5.8% in 2024, suggesting better utilization of shareholder funds. The equity ratio is strong at 74.0%, reflecting a well-capitalized balance sheet. However, the increase in total debt to $5.17 million in 2024 poses potential risk if not managed carefully.

Cash Flow

Operating cash flow improved significantly to $3.54 million in 2024, indicating enhanced cash generation from operations. However, free cash flow remains negative at -$1.46 million due to high capital expenditures. The operating cash flow to net income ratio of 3.50 suggests solid cash conversion, but ongoing negative free cash flow highlights potential liquidity challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.93M	8.02M	3.52M	―	212.25K	0.00
Gross Profit	10.28M	5.22M	1.98M	―	76.17K	0.00
EBITDA	9.81M	4.36M	-396.42K	―	-3.89M	-409.91K
Net Income	3.93M	1.01M	-2.93M	―	-4.01M	-409.91K
Balance Sheet
Total Assets	29.08M	23.69M	19.11M	20.13M	26.31M	1.35M
Cash, Cash Equivalents and Short-Term Investments	8.17M	953.63K	1.17M	―	2.56M	1.30M
Total Debt	4.68M	5.17M	2.94M	―	3.97M	0.00
Total Liabilities	8.48M	6.16M	3.48M	―	4.49M	155.12K
Stockholders Equity	31.99M	17.53M	15.63M	16.80M	21.82M	1.19M
Cash Flow
Free Cash Flow	6.37M	-1.46M	212.72K	―	-26.97M	-292.73K
Operating Cash Flow	6.37M	3.54M	212.72K	―	-3.34M	-292.73K
Investing Cash Flow	0.00	-5.00M	0.00	―	-23.46M	58.20K
Financing Cash Flow	-1.43M	1.23M	266.49K	―	27.65M	1.75M

Empress Royalty Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMPR, the sentiment is Positive. The current price of 1.04 is below the 20-day moving average (MA) of 1.08, below the 50-day MA of 1.09, and above the 200-day MA of 0.82, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.51 is Neutral, neither overbought nor oversold. The STOCH value of 82.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EMPR.

Empress Royalty Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMPR	67 Neutral	C$147.91M	30.77	17.02%	―	112.93%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
VOXR	61 Neutral	C$469.01M	-162.18	-2.13%	0.97%	11.95%	-44.15%
SM	59 Neutral	C$348.39M	444.83	2.04%	―	694.29%	―
CKG	56 Neutral	C$267.91M	-74.69	-2.40%	―	―	14.96%
DEF	52 Neutral	C$112.85M	-50.00	-4.10%	―	―	43.20%

Empress Royalty Corporate Events

Empress Royalty Announces Board Resignation and Future Growth Plans

Empress Royalty Corp. announced the resignation of co-founder Jeremy Bond from its board of directors, as he shifts focus to other professional commitments. Bond played a significant role in the company’s early development, helping it achieve key milestones such as reaching net income. The company, under the leadership of CEO Alexandra Woodyer Sherron, is now looking to make thoughtful additions to its board as it continues to grow and advance its strategy. Empress remains well-positioned for future growth, building on the foundation established by Bond.

Empress Royalty Achieves Record Revenue in 2025

Empress Royalty Corp. reported record revenue for the first nine months of 2025, showcasing significant year-over-year growth. The company achieved nearly double the revenue compared to 2024, driven by increased production from its portfolio and favorable gold and silver prices. With a net income of US$3.0M and positive operating cash flow, Empress Royalty’s results highlight the effectiveness of its strategic investments and disciplined capital allocation, reinforcing its commitment to long-term shareholder value.

Empress Royalty Strengthens Board with Appointment of Daniel Burns

Empress Royalty has appointed Daniel Burns to its Board of Directors, bringing extensive experience in banking, capital markets, and corporate governance. His leadership and strategic insight are expected to enhance the company’s growth and transformation efforts, as it continues to build a high-quality portfolio of precious metal investments and create long-term shareholder value.