EMP Metals (TSE:EMPS)
:EMPS
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EMP Metals
(EMPS)
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Rating:50Neutral
Price Target:
C$0.80
â–²(90.48% Upside)
Action:ReiteratedDate:03/26/26
The score is held back mainly by weak financial performance (pre-revenue, widening losses, and elevated cash burn) and limited valuation support due to negative earnings. Technicals provide a partial offset, with the price trending above key moving averages and broadly neutral momentum readings.
Positive Factors
Low leverage balance sheet
A low debt-to-equity ratio (~0.13) provides durable financial resilience for a development-stage miner. It reduces bankruptcy risk and interest burden, preserves flexibility to fund exploration and development through equity or project financing, and supports multi-stage project timelines.
Negative Factors
Pre-revenue with widening losses
Being pre-revenue with increasing annual losses is a structural weakness: it means the business must convert exploration value into salable output to sustain operations. Persistent losses erode equity cushions and raise execution risk, making long-term viability contingent on successful project milestones or external funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage balance sheet
A low debt-to-equity ratio (~0.13) provides durable financial resilience for a development-stage miner. It reduces bankruptcy risk and interest burden, preserves flexibility to fund exploration and development through equity or project financing, and supports multi-stage project timelines.
Read all positive factors
EMP Metals (EMPS) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$78.10M
Dividend YieldN/A
Average Volume (3M)57.23K
Price to Earnings (P/E)―
Beta (1Y)0.09
Revenue GrowthN/A
EPS Growth-39.00%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.01
Shares Outstanding120,156,910
10 Day Avg. Volume35,694
30 Day Avg. Volume57,226
Financial Highlights & Ratios
PEG Ratio-0.30
Price to Book (P/B)0.84
Price to Sales (P/S)0.00
P/FCF Ratio-2.54
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
EMP Metals Business Overview & Revenue Model
Company Description
EMP Metals Corp. engages in the acquisition, evaluation, exploration, and development of mineral properties. The company primarily explores for gold and silver deposits. It holds interest in a portfolio of properties located in New South Wales, Au...
How the Company Makes Money
null...
EMP Metals Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
58
Neutral
Cash Flow
24
Negative
| Breakdown | Jul 2025 | Jul 2023 | Jul 2022 | Jul 2021 | Apr 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.80M | -801.00K | -1.89M | -680.00K | -112.00K |
| Net Income | -4.32M | -2.73M | -2.37M | -3.67M | -112.00K |
Balance Sheet | |||||
| Total Assets | 37.88M | 33.46M | 17.82M | 589.94K | 634.86K |
| Cash, Cash Equivalents and Short-Term Investments | 2.42M | 7.79M | 1.47M | 265.87K | 324.86K |
| Total Debt | 4.18M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 5.67M | 290.91K | 251.35K | 45.14K | 19.66K |
| Stockholders Equity | 32.20M | 30.66M | 12.51M | 544.80K | 615.20K |
Cash Flow | |||||
| Free Cash Flow | -10.65M | -5.43M | -1.56M | -1.69M | -326.01K |
| Operating Cash Flow | -1.83M | -3.12M | -1.02M | -1.42M | -121.02K |
| Investing Cash Flow | -9.11M | -2.31M | -166.57K | -353.48K | -205.00K |
| Financing Cash Flow | 5.54M | 9.27M | 2.38M | 1.71M | 572.78K |
EMP Metals Technical Analysis
Positive
0.42
Price Trends
0.68
Negative
0.57
Positive
0.45
Positive
Market Momentum
>-0.01
Negative
53.04
Neutral
51.28
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMPS, the sentiment is Positive. The current price of 0.42 is below the 20-day moving average (MA) of 0.60, below the 50-day MA of 0.68, and below the 200-day MA of 0.45, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 53.04 is Neutral, neither overbought nor oversold. The STOCH value of 51.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EMPS.
EMP Metals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$60.42M | -11.13 | -25.58% | ― | ― | -3.73% | |
53 Neutral | C$142.75M | -1.36 | -523.32% | ― | ― | 34.55% | |
52 Neutral | C$66.19M | -2.24 | -571.01% | ― | ― | ― | |
50 Neutral | C$78.10M | -12.00 | -14.82% | ― | ― | -39.00% | |
48 Neutral | C$61.71M | -7.82 | -52.55% | ― | ― | 42.42% | |
41 Neutral | C$40.64M | -73.87 | -25.82% | ― | ― | -14.77% |
* Basic Materials Sector Average
TSE:EMPS
EMP Metals
0.80
0.54
207.69%
TSE:CTM
Canterra Minerals
0.17
0.08
94.12%
TSE:CGNT
Libero Copper & Gold
0.75
0.53
233.33%
TSE:MMG
Metallic Minerals
0.29
0.06
28.89%
TSE:SGO
Sonoro Gold
0.22
0.10
76.00%
TSE:PNTR
Pantera Silver
0.56
0.26
86.67%
EMP Metals Corporate Events
Business Operations and Strategy
EMP Metals Launches Key Engineering Study to Advance Viewfield Lithium Project
Positive
Mar 12, 2026
EMP Metals Corp. has begun an updated Front End Engineering Design study for its Generation 2 process flowsheet, developed with Saltworks Technologies, to advance its Viewfield Project toward scalable commercial lithium production. The company aim...
Business Operations and StrategyPrivate Placements and Financing
EMP Metals Wins $1 Million B.C. Grant to Advance Next-Gen Lithium Refining
Positive
Mar 2, 2026
EMP Metals and its Project Aurora partner Saltworks Technologies have secured $1 million in funding from British Columbia’s Integrated Marketplace program to advance next-generation lithium refining technology. Under the initiative, Saltwork...
Business Operations and Strategy
EMP Metals Showcases Project Aurora to Saskatchewan Energy Minister
Positive
Feb 17, 2026
EMP Metals Corp. and its Project Aurora partner Saltworks Technologies hosted Saskatchewan Energy and Resources Minister Chris Beaudry at Saltworks’ Richmond, B.C. headquarters, showcasing commercial-scale engineering, manufacturing, and lit...
Business Operations and Strategy
EMP Metals Partner Saltworks Wins Growth Awards, Bolstering Project Aurora
Positive
Feb 9, 2026
EMP Metals highlighted the rapid growth of its key partner, Saltworks Technologies, which has been recognized among the fastest-growing technology companies in Canada and North America, driven by strong revenue expansion between 2021 and 2024. Sal...
Business Operations and Strategy
EMP Metals Begins Re-Entry Work on Brackish Water Well for Project Aurora Demo Plant
Positive
Feb 5, 2026
EMP Metals has begun re-entry operations on an existing brackish water well near its Project Aurora Demonstration Plant in Southern Saskatchewan, using a service rig to isolate the upper wellbore, perforate the target interval, and swab at high ra...
Business Operations and StrategyDelistings and Listing Changes
EMP Metals Advances Project Aurora With New Permits and Tradegate Listing
Positive
Jan 31, 2026
EMP Metals Corp. has secured key provincial permits to re-enter and test a brackish water well near its Project Aurora Demonstration Plant in southeastern Saskatchewan, with groundwork underway and a service rig being mobilized to start operations...
Business Operations and Strategy
EMP Metals Moves to Secure Brackish Water Supply for Saskatchewan Lithium Demo Plant
Positive
Jan 29, 2026
EMP Metals has submitted permit applications to Saskatchewan’s Ministry of Energy and Resources to re-enter and test an existing brackish water well near its Project Aurora demonstration plant in the Viewfield area, with a groundwater testin...
Business Operations and Strategy
EMP Metals Advances Project Aurora Lithium Demo Plant Toward Q2 Startup
Positive
Jan 26, 2026
EMP Metals has completed the interior construction and cladding of the building that will host its Project Aurora lithium refining demonstration plant in Saskatchewan, with electrical work underway ahead of the arrival of process equipment. Equipm...
Business Operations and StrategyDelistings and Listing Changes
EMP Metals Gains Frankfurt Listing and Launches Aggressive Marketing Push
Positive
Jan 21, 2026
EMP Metals Corp. has secured a listing on the Frankfurt Stock Exchange under the symbol 9ST, adding to its existing listings on the Canadian Securities Exchange and the OTCQB, a move aimed at broadening its investor base in Europe as it approaches...
Business Operations and StrategyDelistings and Listing Changes
EMP Metals Adds Frankfurt Listing and Ramps Up Marketing Ahead of Project Milestone
Positive
Jan 21, 2026
EMP Metals Corp. has secured a listing on the Frankfurt Stock Exchange under the symbol 9ST, adding to its existing Canadian Securities Exchange and OTCQB listings in a move aimed at broadening its investor base, particularly in Europe, as it near...
Business Operations and StrategyPrivate Placements and Financing
EMP Metals Extends Tembo Convertible Loan and Strengthens Strategic Investor Position
Positive
Jan 6, 2026
EMP Metals Corp. has closed an amended US$3 million convertible loan agreement with Tembo Capital that extends the loan’s maturity to June 30, 2027 and allows Tembo to convert principal and accrued interest into common shares at C$0.425 per ...
Business Operations and StrategyPrivate Placements and Financing
EMP Metals Extends and Converts Tembo Loan Facility, Issuing Warrants as Arrangement Fee
Positive
Dec 29, 2025
EMP Metals Corp. has amended its existing US$3 million loan facility with Tembo Capital Holdings by converting it into a convertible loan agreement, extending the loan’s maturity from December 31, 2025 to June 30, 2027 and granting Tembo the...
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.