EMP Metals (EMPS) AI Stock Analysis

• Market Cap: C$60.08M
• Dividend Yield: N/A
• Average Volume (3M): 57.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.07
• Revenue Growth: N/A
• EPS Growth: -39.00%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 120,156,910
• 10 Day Avg. Volume: 35,694
• 30 Day Avg. Volume: 57,226
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: 52 Neutral
• Price Target: C$0.49 ▲(16.67% Upside)

The score is held back primarily by weak financial performance (pre-revenue, widening losses, and elevated free-cash-flow burn). Technicals are moderately supportive with the price trading above major moving averages, while corporate events provide a positive near-term funding and project-progress backdrop but with dilution/financing-cost tradeoffs. Valuation remains constrained by negative earnings and no dividend.

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, Australia; and the Li-Brine properties located in Saskatchewan. The company was formerly known as Sentinel Resources Corp. and changed its name to EMP Metals Corp. in November 2021. EMP Metals Corp. was incorporated in 2018 and is headquartered in North Vancouver, Canada.

How the Company Makes Money

EMP Metals makes money through the exploration and development of mineral resources, which are subsequently extracted and sold. The company's revenue model primarily involves the sale of extracted metals and minerals to industrial buyers, manufacturers, and commodity markets. Key revenue streams include the sale of metals such as lithium, copper, and other valuable minerals that are in demand for various industrial applications. Significant partnerships with mining contractors, technology providers, and industrial buyers contribute to its earnings by enhancing operational efficiency and expanding market reach. The company's financial performance is influenced by factors such as commodity prices, extraction costs, and regulatory developments within the mining industry.

EMP Metals Financial Statement Overview

Summary

EMP Metals faces significant operational challenges with zero revenue and consistent losses, raising concerns about its viability. While the balance sheet shows strong equity, the unsustainable cash flow situation and lack of profitability signal financial distress. Strategic changes are needed to create revenue streams and improve cash flow management.

Income Statement

The company has consistently reported zero revenue over the past years, indicating a lack of operational income streams. The persistent negative net income and EBIT margins reflect ongoing operational challenges and lack of profitability. The absence of revenue eliminates the possibility to calculate growth rates and profit margins, highlighting a critical issue in generating sales.

Balance Sheet

The company shows a relatively strong equity position with a high equity ratio, indicating reliance on equity financing. However, the negative return on equity suggests inefficiencies in generating returns from shareholder investments. The absence of debt lowers financial risk, but the lack of revenue remains a significant concern for future stability.

Cash Flow

The company experiences negative free and operating cash flows, indicating cash outflows exceed inflows, primarily due to high capital expenditures. Despite this, the financing cash flow is positive due to external funding, which temporarily supports liquidity but is unsustainable long-term without revenue generation. The negative free cash flow growth rate further emphasizes cash flow management issues.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	-2.89M	-2.80M	-801.00K	-1.89M	-1.53M	-680.00K
Net Income	-4.62M	-4.32M	-2.73M	-2.37M	-1.65M	-3.67M
Balance Sheet
Total Assets	37.61M	37.88M	33.46M	17.82M	25.33M	589.94K
Cash, Cash Equivalents and Short-Term Investments	1.51M	2.42M	7.79M	1.47M	4.15M	265.87K
Total Debt	4.39M	4.18M	0.00	0.00	0.00	0.00
Total Liabilities	5.97M	5.67M	290.91K	251.35K	1.14M	45.14K
Stockholders Equity	31.64M	32.20M	30.66M	12.51M	23.28M	544.80K
Cash Flow
Free Cash Flow	-9.93M	-10.65M	-5.43M	-1.56M	-5.19M	-1.69M
Operating Cash Flow	-1.68M	-1.83M	-3.12M	-1.02M	-2.41M	-1.42M
Investing Cash Flow	-8.54M	-9.11M	-2.31M	-166.57K	-2.51M	-353.48K
Financing Cash Flow	4.26M	5.54M	9.27M	2.38M	7.37M	1.71M

EMP Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: 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 0.46, below the 50-day MA of 0.46, and above the 200-day MA of 0.35, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 78.80 is Negative, neither overbought nor oversold. The STOCH value of 73.05 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EMPS	52 Neutral	C$60.08M	-16.58	-14.82%	―	―	-39.00%
PGDC	52 Neutral	C$211.60M	-23.63	―	―	14.89%	-24.08%
NAU	51 Neutral	C$155.27M	-23.61	-20.26%	―	―	-38.35%
ALEX	49 Neutral	C$23.01M	48.04	4.00%	―	―	―
ARU	46 Neutral	C$22.48M	-1.39	―	―	―	-6.12%
WEX	43 Neutral	C$34.70M	-4.78	-55.76%	―	―	―

EMP Metals Corporate Events

EMP Metals Extends Tembo Convertible Loan and Strengthens Strategic Investor Position

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 share, with interest set at 13.5% annually. As part of the deal, Tembo received 485,294 common share purchase warrants as an arrangement fee, bringing its combined holdings with an affiliate to 23,858,680 shares, 2,783,294 warrants and the convertible loan, representing about 19.63% ownership on a non-diluted basis and roughly 24.59% on a partially diluted basis; the transaction underscores Tembo’s role as a key strategic investor and provides EMP Metals with increased financial flexibility to advance its lithium exploration and development activities.

EMP Metals Extends and Converts Tembo Loan Facility, Issuing Warrants as Arrangement Fee

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 right to convert any or all of the principal and accrued interest into common shares at a price of $0.425 per share. The loan will bear interest at 13.5% annually while outstanding, and as part of the revised terms EMP Metals will pay Tembo an arrangement fee of US$150,000 via 485,294 common share purchase warrants exercisable at C$0.425 for two years, a structure that strengthens the company’s near- to medium‑term financing flexibility while introducing potential equity dilution as Tembo gains an option to increase its equity stake.

EMP Metals Advances Project Aurora with Construction Milestone and Stock Options Grant

EMP Metals Corp. has completed the exterior construction of its Project Aurora lithium refining demonstration plant at the Viewfield Project in Saskatchewan. The plant, developed in partnership with Saltworks Technologies, aims to produce ultra-high purity lithium chloride using advanced Gen II DLE technology, which enhances purity and reduces capital expenditure. The company also announced the grant of 100,000 incentive stock options to a consultant, reflecting ongoing strategic developments.

EMP Metals Secures $2.1 Million in Oversubscribed Financing

EMP Metals Corp. has successfully closed an oversubscribed non-brokered private placement financing, raising $2.1 million through the issuance of 5,250,000 units. The proceeds will be used for the development of its lithium brine properties in Saskatchewan and general working capital. Tembo Capital Holdings UK Ltd. participated in the offering to maintain its interest, acquiring 1,000,000 units. This transaction is considered a related party transaction under regulatory guidelines. The financing strengthens EMP Metals’ position in the lithium exploration industry, potentially enhancing its operational capabilities and market presence.

EMP Metals Corp. Announces $2 Million Private Placement to Bolster Lithium Exploration

EMP Metals Corp. has announced a non-brokered private placement financing to raise up to $2,000,000 through the issuance of 5,000,000 units, each consisting of one common share and one share purchase warrant. The funds will be allocated for annual concession fees, potential land acquisitions, and general working capital, with the offering subject to necessary regulatory approvals. This move is expected to support EMP Metals’ strategic objectives in the lithium exploration sector, potentially enhancing its market position and operational capabilities.

EMP Metals and Saltworks Unveil Advanced Lithium Extraction Technology

EMP Metals Corp., in collaboration with Saltworks Technologies, has announced the release of a second-generation Direct Lithium Extraction (Gen-II DLE) technology as part of their Project Aurora. This new technology, which will be implemented at the Viewfield Project in Saskatchewan, enhances lithium extraction efficiency by improving eluate purity and reducing capital expenditure. The Gen-II DLE process is designed for hub-and-spoke operations, allowing for significant lithium chloride concentration gains and minimizing chemical inputs and waste. This advancement positions EMP Metals and Saltworks as leaders in scalable and cost-effective lithium extraction solutions, with plans to develop a modular commercial refinery capable of producing over 3,000 tonnes per year.