Eco Oro Minerals (EOM) AI Stock Analysis

• Market Cap: C$2.13M
• Dividend Yield: N/A
• Average Volume (3M): 41.28K
• Price to Earnings (P/E): ―
• Beta (1Y): -3.33
• Revenue Growth: N/A
• EPS Growth: -29.46%
• Country: CA
• Employees: 46
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.07
• Shares Outstanding: 106,524,956
• 10 Day Avg. Volume: 50,098
• 30 Day Avg. Volume: 41,282
• PEG Ratio: -0.06
• Price to Book (P/B): -0.11
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.77
• 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

• Rating: 26 Underperform
• Price Target: ―

Eco Oro Minerals is currently in a precarious financial position with no revenue generation, negative profitability, and high leverage. Technical indicators suggest a continued bearish trend, and the valuation is unattractive due to negative earnings. These factors, combined with the lack of earnings guidance or significant corporate events, result in a low overall stock score.

Eco Oro Minerals Business Overview & Revenue Model

Company Description

Eco Oro Minerals Corp. is a Canadian mining company focused on exploring and developing mineral resources in Colombia. The company primarily operates in the exploration and potential development of gold and precious metals, aiming to leverage its significant land position in Colombia's Santander Department. Eco Oro Minerals is committed to responsible environmental practices and community engagement in its mining operations.

How the Company Makes Money

Eco Oro Minerals makes money through the exploration and development of its mineral resources, with a primary focus on gold. The company generates revenue by advancing its mining projects to attract investments and partnerships. Key revenue streams include raising capital through equity financing, joint ventures, and potential future sales of mineral resources. Eco Oro's financial performance is significantly influenced by global gold prices, exploration success, and the ability to secure strategic partnerships for project development. At this stage, the company may not have consistent operational revenue, relying instead on funding and investment to support its exploration activities.

Eco Oro Minerals Financial Statement Overview

Summary

Eco Oro Minerals faces severe financial challenges with zero revenue, negative profitability, and high leverage. The company is unable to generate cash flows sufficient to offset losses, leading to a strained balance sheet with negative equity. The overall financial health is concerning, with significant risks of insolvency if revenue generation is not achieved soon.

Income Statement

Eco Oro Minerals continues to report zero revenue, reflecting significant challenges in generating sales. The company records negative margins across gross profit, EBIT, and EBITDA, highlighting persistent operational inefficiencies and substantial losses. Without a revenue base, growth trajectory remains stagnant, and the lack of profitability poses a significant concern.

Balance Sheet

The balance sheet reveals negative stockholders' equity, which indicates that liabilities exceed assets, a precarious financial position. The high debt-to-equity ratio, alongside substantial liabilities, suggests heavy leverage, increasing financial risk. The equity ratio is negative, reinforcing the lack of financial stability and potential insolvency concerns.

Cash Flow

Cash flow statements show negative operating and free cash flows, indicating cash burn without sufficient income generation. The negative operating cash flow to net income ratio further emphasizes the company's inability to convert losses into positive cash flow. Although financing activities provide some liquidity, it is not sustainable long-term.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-225.00K	-298.00K	-80.00K	-48.00K	-10.00K	-11.00K
	EBIT
-887.00K	-1.35M	-3.90M	-2.92M	-8.72M	-14.39M
	EBITDA
-1.16M	-745.00K	-3.87M	-3.99M	-3.49M	-14.35M
	Net Income Common Stockholders
-4.87M	-3.59M	-6.03M	-6.17M	-6.23M	-30.48M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
16.57M	289.00K	948.00K	3.10M	7.12M	602.00K
	Total Assets
16.86M	481.00K	1.13M	3.30M	7.33M	1.64M
	Total Debt
878.00K	15.94M	10.29M	7.79M	6.31M	13.72M
	Net Debt
-15.69M	15.65M	9.34M	4.69M	-810.00K	13.12M
	Total Liabilities
12.93M	19.19M	15.78M	12.33M	12.38M	25.09M
	Stockholders Equity
3.94M	-18.71M	-14.65M	-9.03M	-5.05M	-23.45M
Cash Flow		Free Cash Flow
-3.48M	-4.26M	-2.15M	-3.76M	-12.63M	-18.62M
	Operating Cash Flow
-3.48M	-4.26M	-2.15M	-3.76M	-12.63M	-18.62M
	Investing Cash Flow
0.00	188.00K	0.00	154.00K	4.98M	201.00K
	Financing Cash Flow
2.26M	3.36M	0.00	0.00	14.10M	17.46M

Eco Oro Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	75 Outperform	C$3.36B	13.34	39.28%	―	105.06%	481.75%
OR	74 Outperform	C$6.54B	148.62	2.50%	0.75%	12.78%	―
BTO	70 Outperform	$6.09B	―	-17.61%	4.26%	5.97%	-1677.31%
Sector *	50 Neutral	$1.99B	-1.06	-21.34%	3.71%	2.03%	-30.65%
SEA	46 Neutral	C$1.69B	―	-1.46%	―	―	1.89%
RDS	42 Neutral	C$117.33M	―	-4.14%	―	―	50.00%
EOM	26 Underperform	C$2.13M	―	20.83%	―	―	-29.46%