Eco Oro Minerals (EOM) AI Stock Analysis

• Market Cap: C$3.73M
• Dividend Yield: N/A
• Average Volume (3M): 27.20K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.96
• Revenue Growth: N/A
• EPS Growth: -47.92%
• Country: CA
• Employees: 46
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 106,524,956
• 10 Day Avg. Volume: 9,722
• 30 Day Avg. Volume: 27,197
• PEG Ratio: >-0.01
• Price to Book (P/B): -0.02
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.24
• 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: 47 Neutral
• Price Target: C$0.03 ▲(70.00% Upside)

The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, cash burn, and negative equity with debt exceeding assets). Technicals provide some support with the price trending above longer-term moving averages and a positive MACD, but overbought signals temper that. Valuation is constrained by the negative P/E and lack of dividend yield.

Positive Factors

Focused Colombian asset portfolio

A concentrated portfolio centered on the Angostura Colombian gold project provides strategic clarity and a focused development path. For an explorer/developer, a clear flagship asset supports project advancement, permitting targeted technical work and permit efforts that can translate to durable value creation over months.

Improving cash outflows

Measured reduction in operating and free cash outflows versus prior years signals improving cost control and operational discipline. A declining cash burn rate extends runway, lowers near-term financing pressure, and materially improves the firm's ability to execute exploration and permitting over the next several months.

Declining total debt versus 2024

A meaningful reduction in total debt from 2024 to the trailing period reduces refinancing and solvency risk. Improved leverage metrics, even from a weak baseline, enhance financial flexibility and lower structural funding costs, supporting more sustainable project development over the medium term.

Negative Factors

Pre-revenue business model

Consistent lack of revenue means the company has no operating cash inflows and remains entirely dependent on capital markets. This limits internal funding for exploration or development, increasing dilution and execution risk and constraining durable progress toward commercial production.

Negative equity and thin asset base

Material negative equity and debt materially greater than reported assets indicate accumulated deficits and a fragile capital structure. This weak solvency profile elevates refinancing and dilution risk, constraining the company's ability to fund development without adverse terms over the coming months.

Persistent negative cash flow

Ongoing negative operating and free cash flow requires recurring external financing to maintain operations. Reliance on external funding increases the probability of equity issuance or costly debt, which can dilute existing shareholders and hamper the company's capacity to sustainably advance projects.

Eco Oro Minerals Business Overview & Revenue Model

Company Description

Eco Oro Minerals Corp. engages in the acquisition, exploration, and development of mineral assets in Colombia. The company was formerly known as Greystar Resources Ltd. and changed its name to Eco Oro Minerals Corp. in August 2011. Eco Oro Minerals Corp. is based in Vancouver, Canada.

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

Financial profile is weak and high-risk: revenue is consistently zero, losses persist (TTM net loss ~$7.2M; TTM EBIT about -$2.2M), cash flow remains negative (TTM operating/free cash flow around -$2.0M), and the balance sheet shows negative equity (TTM about -$6.7M) with debt ($7.4M) exceeding assets (~$3.9M). Improvements include reduced cash burn versus prior years and lower debt versus 2024, but overall flexibility and earnings power remain very limited.

Income Statement

Financial performance remains weak: revenue is consistently zero across annual periods and TTM (Trailing-Twelve-Months), while losses persist (TTM net loss of ~$7.2M vs. ~$7.7M in 2024). Operating results are structurally negative (TTM EBIT of about -$2.2M), and the lack of revenue limits visibility into any path to sustainable profitability. A modest positive is that operating losses have narrowed versus some prior years (e.g., 2020 EBIT was far worse), but overall earnings power is still highly challenged.

Balance Sheet

The balance sheet is stressed by sustained negative equity (TTM equity about -$6.7M; 2024 about -$26.3M), indicating accumulated deficits and limited financial flexibility. Debt levels are meaningful relative to the company’s small asset base (TTM debt ~$7.4M vs. assets ~$3.9M), elevating refinancing and dilution risk. A relative positive is that total debt has declined substantially from 2024 to TTM, and negative equity has improved versus 2024, but the capital structure remains fragile.

Cash Flow

Cash generation remains negative, with TTM operating and free cash flow both around -$2.0M, implying ongoing cash burn to sustain operations. However, cash outflow has improved compared with several prior years (notably 2023 operating cash flow around -$4.3M and 2020 around -$12.6M), and TTM free cash flow shows a positive growth rate versus the prior period, suggesting some cost control. Despite the improvement, the company still relies on external funding sources to cover continued negative cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-5.00K	-282.00K	-298.00K	-80.00K	-48.00K	-10.00K
EBITDA	-2.16M	-1.87M	-745.00K	-3.87M	-3.71M	-3.49M
Net Income	-7.20M	-7.65M	-3.59M	-5.92M	-4.38M	-4.84M
Balance Sheet
Total Assets	3.87M	370.00K	481.00K	1.13M	3.30M	7.33M
Cash, Cash Equivalents and Short-Term Investments	3.63M	207.00K	289.00K	948.00K	3.10M	7.12M
Total Debt	7.40M	23.65M	15.94M	10.29M	7.79M	6.31M
Total Liabilities	10.57M	26.63M	19.19M	15.78M	12.33M	12.38M
Stockholders Equity	-6.70M	-26.25M	-18.71M	-14.65M	-9.03M	-5.05M
Cash Flow
Free Cash Flow	-2.03M	-2.23M	-4.26M	-2.15M	-3.76M	-12.63M
Operating Cash Flow	-2.03M	-2.23M	-4.26M	-2.15M	-3.76M	-12.63M
Investing Cash Flow	187.00K	126.00K	188.00K	0.00	154.00K	4.98M
Financing Cash Flow	5.07M	2.03M	3.36M	0.00	0.00	14.10M

Eco Oro Minerals 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%
VRR	50 Neutral	C$3.74M	-3.47	-27.93%	―	―	84.01%
GSS	48 Neutral	C$2.36M	-14.00	-33.93%	―	―	-266.67%
EOM	47 Neutral	C$3.73M	-0.52	20.83%	―	―	-47.92%
GNG	46 Neutral	C$4.44M	-4.01	―	―	―	-495.41%
BY	43 Neutral	C$2.60M	-3.53	―	―	―	80.43%
TICO	37 Underperform	C$2.00M	―	―	―	―	―