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Eureka Lithium (ERKA) Price & Analysis

34 Followers

ERKA Stock Chart & Stats

C$0.32

C$0.02(6.67%)

At close: Jul 24 4:00 PM EDT

C$0.32

C$0.02(6.67%)

Day’s Range― - ―

52-Week RangeC$0.18 - C$0.56

Previous CloseN/A

Volume199.85K

Average Volume (3M)33.75K

Market Cap

C$16.43M

Enterprise ValueC$9.93

Total Cash (Recent Filing)C$517.22K

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta2.68

Next Earnings

Aug 25, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.29

Shares Outstanding46,938,374

10 Day Avg. Volume9,123

30 Day Avg. Volume33,752

Financial Highlights & Ratios

PEG Ratio0.01

Price to Book (P/B)8.26

Price to Sales (P/S)0.00

P/FCF Ratio-7.13

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

Bulls Say, Bears Say

Bulls Say

Debt-free Balance SheetA debt-free capital structure materially reduces fixed financial obligations and interest risk, giving management flexibility to time equity or project financings. That structural strength supports survival and strategic optionality over the coming months despite operating losses.

Improved Cash Burn In 2025Meaningful reduction in cash burn in the most recent year indicates operational cost control or efficiency gains. If sustained, this improvement prolongs runway, reduces near-term external funding needs and makes execution on development milestones more achievable over the next 2–6 months.

Cash Losses Aligned With Reported LossesReported losses that are closely matched by free cash flow imply limited accrual manipulation and clearer earnings quality. That transparency aids realistic runway and financing planning and lowers the risk of hidden write-downs or sudden non-cash adjustments.

Bears Say

Pre-revenue ProfileAbsence of any revenue or gross profit is a fundamental constraint: business model commercialization is unproven, unit economics are unknown, and the company lacks operating leverage. This structural uncertainty elevates execution risk and dependence on future funding rounds.

Persistent And Larger Losses In 2025Sustained negative operating results with a materially larger loss in the latest year indicate deteriorating profitability and capital erosion. Over months this weakens equity cushions, pressures stakeholder confidence, and raises likelihood of dilutive financings to sustain operations.

Negative Operating And Free Cash FlowConsistent negative cash generation forces dependence on external capital infusions. That dynamic creates ongoing dilution and execution risk, and unless cash flow turns positive, the company faces structural funding challenges that could constrain strategic initiatives.

Eureka Lithium News

Eureka Lithium Sheds Nunavik Claims, Refocuses on New Canadian Projects

The latest update is out from Eureka Lithium ( ($TSE:ERKA) ). Eureka Lithium Corp. has clarified that it...

4M ago

Eureka Lithium Launches $6 Million Financing to Fund Exploration

Eureka Lithium ( ($TSE:ERKA) ) just unveiled an announcement. Eureka Lithium Corp. plans to raise up to $2...

5M ago

Eureka Lithium Secures 100% Ownership of Cabin Lake and Tyee Projects in Canada

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium has completed the acquisition of Stairway Mining...

5M ago

Eureka Lithium to Acquire Titanium, Vanadium and Precious Metals Projects via Stairway Mining Deal

An announcement from Eureka Lithium ( ($TSE:ERKA) ) is now available. Eureka Lithium Corp. has entered into a...

6M ago

Eureka Lithium Adds Experienced Advisor Cody Simpson to Board as Director Resigns

Eureka Lithium ( ($TSE:ERKA) ) has provided an announcement. Eureka Lithium Corp. has appointed Cody Simpson, an enterprise...

6M ago

Eureka Lithium Completes Debt Settlement with Share Issuance

Eureka Lithium ( ($TSE:ERKA) ) has provided an announcement. Eureka Lithium Corp. has completed debt settlements by issuing...

1y ago

Eureka Lithium Requires Shareholder Approval for Warrant Exercise Post-Private Placement

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium Corp. has announced that the warrants issued...

1y ago

Eureka Lithium Corp. Completes $823,761.92 Private Placement to Boost Exploration Efforts

Eureka Lithium ( ($TSE:ERKA) ) just unveiled an announcement. Eureka Lithium Corp. has successfully closed a non-brokered private...

1y ago

Eureka Lithium Corp Announces Strategic Debt Settlements

An announcement from Eureka Lithium ( ($TSE:ERKA) ) is now available. Eureka Lithium Corp has announced debt settlement...

1y ago

Eureka Lithium Corp Announces $825,000 Private Placement Financing

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium Corp has announced a non-brokered private placement...

1y ago

ERKA FAQ

What was Eureka Lithium Corp.’s price range in the past 12 months?

Eureka Lithium Corp. lowest stock price was C$0.18 and its highest was C$0.56 in the past 12 months.

What is Eureka Lithium Corp.’s market cap?

Eureka Lithium Corp.’s market cap is C$16.43M.

When is Eureka Lithium Corp.’s upcoming earnings report date?

Eureka Lithium Corp.’s upcoming earnings report date is Aug 25, 2026 which is in 23 days.

How were Eureka Lithium Corp.’s earnings last quarter?

Currently, no data Available

Is Eureka Lithium Corp. overvalued?

According to Wall Street analysts Eureka Lithium Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Eureka Lithium Corp. pay dividends?

Eureka Lithium Corp. does not currently pay dividends.

What is Eureka Lithium Corp.’s EPS estimate?

Eureka Lithium Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Eureka Lithium Corp. have?

Eureka Lithium Corp. has 46,938,374 shares outstanding.

What happened to Eureka Lithium Corp.’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Eureka Lithium Corp.?

Currently, no hedge funds are holding shares in TSE:ERKA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Eureka Lithium Corp.

Eureka Lithium Corp. is an emerging mining company dedicated to identifying, exploring, and developing mineral resources throughout Canada. The firm possesses an exclusive right to acquire a 75% ownership share in the North McKinney property, which consists of five mining claims covering 1,289 hectares situated on the southeastern face of Mt. Baldy in southern British Columbia. Initially incorporated in 2021 as Scout Minerals Corp., the company adopted its current name, Eureka Lithium Corp., in June 2023. Its operational base is in Vancouver, Canada.