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ERKA Stock Chart & Stats
C$0.32
C$0.02(6.67%)
At close: 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$15.96M
Enterprise ValueC$9.93
Total Cash (Recent Filing)C$517.22K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.71
Next Earnings
Aug 25, 2026EPS 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 balance sheet materially reduces financial default risk and preserves strategic optionality. Over 2–6 months this provides durable flexibility to prioritize exploration or development spending, negotiate longer timelines with partners, and avoid interest-driven cash drains while the company seeks revenue.
Improving Cash-burn TrendA meaningful improvement in cash burn is a durable operational signal: it indicates management is beginning to rein in outflows or advance projects more efficiently. If sustained, this trend lengthens runway, reduces near-term financing needs, and lowers execution risk during project commercialization.
Cash Losses Align With Free Cash FlowReported losses that track actual free cash outflows imply earnings quality is not obscured by large non-cash items. This transparency improves forecasting reliability for capital planning and financing requirements, a durable advantage when assessing how much external funding will be needed.
Bears Say
No Revenue Or Gross ProfitA sustained pre-revenue profile means the core business model is unproven and the company lacks operating margins. Over months this raises existential reliance on future project commercialization or financing, making long-term margin sustainability and competitive positioning uncertain.
Persistent Negative Operating Cash FlowRecurring negative operating and free cash flow creates a durable financing challenge: it forces periodic capital raises, dilutes existing shareholders, and constrains investments. Continued cash burn elevates execution risk over a 2–6 month horizon absent a clear path to positive cash generation.
Capital Erosion And Shrinking EquityA sharp decline in equity and total assets signals capital depletion from losses and weak balance-sheet resilience. This structural weakening reduces strategic flexibility, increases the probability of dilutive financing or asset sales, and heightens long-term survival risk without revenue.
Eureka Lithium News
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$15.96M.
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 24 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.
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.
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