Want to see TSE:ERKA full AI Analyst Report?
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$16.90M
Enterprise ValueC$9.93
Total Cash (Recent Filing)C$517.22K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta3.04
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 SheetThe absence of debt limits mandatory interest and principal payments, giving Eureka Lithium greater financial flexibility while it advances exploration. This does not remove funding risk, but it reduces leverage-related pressure compared with a similarly loss-making, indebted company.
Improved Exploration TargetingThe survey may improve identification and prioritization of exploration targets at the Tyee Titanium Project. Better geological information can focus future drilling and resource evaluation, potentially increasing the efficiency and quality of the next exploration phase.
Reduced Cash Burn In 2025A reduction in cash burn provides some evidence of improved spending discipline or lower activity costs, which could extend the company’s funding runway. The benefit remains limited because operating and free cash flow are still negative and no sustained positive generation is demonstrated.
Bears Say
Pre-Revenue Business ModelWithout revenue or gross profit, Eureka Lithium has not yet demonstrated commercial production, customer demand, or operating leverage. Its fundamental value remains dependent on successful exploration and eventual development, creating substantial execution and financing risk over the next several months.
Persistent Losses And Negative Cash FlowContinued losses and negative cash generation indicate that the business cannot currently fund itself from operations. Reliance on external capital is likely to remain important, exposing shareholders to financing availability, dilution, and interruptions if funding conditions weaken.
Capital ErosionDeclining equity and assets show that recurring losses are consuming the company’s capital base despite its lack of debt. A shrinking balance sheet can reduce financial resilience, constrain exploration capacity, and increase the importance of future equity financing.
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$16.90M.
When is Eureka Lithium Corp.’s upcoming earnings report date?
Eureka Lithium Corp.’s upcoming earnings report date is Aug 25, 2026 which is tomorrow.
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.
Technical Analysis
Imagine Lithium Inc
―
Noram Lithium Corp
―
Grounded Lithium
―
One World Lithium
―
Ameriwest Lithium
―