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Eureka Lithium Corp. (TSE:ERKA)
:ERKA
ERKA Stock Chart & Stats
C$0.51
>-C$0.01(-2.56%)
At close: 4:00 PM EST
C$0.51
>-C$0.01(-2.56%)
Day’s Range― - ―
52-Week RangeC$0.10 - C$0.56
Previous CloseN/A
Volume0.00
Average Volume (3M)33.75K
Market Cap
C$9.95M
Enterprise ValueC$4.41M
Total Cash (Recent Filing)C$542.87K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta2.54
Next Earnings
May 21, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding22,114,395
10 Day Avg. Volume9,123
30 Day Avg. Volume33,752
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.19
Price to Sales (P/S)0.00
P/FCF Ratio-0.32
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
Low Leverage / No DebtA debt-free balance sheet reduces ongoing interest obligations and preserves financing flexibility while the company advances development. Over a 2–6 month horizon this lowers default risk and gives management more options for capital structure choices as projects progress.
Improving Cash Burn TrendAn observed reduction in cash burn versus the prior year indicates progress in expense control or operational efficiency. If sustained, this extends runway, reduces near-term external funding needs and improves the firm's ability to execute medium-term project milestones.
Narrowing Net LossesA smaller loss year-over-year suggests management is beginning to rein in costs or benefit from scale effects. If this improvement persists, it enhances odds of reaching break-even sooner and supports more predictable planning and capital allocation over the next several quarters.
Bears Say
Pre-revenue StatusBeing pre-revenue leaves the company without operating cash inflows and with limited revenue visibility, increasing execution and commercial risk. Over 2–6 months this elevates reliance on successful project development or financing to validate the business model.
Consistent Negative Cash FlowPersistent negative operating and free cash flow means ongoing funding needs and potential dilution from capital raises. This structural cash consumption constrains reinvestment, makes long-term planning dependent on external financing, and raises execution risk.
Eroding Equity And Negative ROEMeaningful declines in equity/assets and sharply negative ROE signal balance-sheet erosion from losses. This reduces the firm's financial buffer, limits borrowing capacity, and heightens solvency risk if losses continue, pressuring strategic flexibility long-term.
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$0.10 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$9.95M.
When is Eureka Lithium Corp.’s upcoming earnings report date?
Eureka Lithium Corp.’s upcoming earnings report date is May 21, 2026 which is in 86 days.
How were Eureka Lithium Corp.’s earnings last quarter?
Eureka Lithium Corp. released its earnings results on Dec 01, 2025. The company reported -C$0.017 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.017.
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 22,114,395 shares outstanding.
What happened to Eureka Lithium Corp.’s price movement after its last earnings report?
Eureka Lithium Corp. reported an EPS of -C$0.017 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
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., a junior mining company, engages in the acquisition, exploration, and development of mineral properties in Canada. It has an option to acquire a 75% interest in the North McKinney property comprises five mineral claims totaling 1,289 hectares located on the southeast slope of Mt. Baldy in southern British Columbia. The company was formerly known as Scout Minerals Corp. and changed its name to Eureka Lithium Corp. in June 2023. The company was incorporated in 2021 and is headquartered in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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