Eskay Mining (ESK) AI Stock Analysis

• Market Cap: C$46.87M
• Dividend Yield: N/A
• Average Volume (3M): 33.45K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.86
• Revenue Growth: N/A
• EPS Growth: -209.38%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Industrial Materials
• EPS (TTM): -0.03
• Shares Outstanding: 183,817,120
• 10 Day Avg. Volume: 57,215
• 30 Day Avg. Volume: 33,453
• PEG Ratio: -0.31
• Price to Book (P/B): 8.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 26.19
• 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

• Rating: 44 Neutral
• Price Target: ―

Eskay Mining's overall stock score is hindered by its financial performance, marked by a lack of revenue and persistent losses. While technical analysis shows positive momentum, the negative P/E ratio suggests valuation concerns. The recent exploration initiative may offer future potential but does not improve the current financial outlook significantly.

Eskay Mining Business Overview & Revenue Model

Company Description

Eskay Mining Corp., a natural resource company, engages in the acquisition and exploration of mineral properties, and precious and base metal deposits in British Columbia, Canada. It holds 100% interests in the ESKAY-Corey property located in northwestern British Columbia. The company was formerly known as Kenrich-Eskay Mining Corp. and changed its name to Eskay Mining Corp. in November 2009. Eskay Mining Corp. was founded in 1980 and is headquartered in Toronto, Canada.

How the Company Makes Money

Eskay Mining makes money primarily through the exploration and potential development of mineral properties. As a junior exploration company, its revenue model is largely dependent on discovering economically viable mineral deposits and increasing the value of its properties. The company may generate revenue by entering into joint ventures or partnerships with larger mining companies, selling exploration rights, or eventually developing the mines themselves if significant mineral reserves are confirmed. Funding for exploration efforts typically comes from equity financing and strategic partnerships.

Eskay Mining Financial Statement Overview

Summary

Eskay Mining faces significant financial hurdles, with no revenue generation and continuous losses impacting profitability. While the balance sheet indicates leverage stability, cash flow management remains an area of concern, hindering future growth prospects.

Income Statement

Eskay Mining shows no revenue generation, leading to persistent negative gross profit, EBIT, and net income margins. The absence of revenue growth highlights the significant financial challenges faced in achieving profitability.

Balance Sheet

The company's balance sheet displays moderate stability with no debt and a positive equity level. Despite a low debt-to-equity ratio, the company has seen a decline in total assets and stockholders' equity over time.

Cash Flow

Eskay Mining's cash flow statement reflects inconsistent free cash flow, with operating cash flow only recently turning positive. The ratio of operating cash flow to net income suggests challenges in converting earnings into cash.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-46.46K	-44.38K	-31.67K	-15.79K	-2.02K	-2.16K
	EBIT
-5.25M	-5.78M	-19.32M	-14.19M	-14.20M	-1.30M
	EBITDA
-5.52M	-5.77M	-17.55M	-18.72M	-15.55M	-1.33M
	Net Income Common Stockholders
-5.46M	-2.80M	-19.59M	-18.89M	-14.18M	-1.34M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.18M	2.84M	3.02M	876.22K	14.47M	177.31K
	Total Assets
5.15M	6.05M	9.51M	8.48M	15.62M	278.57K
	Total Debt
0.00	0.00	2.78M	2.47M	0.00	0.00
	Net Debt
-2.18M	-2.84M	-241.25K	1.59M	-14.47M	-177.31K
	Total Liabilities
623.65K	379.08K	3.18M	2.99M	4.98M	926.21K
	Stockholders Equity
4.53M	5.67M	6.33M	5.49M	10.63M	-647.65K
Cash Flow		Free Cash Flow
1.51M	-184.63K	-14.86M	-15.49M	-6.25M	-418.39K
	Operating Cash Flow
1.51M	-107.11K	-14.77M	-15.44M	-6.17M	-418.39K
	Investing Cash Flow
0.00	-77.51K	-94.55K	-48.98K	-80.96K	0.00
	Financing Cash Flow
0.00	0.00	17.01M	1.89M	20.55M	535.00K

Eskay Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.27
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ESK, the sentiment is Positive. The current price of 0.27 is above the 20-day moving average (MA) of 0.24, above the 50-day MA of 0.26, and above the 200-day MA of 0.21, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.95 is Neutral, neither overbought nor oversold. The STOCH value of 82.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ESK.

Eskay Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCCM	53 Neutral	C$61.93M	―	-3.76%	―	―	-192.50%
Sector *	51 Neutral	$2.03B	-1.13	-21.36%	3.65%	2.87%	-30.54%
ESK	44 Neutral	C$46.87M	―	-86.73%	―	―	-209.38%
WM	39 Underperform	C$76.99M	―	-3.20%	―	―	9.09%
TSK	34 Underperform	C$56.82M	―	-795.16%	―	―	3.75%
FPC	33 Underperform	C$72.99M	470.00	0.37%	―	―	-9.60%
DLPRF		$34.88M	―	-271.21%	―	―	―

Eskay Mining Corporate Events

Eskay Mining Targets High-Value Discoveries with 2025 Exploration Initiative

Eskay Mining has announced its 2025 prospecting and mapping program aimed at advancing its TV Zone and C10-Vermillion-Ted Morris targets to drill readiness. Following promising assay results from 2024, which revealed high-grade gold and silver deposits, Eskay Mining plans to continue exploration efforts, potentially leading to significant discoveries. The strategic location of these targets near previous successful mines underscores the potential impact on Eskay’s operations and market positioning.