Announcement • Apr 02
Energy Metals Limited, Annual General Meeting, May 27, 2026 Energy Metals Limited, Annual General Meeting, May 27, 2026. New Risk • Dec 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.7m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$154k revenue, or US$102k). Market cap is less than US$10m (AU$14.7m market cap, or US$9.70m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • Sep 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 15% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$154k revenue, or US$100k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$22.0m market cap, or US$14.4m). New Risk • Sep 09
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$119k revenue, or US$79k). Market cap is less than US$10m (AU$14.7m market cap, or US$9.70m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Aug 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.5m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$119k revenue, or US$77k). Market cap is less than US$10m (AU$15.5m market cap, or US$9.97m). Announcement • Apr 17
Energy Metals Limited, Annual General Meeting, May 27, 2025 Energy Metals Limited, Annual General Meeting, May 27, 2025. Board Change • Apr 10
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. MD, CEO & Director Shubiao Tao was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Feb 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$15.3m (US$9.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$23k revenue, or US$15k). Market cap is less than US$10m (AU$15.3m market cap, or US$9.70m). Reported Earnings • Sep 15
First half 2024 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2023) First half 2024 results: AU$0.001 loss per share (in line with 1H 2023). Net loss: AU$290.3k (loss widened 72% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 44% per year, which means it is significantly lagging earnings. New Risk • Sep 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 2.2% per year over the past 5 years. Revenue is less than US$1m (AU$6.2k revenue, or US$4.2k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$18.9m market cap, or US$12.7m). Announcement • Apr 28
Energy Metals Limited, Annual General Meeting, May 28, 2024 Energy Metals Limited, Annual General Meeting, May 28, 2024, at 10:00 W. Australia Standard Time. Location: Level 2, 5 Ord Street, West Perth Western Australia Australia Agenda: To consider Adoption of the Remuneration Report for the year ended December 31, 2023; to consider Re-election of Mr Lindsay Dudfield as a Director; to consider Re-election of Mr Zhe Xu as a Director; to consider Confirmation of appointment and Re-election of Mr Deqiang Tian as a Director; to consider Confirmation of appointment and Re-election of Mr Shubiao Tao as a Director; to consider Confirmation of appointment and Re-election of Mr Wei Wang as a Director; to consider Appointment of Auditor; and to consider Change of Constitution. New Risk • Jan 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Revenue is less than US$1m (AU$216k revenue, or US$142k). Minor Risk Market cap is less than US$100m (AU$33.5m market cap, or US$22.1m). Announcement • Sep 20
Energy Metals Limited Appoints Ehsan Agahi to Board of Directors Energy Metals Limited appoints Ehsan Agahi to Board of Directors Canamera Energy Metals Corp. (the "Company") announces that Ehsan Agahi has been appointed to the board of directors of the Company. Mr. Agahi is partner at Zephyr Venture Partners, with a focus on structuring capital market deals within the health science industry. With more than seven years of consultancy experience, Ehsan consulted with biotech labs from 2015-2017, gaining exposure to diverse scientific research fields. Over the past five years, Ehsan has played a pivotal role as an advisor and director for private companies, specializing in crafting strategic deals such as acquisitions, mergers, takeovers, and financings. Mr. Agahi fills the vacancy created by James McCrea, who has resigned from the Company to focus on other commitments. The board of directors thanks Mr. McCrea for his service to the Company. Reported Earnings • Sep 13
First half 2023 earnings released: AU$0.001 loss per share (vs AU$0.002 loss in 1H 2022) First half 2023 results: AU$0.001 loss per share (improved from AU$0.002 loss in 1H 2022). Net loss: AU$168.6k (loss narrowed 53% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Announcement • Aug 24
Energy Metals Limited Announces Board Changes Energy Metals Limited announced the appointment of Mr. Deqiang Tian, as Non-Executive Chairman, following the resignation of Mr. Yusheng Cai. Mr. Wei Wang also joins the Board as a Non-Executive Director, following the resignation of Mr. Zhe Gao. Mr. Shubiao Tao, the Company's CEO, has stepped onto the Board as Managing Director. Mr. Shuqing Xiao, who stepped down from Managing Director as announced on 12 June 2023, resigned from the Board. These changes take effect immediately. Mr. Tian holds a Bachelor of Engineering with a major in equipment engineering and management. He has over 20 years' experience in project construction and management, commencing his career as a plumbing engineer in 2000. He joined China General Nuclear Power Group ("CGNPC") in 2004 as Senior Engineer, and in 2010 became a project manager. He was promoted as a senior manager in 2020 and has been serving as Senior Executive in CGNPC. Currently, Mr. Tian is Chief Executive Officer and Chairman of CGNPC Uranium Logistic (Bejing) Ltd. Mr. Wang has extensive knowledge and over 10 years of experience in investing in new materials and high-end manufacturing industries. He graduated from Beihang University with a major in Computer Science and Technology. He founded Weisheng Growth (Beijing) Investment Management Co. Ltd. in 2009 and has been serving as General Manager since then. The managed assets portfolio amounts to approximately RMB1.75 billion. In 2017 when Ningbo Weisheng Dingxuan Equity Inv Cap Partnership ("Ningbo Weisheng") was established Mr. Wang was appointed as the representative of the fund's General Partner. He is also a founder and General Manager of Beijing Weisheng Composite Materials Co. Ltd. Currently Ningbo Weisheng is EME's second largest shareholder. Mr. Tao has rich knowledge and more than 20 years' experience in the energy industry. He holds a Bachelor degree of Arts and specialises in supply chain management, and investment management. He started his career as a procurement engineer in China Petroleum Pipeline Material & Equipment Corporation in 2003, a subsidiary of China National Petroleum Corporation. He joined CGN Uranium Resources Co. Ltd. ("CGNPC-URC") in 2010 as a procurement manager and was promoted to senior manager in 2011. In the past four years, Mr. Tao was the vice director of Capital Operation Department in CGNPC-URC. New Risk • Aug 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 5.7% per year over the past 5 years. Revenue is less than US$1m (AU$6.4k revenue, or US$4.1k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$23.1m market cap, or US$14.9m). Announcement • Jun 13
Energy Metals Limited Announces Executive Changes Energy Metals Limited announced that due to personal and other business commitments, Mr. Shuqing Xiao, has stepped down his role as Managing Director, with effect from today. Mr. Xiao will remain on the Board as a Non-Executive Director. The Board would like to thank Mr. Xiao for his effort and support in the past years and wishes him the best in his future endeavours. Following Mr. Xiao's resignation as Managing Director, EME announced that Mr. Shubiao Tao be appointed the Company's Chief Executive Officer, effective 12 June 2023. Mr. Tao has rich knowledge and more than 20 years' experience in the energy industry. He holds a Bachelor degree of Arts and specialises in supply chain management, and capital and investment management. He started his career as a procurement engineer in China Petroleum Pipeline Material & Equipment Corporation in 2003, a major subsidiary of China National Petroleum Corporation. He joined CGN Uranium Resources Co. Ltd. ("CGNPC-URC") in 2010 as a procurement manager and was promoted to senior manager in 2011. In the past four years, Mr. Tao was the vice director of Capital Operation Department in CGNPC-URC. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Non-Executive Chairman Yusheng Cai was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 10
First half 2022 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in 1H 2021) First half 2022 results: AU$0.002 loss per share (in line with 1H 2021). Net loss: AU$361.0k (loss narrowed 5.5% from 1H 2021). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Non-Executive Director Jan Macpherson was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Executive Departure • Mar 27
Non-Executive Director has left the company On the 26th of March, Junmei Xu's tenure as Non-Executive Director ended after 4.7 years in the role. We don't have any record of a personal shareholding under Junmei's name. A total of 3 executives have left over the last 12 months.