Euro Manganese（EMN）株式概要ユーロマンガン社は、鉱物資産の評価、探査、開発に従事している。 詳細EMN ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性0/6配当金0/6リスク分析マイナスの株主資本 過去5年間で収益は年間14.7%減少しました。 キャッシュランウェイが1年未満である 意味のある収益がありません ( CA$5M )+1 さらなるリスクすべてのリスクチェックを見るEMN Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueCA$Current PriceCA$0.1184.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-32m76m2016201920222025202620282031Revenue CA$75.6mEarnings CA$10.0mAdvancedSet Fair ValueView all narrativesEuro Manganese Inc. 競合他社Electric RoyaltiesSymbol: TSXV:ELECMarket cap: CA$16.4mCanadian Critical MineralsSymbol: TSXV:CCMIMarket cap: CA$10.1mVal-d'Or MiningSymbol: TSXV:VZZMarket cap: CA$22.4mBattery Mineral ResourcesSymbol: TSXV:BMRMarket cap: CA$69.6m価格と性能株価の高値、安値、推移の概要Euro Manganese過去の株価現在の株価CA$0.1152週高値CA$0.4552週安値CA$0.09ベータ1.11ヶ月の変化-15.38%3ヶ月変化-35.29%1年変化-38.89%3年間の変化-86.25%5年間の変化-95.42%IPOからの変化-89.77%最新ニュースNew Risk • Jun 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (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 Less than 1 year of cash runway based on free cash flow trend (-CA$6.5m free cash flow). Negative equity (-CA$5.0m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (CA$13.6m market cap, or US$9.70m). Minor Risk Revenue is less than US$5m (CA$4.9m revenue, or US$3.5m).Reported Earnings • May 17Second quarter 2026 earnings released: CA$0.031 loss per share (vs CA$0.05 loss in 2Q 2025)Second quarter 2026 results: CA$0.031 loss per share. Revenue: CA$1.25m (up 43% from 2Q 2025). Net loss: CA$4.43m (loss widened 11% from 2Q 2025).Reported Earnings • Feb 19First quarter 2026 earnings released: CA$0.025 loss per share (vs CA$0.064 loss in 1Q 2025)First quarter 2026 results: CA$0.025 loss per share (improved from CA$0.064 loss in 1Q 2025). Revenue: CA$1.15m (up 11% from 1Q 2025). Net loss: CA$3.63m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Revenue is less than US$5m (CA$4.4m revenue, or US$3.2m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).お知らせ • Jan 14Euro Manganese Announces the Resignation of John Webster as Director, Effective January 13, 2026Euro Manganese Inc. announced changes to its Board of Directors. Mr. John Webster has tendered his resignation as Director of the Company, effective January 13, 2026. Mr. Webster has served on the Board for over ten years. During his tenure, Mr. Webster provided experienced oversight and guidance to the Board, supporting the Company through key phases of project advancement, financing activity, and strategic positioning.分析記事 • Dec 22Is Euro Manganese (CVE:EMN) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...最新情報をもっと見るRecent updatesNew Risk • Jun 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (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 Less than 1 year of cash runway based on free cash flow trend (-CA$6.5m free cash flow). Negative equity (-CA$5.0m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (CA$13.6m market cap, or US$9.70m). Minor Risk Revenue is less than US$5m (CA$4.9m revenue, or US$3.5m).Reported Earnings • May 17Second quarter 2026 earnings released: CA$0.031 loss per share (vs CA$0.05 loss in 2Q 2025)Second quarter 2026 results: CA$0.031 loss per share. Revenue: CA$1.25m (up 43% from 2Q 2025). Net loss: CA$4.43m (loss widened 11% from 2Q 2025).Reported Earnings • Feb 19First quarter 2026 earnings released: CA$0.025 loss per share (vs CA$0.064 loss in 1Q 2025)First quarter 2026 results: CA$0.025 loss per share (improved from CA$0.064 loss in 1Q 2025). Revenue: CA$1.15m (up 11% from 1Q 2025). Net loss: CA$3.63m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Revenue is less than US$5m (CA$4.4m revenue, or US$3.2m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).お知らせ • Jan 14Euro Manganese Announces the Resignation of John Webster as Director, Effective January 13, 2026Euro Manganese Inc. announced changes to its Board of Directors. Mr. John Webster has tendered his resignation as Director of the Company, effective January 13, 2026. Mr. Webster has served on the Board for over ten years. During his tenure, Mr. Webster provided experienced oversight and guidance to the Board, supporting the Company through key phases of project advancement, financing activity, and strategic positioning.分析記事 • Dec 22Is Euro Manganese (CVE:EMN) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Dec 19Full year 2025 earnings released: CA$0.17 loss per share (vs CA$0.23 loss in FY 2024)Full year 2025 results: CA$0.17 loss per share (improved from CA$0.23 loss in FY 2024). Revenue: CA$4.39m (up 36% from FY 2024). Net loss: CA$17.6m (loss narrowed 4.0% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.分析記事 • Sep 10Would Euro Manganese (CVE:EMN) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Aug 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (CA$4.1m revenue, or US$3.0m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).Reported Earnings • Aug 15Third quarter 2025 earnings released: CA$0.03 loss per share (vs CA$0.054 loss in 3Q 2024)Third quarter 2025 results: CA$0.03 loss per share (improved from CA$0.054 loss in 3Q 2024). Revenue: CA$1.53m (up 17% from 3Q 2024). Net loss: CA$3.65m (loss narrowed 17% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.お知らせ • May 29Euro Manganese Inc. announced that it has received CAD 9.824103 million in funding from European Bank for Reconstruction and other investors.On May 28, 2025, Euro Manganese Inc closed the transaction. The transaction involves participation from European Bank for Reconstruction and Development for 21,400,000 units, Mr. Eric Sprott, through 2176423 Ontario Ltd for 16,666,666 units and 1,396,666 units by other non related investors. Subscriptions by directors of the company for 464,741 units and 14,650,278 by Joint Lead Managers.New Risk • May 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-CA$692k). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Revenue is less than US$5m (CA$3.9m revenue, or US$2.9m). Market cap is less than US$100m (CA$22.8m market cap, or US$16.6m).お知らせ • May 22Euro Manganese Inc. has completed a Follow-on Equity Offering in the amount of AUD 2.906804 million.Euro Manganese Inc. has completed a Follow-on Equity Offering in the amount of AUD 2.906804 million. Security Name: Chess Depository Interests Security Type: Depositary Receipt (Common Stock) Securities Offered: 14,906,688 Price\Range: AUD 0.195 Security Features: Attached Warrants Transaction Features: Subsequent Direct ListingNew Risk • May 16New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$692k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$692k). Earnings have declined by 21% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$3.9m revenue, or US$2.8m). Market cap is less than US$100m (CA$18.5m market cap, or US$13.3m).お知らせ • Apr 16Euro Manganese Inc. Announces Board ChangesEuro Manganese Inc. announced that Mr. Rick Anthon has been appointed Chairman of the Board of Directors as of April 11, 2025 Mr. Anthon was originally expected to join the Board upon the closing of the Financing, which is now anticipated to close on or about May 22, 2025, subject to shareholder approval. However, his appointment has been brought forward following unanimous approval by the other directors. The Company's current Chairman, Mr. John Webster, is stepping down as Chairman but will remain on the Board and as Chair of the Audit Committee. Mr. Anthon's appointment comes at a pivotal time for Euro Manganese as it advances the development of its Chvaletice Manganese Project. His addition to the Board brings decades of battery metals experience and reflects the Company's continued focus on building a strong leadership platform to support its role as a key contributor to Europe's battery materials supply chain. During his tenure as Director of Corporate Development at Allkem Limited, Mr. Anthon led the company's corporate development activities while it evolved from a junior explorer to a major industry player, navigating a successful IPO and playing a key role in Allkem's AUD 16 billion merger with Livent to create Arcadium Lithium, now one of the world's largest lithium producers and a NYSE-listed company that is being acquired by Rio Tinto. He currently serves as Chairman of the Board at Savannah Resources, a European-focused lithium producer, as well as Chairman of Greenwing Resources Limited, which has lithium brine operations in Argentina and a graphite project in Madagascar. Mr. Anthon is also Chairman of Rapid Lithium Limited, which is focused on lithium exploration in South Dakota, and Non-Executive Director at Savannah Goldfields Limited.お知らせ • Mar 12Euro Manganese Inc., Annual General Meeting, Apr 22, 2025Euro Manganese Inc., Annual General Meeting, Apr 22, 2025.New Risk • Mar 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.81m) 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (CA$14.1m market cap, or US$9.81m). Minor Risk Revenue is less than US$5m (CA$4.3m revenue, or US$3.0m).お知らせ • Mar 07+ 1 more updateEuro Manganese Inc. has filed a Follow-on Equity Offering in the amount of AUD 2.834135 million.Euro Manganese Inc. has filed a Follow-on Equity Offering in the amount of AUD 2.834135 million. Security Name: Chess Depository Interests Security Type: Depositary Receipt (Common Stock) Securities Offered: 72,670,125 Price\Range: AUD 0.039 Discount Per Security: AUD 0.00234 Security Features: Attached Warrants Transaction Features: Subsequent Direct ListingNew Risk • Mar 05New major risk - Revenue and earnings growthEarnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$18m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$4.3m revenue, or US$2.9m). Market cap is less than US$100m (CA$16.1m market cap, or US$11.1m).New Risk • Dec 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.80m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (CA$14.1m market cap, or US$9.80m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Revenue is less than US$5m (CA$3.2m revenue, or US$2.2m).Board Change • Nov 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman John Webster was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 14+ 2 more updatesEuro Manganese Inc. Announces Chief Financial Officer ChangesEuro Manganese Inc. announced that, effective November 12, 2024 Vancouver time, Martina Blahova, the Company’s current Chief Financial Officer, has been appointed as Interim Chief Executive Officer. Euro Manganese also announced that Dean Larocque has been appointed as the Company’s new Chief Financial Officer effective November 12, 2024, replacing Ms. Blahova who is stepping into the Interim CEO role. Mr. Larocque is a seasoned finance professional and a Chartered Professional Accountant (CPA) in Canada and a Certified Professional Accountant (CPA) in the United States (Oregon, Nevada, Alaska). He has over 30 years of experience, including an 18-year tenure as a Senior Assurance Partner at PwC. Mr. Larocque has substantial experience in initial public offerings, mergers and acquisitions, due diligence, all forms of financing, dual listings, and mining and public company-specific accounting, regulatory and controls issues. In addition to his CPA certifications, Mr. Larocque recently obtained his Independent Corporate Director (ICD.D) designation. He is a graduate of the Institute of Corporate Directors at the Rotman School of Management and Beedie School of Business, is a designated Certified Financial Planner (CFP), and holds a joint Bachelor of Business Administration (BBA) and Bachelor of Arts in Economics (BA) from Simon Fraser University.お知らせ • Oct 03Euro Manganese Inc. Appoints Ludivine Wouters as Non-Executive DirectorEuro Manganese Inc. announced the appointment of Ms. Ludivine Wouters as a non-executive Director to the Board of Directors (the "Board") of the Company, effective October 2, 2024. As previously announced, Ms. Wouters' official appointment follows her successful acquisition of a Director Identification Number (DIN) from the Australian Business Registry Services.お知らせ • Sep 26Euro Manganese Inc. Announces Board ChangesEuro Manganese Inc. announced that it will appoint Ms. Ludivine Wouters as a non-executive Director to the Board of Directors (Board) of the company. Ms. Wouters is based in France and has experience in European policy on mining and minerals, including critical raw materials, which will be invaluable to the company as it moves forward with the development of the Chvaletice Manganese Project (Project) in the Czech Republic. Ludivine is currently managing partner of Latitude Five where she oversees the Mining and Minerals practice. As a strategy, governance, and policy adviser with expertise in transaction management, regulatory affairs, government relations and permitting, she assists natural resources companies and investors. She also works on technical assistance programs for States, focusing on mining and minerals policy, governance, and taxation, and assists donor agencies, policy shapers and other stakeholders in the definition and implementation of critical minerals and responsible sourcing priorities. Ludivine has experience in political risk insurance and significant legal experience in corporate law, mergers and acquisitions and capital markets with leading international firms in Paris, and she also worked for an emerging markets investment bank in London. Ludivine holds a Master in Business Law with Honours from Université Panthéon Assas (Paris II) and a JD in Law with Honours from Université Panthéon Sorbonne (Paris I) and is called to the Bar in Paris. In 2013, she was nominated by her peers to be one of 100 Global Inspirational Women in Mining. Ludivine is currently a Visiting Fellow with the European Council on Foreign Relations (ECFR). Ms. Wouters' appointment will not take effect until she has obtained a director identification number (DIN) from the Australian Business Registry Services. The timing for the issue of the DIN is expected to be no more than 30 days. The company also announced that Mr. Gregory Martyr has stepped down from the Board of Directors, effective September 25, 2024, due to personal commitments.お知らせ • Aug 30Euro Manganese Inc. Announces Change of Corporate SecretaryEuro Manganese Inc. announced the appointment of Ms. Laurel Petryk as Vice President Legal & Corporate Secretary of the Company effective September 1, 2024. In keeping with the Company’s long-standing succession plan, Ms. Petryk will replace Mr. Fausto Taddei, who will be retiring effective August 31, 2024. Mr. Taddei will work with the Company to support a seamless change and remain available to provide guidance and support during the transition phase. Ms. Petryk joined Euro Manganese as General Counsel in 2021 and has over 24 years of experience working as a lawyer in corporate, securities, governance, and mining gained from a large national firm and in house, and regulatory experience including working at the British Columbia Securities Commission. Ms. Petryk holds a law degree from the University of Calgary and is a member of the Law Society of British Columbia.New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Revenue is less than US$5m (CA$2.5m revenue, or US$1.9m). Market cap is less than US$100m (CA$16.1m market cap, or US$11.9m).New Risk • Aug 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$2.5m revenue, or US$1.8m). Market cap is less than US$100m (CA$14.1m market cap, or US$10.3m).お知らせ • Aug 01Euro Manganese Inc. to Report Q3, 2024 Results on Aug 14, 2024Euro Manganese Inc. announced that they will report Q3, 2024 results on Aug 14, 2024New Risk • Jul 09New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (CA$1.2m revenue, or US$878k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$28.2m market cap, or US$20.7m).New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Revenue is less than US$1m (CA$1.2m revenue, or US$875k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$24.2m market cap, or US$17.7m).New Risk • Jun 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian 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 Risk Revenue is less than US$1m (CA$1.2m revenue, or US$872k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$30.2m market cap, or US$22.0m).分析記事 • May 14Euro Manganese (CVE:EMN) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 26We're A Little Worried About Euro Manganese's (CVE:EMN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...お知らせ • Dec 30Euro Manganese Inc., Annual General Meeting, Feb 29, 2024Euro Manganese Inc., Annual General Meeting, Feb 29, 2024.お知らせ • Dec 08Euro Manganese Inc. to Report Q4, 2023 Results on Dec 14, 2023Euro Manganese Inc. announced that they will report Q4, 2023 results After-Market on Dec 14, 2023New Risk • Nov 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 27% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$36.2m market cap, or US$26.7m).分析記事 • Oct 12We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...お知らせ • Oct 06Euro Manganese Inc. Provides Update on Land Rezoning and Esia for Chvaletice Manganese ProjectEuro Manganese Inc. announced the completion of the land rezoning processes for the Chvaletice Manganese Project, and an update on the Project's Environmental and Social Impact Assessment approval process. Highlights Rezong g of all tailings land and commercial plant land required for the Project is now complete, demonstrating continued support from local communities and municipal authorities. Noise abatement work has been completed to the satisfaction of the relevant authority and the amended ESIA has been resubmitted to the Czech Ministry of Environment for continuation of the ESIA approval process. Completion on of Land Rezoning for the Project The Municipality of Chvalice, which lies just to the west of the Project and on which a portion the Project's tailings and commercial plant site are located, has formally approved the rezoning of tailings land for mining use and certain areas within the commercial plant site that were required to be reclassified for heavy industrial use. Together with the rezoning of the Village of Trnavka's tailings land for mining use, announced on March 23, 2022, the rezoning requirements for the Project are now complete. Approval for the land-use plan change from both Chvaletice and Trnavka required intensive community consultation which has been ongoing for several years. The valuable local input received was factored into the Project's planning and design. The rezoning demonstrates continued support from local communities and municipal authorities. Update on ESIA Permitting Process The Company has now resubmitted the amended ESIA to the MoE, which allows the ESIA approval process to continue. The Company anticipates the issuance of a positive decision on the revised ESIA within the next three months. As previously reported, the Ministry received comments from 14 relevant authorities on the ESIA, which was initially submitted in December 2022. All but one of the authorities approved the relevant studies. The Ministry returned the ESIA to the Company to address comments from that authority, related to noise abatement. While the Project's anticipated noise levels are within legislative limits for an industrial project, the cumulative effect when combined with neighbouring operations' existing noise emissions marginally exceeded permitted noise levels at the measurement points, located at the closest residential areas. The Company has completed necessary work to achieve the reduction in modelled noise level emissions and has addressed the authority's comments to their satisfaction.お知らせ • Aug 01Euro Manganese Inc. to Report Q3, 2023 Results on Aug 10, 2023Euro Manganese Inc. announced that they will report Q3, 2023 results After-Market on Aug 10, 2023New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$15m free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (CA$84.6m market cap, or US$64.2m).分析記事 • Jun 26We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Jan 31Euro Manganese Inc. to Report Q1, 2023 Results on Feb 09, 2023Euro Manganese Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 09, 2023分析記事 • Jan 15Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Dec 24Euro Manganese Inc., Annual General Meeting, Feb 24, 2023Euro Manganese Inc., Annual General Meeting, Feb 24, 2023.Board Change • Nov 16Less than half of directors are independentFollowing 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. 5 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • May 18Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Feb 14Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Dec 31Euro Manganese (CVE:EMN) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...分析記事 • Sep 16We Think Euro Manganese (CVE:EMN) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Euro Manganese...Is New 90 Day High Low • Jan 12New 90-day high: CA$0.54The company is up 170% from its price of CA$0.20 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.Is New 90 Day High Low • Nov 14New 90-day high: CA$0.30The company is up 369% from its price of CA$0.065 on 14 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 23New 90-day high: CA$0.27The company is up 350% from its price of CA$0.06 on 24 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.Is New 90 Day High Low • Oct 01New 90-day high: CA$0.21The company is up 200% from its price of CA$0.07 on 29 June 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.株主還元EMNCA Metals and MiningCA 市場7D4.8%0.8%-0.4%1Y-38.9%71.5%31.5%株主還元を見る業界別リターン: EMN過去 1 年間で71.5 % の収益を上げたCanadian Metals and Mining業界を下回りました。リターン対市場: EMNは、過去 1 年間で31.5 % のリターンを上げたCanadian市場を下回りました。価格変動Is EMN's price volatile compared to industry and market?EMN volatilityEMN Average Weekly Movement11.0%Metals and Mining Industry Average Movement11.3%Market Average Movement9.9%10% most volatile stocks in CA Market17.1%10% least volatile stocks in CA Market3.8%安定した株価: EMN 、 Canadian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: EMNの 週次ボラティリティ は、過去 1 年間で17%から11%に減少しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト201440Martina Blahovawww.mn25.caユーロ・マンガン社は、鉱物資産の評価、探鉱、開発に従事している。このプロジェクトは、チェコ共和国プラハの東に位置するリチウムイオン電池用のマンガン製品を生産するために、歴史的な鉱山の鉱滓をホストとするマンガン鉱床の再処理に関与している。Euro Manganese Inc.は2014年に法人化され、カナダのバンクーバーに本社を置いている。もっと見るEuro Manganese Inc. 基礎のまとめEuro Manganese の収益と売上を時価総額と比較するとどうか。EMN 基礎統計学時価総額CA$15.72m収益（TTM）-CA$16.47m売上高(TTM)CA$4.88m3.2xP/Sレシオ-1.0xPER（株価収益率EMN は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計EMN 損益計算書（TTM）収益CA$4.88m売上原価CA$5.36m売上総利益-CA$484.00kその他の費用CA$15.99m収益-CA$16.47m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.12グロス・マージン-9.93%純利益率-337.87%有利子負債／自己資本比率-661.2%EMN の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/19 06:36終値2026/06/19 00:00収益2026/03/31年間収益2025/09/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Euro Manganese Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Timothy HoffCanaccord Genuity
New Risk • Jun 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (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 Less than 1 year of cash runway based on free cash flow trend (-CA$6.5m free cash flow). Negative equity (-CA$5.0m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (CA$13.6m market cap, or US$9.70m). Minor Risk Revenue is less than US$5m (CA$4.9m revenue, or US$3.5m).
Reported Earnings • May 17Second quarter 2026 earnings released: CA$0.031 loss per share (vs CA$0.05 loss in 2Q 2025)Second quarter 2026 results: CA$0.031 loss per share. Revenue: CA$1.25m (up 43% from 2Q 2025). Net loss: CA$4.43m (loss widened 11% from 2Q 2025).
Reported Earnings • Feb 19First quarter 2026 earnings released: CA$0.025 loss per share (vs CA$0.064 loss in 1Q 2025)First quarter 2026 results: CA$0.025 loss per share (improved from CA$0.064 loss in 1Q 2025). Revenue: CA$1.15m (up 11% from 1Q 2025). Net loss: CA$3.63m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Revenue is less than US$5m (CA$4.4m revenue, or US$3.2m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).
お知らせ • Jan 14Euro Manganese Announces the Resignation of John Webster as Director, Effective January 13, 2026Euro Manganese Inc. announced changes to its Board of Directors. Mr. John Webster has tendered his resignation as Director of the Company, effective January 13, 2026. Mr. Webster has served on the Board for over ten years. During his tenure, Mr. Webster provided experienced oversight and guidance to the Board, supporting the Company through key phases of project advancement, financing activity, and strategic positioning.
分析記事 • Dec 22Is Euro Manganese (CVE:EMN) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Jun 11New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$13.6m (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 Less than 1 year of cash runway based on free cash flow trend (-CA$6.5m free cash flow). Negative equity (-CA$5.0m). Earnings have declined by 15% per year over the past 5 years. Market cap is less than US$10m (CA$13.6m market cap, or US$9.70m). Minor Risk Revenue is less than US$5m (CA$4.9m revenue, or US$3.5m).
Reported Earnings • May 17Second quarter 2026 earnings released: CA$0.031 loss per share (vs CA$0.05 loss in 2Q 2025)Second quarter 2026 results: CA$0.031 loss per share. Revenue: CA$1.25m (up 43% from 2Q 2025). Net loss: CA$4.43m (loss widened 11% from 2Q 2025).
Reported Earnings • Feb 19First quarter 2026 earnings released: CA$0.025 loss per share (vs CA$0.064 loss in 1Q 2025)First quarter 2026 results: CA$0.025 loss per share (improved from CA$0.064 loss in 1Q 2025). Revenue: CA$1.15m (up 11% from 1Q 2025). Net loss: CA$3.63m (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 47% per year, which means it is performing significantly worse than earnings.
New Risk • Jan 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$8.0m free cash flow). Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (19% average weekly change). Revenue is less than US$5m (CA$4.4m revenue, or US$3.2m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).
お知らせ • Jan 14Euro Manganese Announces the Resignation of John Webster as Director, Effective January 13, 2026Euro Manganese Inc. announced changes to its Board of Directors. Mr. John Webster has tendered his resignation as Director of the Company, effective January 13, 2026. Mr. Webster has served on the Board for over ten years. During his tenure, Mr. Webster provided experienced oversight and guidance to the Board, supporting the Company through key phases of project advancement, financing activity, and strategic positioning.
分析記事 • Dec 22Is Euro Manganese (CVE:EMN) Weighed On By Its Debt Load?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Dec 19Full year 2025 earnings released: CA$0.17 loss per share (vs CA$0.23 loss in FY 2024)Full year 2025 results: CA$0.17 loss per share (improved from CA$0.23 loss in FY 2024). Revenue: CA$4.39m (up 36% from FY 2024). Net loss: CA$17.6m (loss narrowed 4.0% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.
分析記事 • Sep 10Would Euro Manganese (CVE:EMN) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Aug 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Revenue is less than US$5m (CA$4.1m revenue, or US$3.0m). Market cap is less than US$100m (CA$24.3m market cap, or US$17.6m).
Reported Earnings • Aug 15Third quarter 2025 earnings released: CA$0.03 loss per share (vs CA$0.054 loss in 3Q 2024)Third quarter 2025 results: CA$0.03 loss per share (improved from CA$0.054 loss in 3Q 2024). Revenue: CA$1.53m (up 17% from 3Q 2024). Net loss: CA$3.65m (loss narrowed 17% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 54% per year, which means it is performing significantly worse than earnings.
お知らせ • May 29Euro Manganese Inc. announced that it has received CAD 9.824103 million in funding from European Bank for Reconstruction and other investors.On May 28, 2025, Euro Manganese Inc closed the transaction. The transaction involves participation from European Bank for Reconstruction and Development for 21,400,000 units, Mr. Eric Sprott, through 2176423 Ontario Ltd for 16,666,666 units and 1,396,666 units by other non related investors. Subscriptions by directors of the company for 464,741 units and 14,650,278 by Joint Lead Managers.
New Risk • May 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (28% average weekly change). Negative equity (-CA$692k). Earnings have declined by 21% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Minor Risks Revenue is less than US$5m (CA$3.9m revenue, or US$2.9m). Market cap is less than US$100m (CA$22.8m market cap, or US$16.6m).
お知らせ • May 22Euro Manganese Inc. has completed a Follow-on Equity Offering in the amount of AUD 2.906804 million.Euro Manganese Inc. has completed a Follow-on Equity Offering in the amount of AUD 2.906804 million. Security Name: Chess Depository Interests Security Type: Depositary Receipt (Common Stock) Securities Offered: 14,906,688 Price\Range: AUD 0.195 Security Features: Attached Warrants Transaction Features: Subsequent Direct Listing
New Risk • May 16New major risk - Negative shareholders equityThe company has negative equity. Total equity: -CA$692k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (27% average weekly change). Negative equity (-CA$692k). Earnings have declined by 21% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$3.9m revenue, or US$2.8m). Market cap is less than US$100m (CA$18.5m market cap, or US$13.3m).
お知らせ • Apr 16Euro Manganese Inc. Announces Board ChangesEuro Manganese Inc. announced that Mr. Rick Anthon has been appointed Chairman of the Board of Directors as of April 11, 2025 Mr. Anthon was originally expected to join the Board upon the closing of the Financing, which is now anticipated to close on or about May 22, 2025, subject to shareholder approval. However, his appointment has been brought forward following unanimous approval by the other directors. The Company's current Chairman, Mr. John Webster, is stepping down as Chairman but will remain on the Board and as Chair of the Audit Committee. Mr. Anthon's appointment comes at a pivotal time for Euro Manganese as it advances the development of its Chvaletice Manganese Project. His addition to the Board brings decades of battery metals experience and reflects the Company's continued focus on building a strong leadership platform to support its role as a key contributor to Europe's battery materials supply chain. During his tenure as Director of Corporate Development at Allkem Limited, Mr. Anthon led the company's corporate development activities while it evolved from a junior explorer to a major industry player, navigating a successful IPO and playing a key role in Allkem's AUD 16 billion merger with Livent to create Arcadium Lithium, now one of the world's largest lithium producers and a NYSE-listed company that is being acquired by Rio Tinto. He currently serves as Chairman of the Board at Savannah Resources, a European-focused lithium producer, as well as Chairman of Greenwing Resources Limited, which has lithium brine operations in Argentina and a graphite project in Madagascar. Mr. Anthon is also Chairman of Rapid Lithium Limited, which is focused on lithium exploration in South Dakota, and Non-Executive Director at Savannah Goldfields Limited.
お知らせ • Mar 12Euro Manganese Inc., Annual General Meeting, Apr 22, 2025Euro Manganese Inc., Annual General Meeting, Apr 22, 2025.
New Risk • Mar 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.81m) 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 Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (CA$14.1m market cap, or US$9.81m). Minor Risk Revenue is less than US$5m (CA$4.3m revenue, or US$3.0m).
お知らせ • Mar 07+ 1 more updateEuro Manganese Inc. has filed a Follow-on Equity Offering in the amount of AUD 2.834135 million.Euro Manganese Inc. has filed a Follow-on Equity Offering in the amount of AUD 2.834135 million. Security Name: Chess Depository Interests Security Type: Depositary Receipt (Common Stock) Securities Offered: 72,670,125 Price\Range: AUD 0.039 Discount Per Security: AUD 0.00234 Security Features: Attached Warrants Transaction Features: Subsequent Direct Listing
New Risk • Mar 05New major risk - Revenue and earnings growthEarnings have declined by 21% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$18m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 21% per year over the past 5 years. Minor Risks Revenue is less than US$5m (CA$4.3m revenue, or US$2.9m). Market cap is less than US$100m (CA$16.1m market cap, or US$11.1m).
New Risk • Dec 24New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: CA$14.1m (US$9.80m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (CA$14.1m market cap, or US$9.80m). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Revenue is less than US$5m (CA$3.2m revenue, or US$2.2m).
Board Change • Nov 25Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Chairman John Webster was the last independent director to join the board, commencing their role in 2015. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 14+ 2 more updatesEuro Manganese Inc. Announces Chief Financial Officer ChangesEuro Manganese Inc. announced that, effective November 12, 2024 Vancouver time, Martina Blahova, the Company’s current Chief Financial Officer, has been appointed as Interim Chief Executive Officer. Euro Manganese also announced that Dean Larocque has been appointed as the Company’s new Chief Financial Officer effective November 12, 2024, replacing Ms. Blahova who is stepping into the Interim CEO role. Mr. Larocque is a seasoned finance professional and a Chartered Professional Accountant (CPA) in Canada and a Certified Professional Accountant (CPA) in the United States (Oregon, Nevada, Alaska). He has over 30 years of experience, including an 18-year tenure as a Senior Assurance Partner at PwC. Mr. Larocque has substantial experience in initial public offerings, mergers and acquisitions, due diligence, all forms of financing, dual listings, and mining and public company-specific accounting, regulatory and controls issues. In addition to his CPA certifications, Mr. Larocque recently obtained his Independent Corporate Director (ICD.D) designation. He is a graduate of the Institute of Corporate Directors at the Rotman School of Management and Beedie School of Business, is a designated Certified Financial Planner (CFP), and holds a joint Bachelor of Business Administration (BBA) and Bachelor of Arts in Economics (BA) from Simon Fraser University.
お知らせ • Oct 03Euro Manganese Inc. Appoints Ludivine Wouters as Non-Executive DirectorEuro Manganese Inc. announced the appointment of Ms. Ludivine Wouters as a non-executive Director to the Board of Directors (the "Board") of the Company, effective October 2, 2024. As previously announced, Ms. Wouters' official appointment follows her successful acquisition of a Director Identification Number (DIN) from the Australian Business Registry Services.
お知らせ • Sep 26Euro Manganese Inc. Announces Board ChangesEuro Manganese Inc. announced that it will appoint Ms. Ludivine Wouters as a non-executive Director to the Board of Directors (Board) of the company. Ms. Wouters is based in France and has experience in European policy on mining and minerals, including critical raw materials, which will be invaluable to the company as it moves forward with the development of the Chvaletice Manganese Project (Project) in the Czech Republic. Ludivine is currently managing partner of Latitude Five where she oversees the Mining and Minerals practice. As a strategy, governance, and policy adviser with expertise in transaction management, regulatory affairs, government relations and permitting, she assists natural resources companies and investors. She also works on technical assistance programs for States, focusing on mining and minerals policy, governance, and taxation, and assists donor agencies, policy shapers and other stakeholders in the definition and implementation of critical minerals and responsible sourcing priorities. Ludivine has experience in political risk insurance and significant legal experience in corporate law, mergers and acquisitions and capital markets with leading international firms in Paris, and she also worked for an emerging markets investment bank in London. Ludivine holds a Master in Business Law with Honours from Université Panthéon Assas (Paris II) and a JD in Law with Honours from Université Panthéon Sorbonne (Paris I) and is called to the Bar in Paris. In 2013, she was nominated by her peers to be one of 100 Global Inspirational Women in Mining. Ludivine is currently a Visiting Fellow with the European Council on Foreign Relations (ECFR). Ms. Wouters' appointment will not take effect until she has obtained a director identification number (DIN) from the Australian Business Registry Services. The timing for the issue of the DIN is expected to be no more than 30 days. The company also announced that Mr. Gregory Martyr has stepped down from the Board of Directors, effective September 25, 2024, due to personal commitments.
お知らせ • Aug 30Euro Manganese Inc. Announces Change of Corporate SecretaryEuro Manganese Inc. announced the appointment of Ms. Laurel Petryk as Vice President Legal & Corporate Secretary of the Company effective September 1, 2024. In keeping with the Company’s long-standing succession plan, Ms. Petryk will replace Mr. Fausto Taddei, who will be retiring effective August 31, 2024. Mr. Taddei will work with the Company to support a seamless change and remain available to provide guidance and support during the transition phase. Ms. Petryk joined Euro Manganese as General Counsel in 2021 and has over 24 years of experience working as a lawyer in corporate, securities, governance, and mining gained from a large national firm and in house, and regulatory experience including working at the British Columbia Securities Commission. Ms. Petryk holds a law degree from the University of Calgary and is a member of the Law Society of British Columbia.
New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Revenue is less than US$5m (CA$2.5m revenue, or US$1.9m). Market cap is less than US$100m (CA$16.1m market cap, or US$11.9m).
New Risk • Aug 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$14m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (CA$2.5m revenue, or US$1.8m). Market cap is less than US$100m (CA$14.1m market cap, or US$10.3m).
お知らせ • Aug 01Euro Manganese Inc. to Report Q3, 2024 Results on Aug 14, 2024Euro Manganese Inc. announced that they will report Q3, 2024 results on Aug 14, 2024
New Risk • Jul 09New major risk - Revenue and earnings growthEarnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (CA$1.2m revenue, or US$878k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$28.2m market cap, or US$20.7m).
New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$11m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Revenue is less than US$1m (CA$1.2m revenue, or US$875k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$24.2m market cap, or US$17.7m).
New Risk • Jun 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian 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 Risk Revenue is less than US$1m (CA$1.2m revenue, or US$872k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (CA$30.2m market cap, or US$22.0m).
分析記事 • May 14Euro Manganese (CVE:EMN) Is Carrying A Fair Bit Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 26We're A Little Worried About Euro Manganese's (CVE:EMN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
お知らせ • Dec 30Euro Manganese Inc., Annual General Meeting, Feb 29, 2024Euro Manganese Inc., Annual General Meeting, Feb 29, 2024.
お知らせ • Dec 08Euro Manganese Inc. to Report Q4, 2023 Results on Dec 14, 2023Euro Manganese Inc. announced that they will report Q4, 2023 results After-Market on Dec 14, 2023
New Risk • Nov 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 27% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$14m free cash flow). Share price has been highly volatile over the past 3 months (27% average weekly change). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$36.2m market cap, or US$26.7m).
分析記事 • Oct 12We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...
お知らせ • Oct 06Euro Manganese Inc. Provides Update on Land Rezoning and Esia for Chvaletice Manganese ProjectEuro Manganese Inc. announced the completion of the land rezoning processes for the Chvaletice Manganese Project, and an update on the Project's Environmental and Social Impact Assessment approval process. Highlights Rezong g of all tailings land and commercial plant land required for the Project is now complete, demonstrating continued support from local communities and municipal authorities. Noise abatement work has been completed to the satisfaction of the relevant authority and the amended ESIA has been resubmitted to the Czech Ministry of Environment for continuation of the ESIA approval process. Completion on of Land Rezoning for the Project The Municipality of Chvalice, which lies just to the west of the Project and on which a portion the Project's tailings and commercial plant site are located, has formally approved the rezoning of tailings land for mining use and certain areas within the commercial plant site that were required to be reclassified for heavy industrial use. Together with the rezoning of the Village of Trnavka's tailings land for mining use, announced on March 23, 2022, the rezoning requirements for the Project are now complete. Approval for the land-use plan change from both Chvaletice and Trnavka required intensive community consultation which has been ongoing for several years. The valuable local input received was factored into the Project's planning and design. The rezoning demonstrates continued support from local communities and municipal authorities. Update on ESIA Permitting Process The Company has now resubmitted the amended ESIA to the MoE, which allows the ESIA approval process to continue. The Company anticipates the issuance of a positive decision on the revised ESIA within the next three months. As previously reported, the Ministry received comments from 14 relevant authorities on the ESIA, which was initially submitted in December 2022. All but one of the authorities approved the relevant studies. The Ministry returned the ESIA to the Company to address comments from that authority, related to noise abatement. While the Project's anticipated noise levels are within legislative limits for an industrial project, the cumulative effect when combined with neighbouring operations' existing noise emissions marginally exceeded permitted noise levels at the measurement points, located at the closest residential areas. The Company has completed necessary work to achieve the reduction in modelled noise level emissions and has addressed the authority's comments to their satisfaction.
お知らせ • Aug 01Euro Manganese Inc. to Report Q3, 2023 Results on Aug 10, 2023Euro Manganese Inc. announced that they will report Q3, 2023 results After-Market on Aug 10, 2023
New Risk • Jul 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$15m free cash flow). Earnings have declined by 16% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (CA$84.6m market cap, or US$64.2m).
分析記事 • Jun 26We Think Euro Manganese (CVE:EMN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Jan 31Euro Manganese Inc. to Report Q1, 2023 Results on Feb 09, 2023Euro Manganese Inc. announced that they will report Q1, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 09, 2023
分析記事 • Jan 15Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn SituationEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Dec 24Euro Manganese Inc., Annual General Meeting, Feb 24, 2023Euro Manganese Inc., Annual General Meeting, Feb 24, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing 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. 5 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • May 18Here's Why We're Not Too Worried About Euro Manganese's (CVE:EMN) Cash Burn SituationThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Board Change • Apr 27Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Feb 14Less than half of directors are independentFollowing 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. 4 non-independent directors. Independent Director Tom Stepien was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Dec 31Euro Manganese (CVE:EMN) Is In A Good Position To Deliver On Growth PlansEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
分析記事 • Sep 16We Think Euro Manganese (CVE:EMN) Can Afford To Drive Business GrowthThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, Euro Manganese...
Is New 90 Day High Low • Jan 12New 90-day high: CA$0.54The company is up 170% from its price of CA$0.20 on 13 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Nov 14New 90-day high: CA$0.30The company is up 369% from its price of CA$0.065 on 14 August 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 23New 90-day high: CA$0.27The company is up 350% from its price of CA$0.06 on 24 July 2020. The Canadian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 1.0% over the same period.
Is New 90 Day High Low • Oct 01New 90-day high: CA$0.21The company is up 200% from its price of CA$0.07 on 29 June 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period.
