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eMetalsASX:EMT Stock Report

Market Cap







20 Oct, 2021


Company Financials
EMT fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance0/6
Financial Health6/6

EMT Overview

eMetals Limited engages in the mineral exploration activities in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for eMetals
Historical stock prices
Current Share PriceAU$0.018
52 Week HighAU$0.016
52 Week LowAU$0.05
1 Month Change-10.00%
3 Month Change-14.29%
1 Year Change-30.77%
3 Year Changen/a
5 Year Changen/a
Change since IPO-96.25%

Recent News & Updates

Shareholder Returns

EMTAU Metals and MiningAU Market

Return vs Industry: EMT underperformed the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: EMT underperformed the Australian Market which returned 20.2% over the past year.

Price Volatility

Is EMT's price volatile compared to industry and market?
EMT volatility
EMT Beta1.05
Industry Beta0.97
Market Beta1

Stable Share Price: EMT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: EMT's weekly volatility (10%) has been stable over the past year.

About the Company


eMetals Limited engages in the mineral exploration activities in Australia. It explores for tungsten, molybdenum, gold, nickel, copper and platinum group elements, and base metals. The company holds interests in the Poona nickel and copper, Nardoo rare metals, Gascoyne rare metals, Twin Hills gold, and Cowalinya REE projects located in Western Australia.

eMetals Fundamentals Summary

How do eMetals's earnings and revenue compare to its market cap?
EMT fundamental statistics
Market CapAU$7.23m
Earnings (TTM)-AU$909.19k
Revenue (TTM)n/a


P/S Ratio


P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EMT income statement (TTM)
Cost of RevenueAU$0
Gross ProfitAU$0

Last Reported Earnings

Jun 30, 2021

Next Earnings Date


Earnings per share (EPS)-0.0021
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did EMT perform over the long term?

See historical performance and comparison


Is eMetals undervalued compared to its fair value and its price relative to the market?


Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EMT's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EMT's fair value to establish if it is undervalued.

Price To Earnings Ratio

PE vs Industry: EMT is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: EMT is unprofitable, so we can't compare its PE Ratio to the Australian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EMT's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: EMT is good value based on its PB Ratio (2.1x) compared to the AU Metals and Mining industry average (2.6x).

Future Growth

How is eMetals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as eMetals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has eMetals performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EMT is currently unprofitable.

Growing Profit Margin: EMT is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: EMT is unprofitable, and losses have increased over the past 5 years at a rate of 23.7% per year.

Accelerating Growth: Unable to compare EMT's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EMT is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).

Return on Equity

High ROE: EMT has a negative Return on Equity (-24.44%), as it is currently unprofitable.

Financial Health

How is eMetals's financial position?

Financial Position Analysis

Short Term Liabilities: EMT's short term assets (A$1.1M) exceed its short term liabilities (A$133.8K).

Long Term Liabilities: EMT has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: EMT is debt free.

Reducing Debt: EMT had no debt 5 years ago.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EMT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EMT has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 19.3% each year.


What is eMetals's current dividend yield, its reliability and sustainability?

Dividend Yield vs Market

Notable Dividend: Unable to evaluate EMT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EMT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EMT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EMT's dividend payments have been increasing.

Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EMT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average board tenure


eMetals has no CEO, or we have no data on them.

Board Members

Experienced Board: EMT's board of directors are considered experienced (8.8 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.6%.

Top Shareholders

Company Information

eMetals Limited's employee growth, exchange listings and data sources

Key Information

  • Name: eMetals Limited
  • Ticker: EMT
  • Exchange: ASX
  • Founded: 2010
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$7.225m
  • Shares outstanding: 425.00m
  • Website:


  • eMetals Limited
  • 330 Churchill Avenue
  • Suite 9
  • Subiaco
  • Western Australia
  • 6008
  • Australia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:03
End of Day Share Price2021/10/20 00:00
Annual Earnings2021/06/30

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.