Emerita Resources (TSXV:EMO) - Stock Price, News & Analysis

EMO Stock Overview

A natural resource company, engages in the acquisition, exploration, and development of mineral properties in Spain. More details

EMO fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Earnings have declined by 36.4% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Emerita Resources Corp. Competitors

Dundee

TSX:DC.A

CA$147.5m

Americas Gold and Silver

TSX:USA

CA$147.1m

Li-FT Power

TSXV:LIFT

CA$142.2m

American Creek Resources

TSXV:AMK

CA$148.2m

Price History & Performance

Summary of all time highs, changes and price drops for Emerita Resources
Historical stock prices
Current Share Price	CA$0.58
52 Week High	CA$0.78
52 Week Low	CA$0.34
Beta	5.03
11 Month Change	-7.94%
3 Month Change	-1.69%
1 Year Change	56.76%
33 Year Change	-81.88%
5 Year Change	510.53%
Change since IPO	-31.76%

Recent updates

Here's Why Emerita Resources (CVE:EMO) Must Use Its Cash Wisely

Dec 20

Here's Why We're A Bit Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Aug 25

Is Emerita Resources (CVE:EMO) In A Good Position To Deliver On Growth Plans?

Apr 12

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Dec 18

Here's Why We're Not Too Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Sep 01

Companies Like Emerita Resources (CVE:EMO) Are In A Position To Invest In Growth

May 15

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Jan 30

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

May 31

Shareholder Returns

	EMO	CA Metals and Mining	CA Market
7D	-6.5%	3.3%	1.7%
1Y	56.8%	31.8%	24.0%

Return vs Industry: EMO exceeded the Canadian Metals and Mining industry which returned 31.8% over the past year.

Return vs Market: EMO exceeded the Canadian Market which returned 24% over the past year.

Price Volatility

Is EMO's price volatile compared to industry and market?
EMO volatility
EMO Average Weekly Movement	7.7%
Metals and Mining Industry Average Movement	10.3%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: EMO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: EMO's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Dave Gower	www.emeritaresources.com

Emerita Resources Corp., a natural resource company, engages in the acquisition, exploration, and development of mineral properties in Spain. It primarily explores for gold, silver, zinc, and copper deposits. The company is headquartered in Toronto, Canada.

Emerita Resources Corp. Fundamentals Summary

How do Emerita Resources's earnings and revenue compare to its market cap?
EMO fundamental statistics
Market cap	CA$143.61m
Earnings (TTM)	-CA$14.88m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-9.7x

P/E Ratio

Is EMO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EMO income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$10.28m
Gross Profit	-CA$10.28m
Other Expenses	CA$4.60m
Earnings	-CA$14.88m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.06
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did EMO perform over the long term?

See historical performance and comparison

EMO Stock Overview

Risk Analysis

Emerita Resources Corp. Competitors

TSX:DC.A

CA$147.5m

TSX:USA

CA$147.1m

TSXV:LIFT

CA$142.2m

TSXV:AMK

CA$148.2m

Price History & Performance

Recent News & Updates

New minor risk - Market cap size

President & Director exercised options to buy CA$364k worth of stock.

Emerita Resources Corp Provides Results for Phase 2 Metallurgical Testing Program At Iberian Belt West Project

Emerita Resources Corp. Intersects Significant Mineralizaon in the Ongoing Drilling Campaign at EI Cura Deposit

New major risk - Financial position

Emerita Discovers New Gold-Silver Rich Gossans At Its Nuevo Tintillo Project

Recent updates

New minor risk - Market cap size

President & Director exercised options to buy CA$364k worth of stock.

Emerita Resources Corp Provides Results for Phase 2 Metallurgical Testing Program At Iberian Belt West Project

Emerita Resources Corp. Intersects Significant Mineralizaon in the Ongoing Drilling Campaign at EI Cura Deposit

New major risk - Financial position

Emerita Discovers New Gold-Silver Rich Gossans At Its Nuevo Tintillo Project

Emerita Resources Corp. Intersects 11.4m of Massive Sulfide Grading 4.3% Copper, 48.31 g/t Silver and 1.85 g/t Gold At El Cura, Extending the Deposit At Depth

Emerita Resources Corp. Intersects 11.4m of Massive Sulfide At El Cura, Extending the Mineral Deposit 60M Down Dip

New minor risk - Market cap size

Emerita Resources Corp. Provides Results for Phase I Metallurgical Testing Program at Iberian Belt West Project

Emerita Resources Corp. announced that it has received CAD 5 million in funding

Emerita Resources Corp. Provides an Update on the Ongoing Metallurgical Testing Program and Provide Test Results

Emerita Resources Corp. announced that it expects to receive CAD 5 million in funding

Less than half of directors are independent

Emerita Resources Corp. Appoints Jorge A. Blanco Avilés as Director of Metallurgy

Emerita Resources Corp. Provides Initial Drill Results for the El Cura Deposit, Iberian Belt West Project, Spain

New minor risk - Share price stability

Here's Why Emerita Resources (CVE:EMO) Must Use Its Cash Wisely

Emerita Announces Commencement of Drilling Program at Nuevo Tintillo Project, Spain

Emerita Resources Corp. Announces Additional Drilling Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Planned Drilling Program At Nuevo Tintillo Project, Spain

Here's Why We're A Bit Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

New major risk - Financial position

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program At La Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Drilling Program at La Romanera Deposit

Emerita Resources Corp. Files Ni 43-101 Technical Report on the Ibw Project

Emerita Resources Corp. announced that it expects to receive CAD 8 million in funding

Emerita Resources Corp. Announces Maiden Independent NI 43-101 Compliant Resource Estimate Based on Drill Results from the 2022-23 Resource Delineation Drilling Program At La Romanera and La Infanta Deposits

Emerita Resources Corp Intersects 4.2 Meters Grading 1.4 % Copper; 6.9 % Lead; 14.7 % Zinc; 0.31 g/t Gold and 63.7 g/t Silver, at La Infanta Deposit and Granted Permit to Further Explore IBW with Addition of Infanta Sur

Emerita Resources Corp. Announces Additional Assay Results from Ongoing Delineation Drilling Program at La Romanera Deposit

Is Emerita Resources (CVE:EMO) In A Good Position To Deliver On Growth Plans?

Emerita Resources Corp. Applies to Expand Highly Prospective Nuevo Tintillo Exploration Property, Andalusia Region Spain

Emerita Resources Corp. Announces Assay Results from 12 Additional Drill Holes from the 2022 - 2023 Delineation Drilling Program At La Romanera Deposit

Emerita Provides Diamond Drill Results, Intersects 33.1 Meters Grading 7.7% Zinc, 3.9% Lead, 0.3% Copper, 0.73 G/T Gold and 156.3 G/T Silver At La Romanera Deposit

Emerita Intersects 25.1 Meters Grading 0.3% Copper, 1.5% Lead, 6.0% Zinc, 0.74 G/T Gold and 82.0 G/T Silver at La Romanera Deposit

We Think Emerita Resources (CVE:EMO) Can Afford To Drive Business Growth

Independent Chairman of the Board recently bought CA$75k worth of stock

Emerita Resources Corp. Announces Additional Assay Results from 2022 Delineation Drilling at La Romanera Deposit at its Wholly Owned Iberian Belt West Project

Price target decreased to CA$1.20

Emerita Resources Corp. Reports Latest Drill Results and Adds 14Th Drill Rig At La Romanera

Emerita Continues to Expand La Romanera Deposit, Intersects 30 Meters Grading 3.0 G/T Gold, 67.6 G/T Silver Including 7.5 Meters Grading 7.2 G/T Gold, 41.6 G/T Silver

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Delineation Drilling At the La Romanera Deposit At Its Wholly Owned Iberian Belt West Project

Emerita Extends La Romanera Deposit At Depth, Intersects 15.1 Meters Grading 6.6% Zinc, 1.3% Lead, 0.3% Copper in Deepest Intercept on the Deposit to Date

Emerita Announces Drill Results and Increases Number of Drills to 10 Rigs At the Iberia Belt West Project

Here's Why We're Not Too Worried About Emerita Resources' (CVE:EMO) Cash Burn Situation

Emerita Resources Corp. Announces Additional Assay Results from the Ongoing Delineation Drilling of the Romanera Deposit

Emerita Resources Corp. Announces Additional Assay Results from the 2022 Exploration Drilling at its Iberian Belt West (IBW) Project

Emerita Resources Corp. Announces Results of Airborne Survey At Nuevo Tintillo Project, Spain

Emerita Resources Corp. Intersects 2.77 g/t Gold, 65.9 g/t Silver 8.2% Zinc, 3.2% Lead 0.5% Copper over 24.3 Meters at the Romanera Deposit

President & Director exercised options to buy CA$448k worth of stock.

President & Director recently sold CA$95k worth of stock

Emerita Intersects 7.61 g/t Gold, 311.1 g/t Silver, 3.0% Zinc, 2.9% Lead, 0.4% Copper Over 14.3 Meters in First Hole Completed at the Romanera Deposit

Emerita Resources Corp. Announces Completion of First Hole Through the Romanera Deposit At Its Wholly-Owned Iberia Belt West Project

Emerita Resources Corp., Annual General Meeting, Jul 21, 2022

Emerita Resources Corp. Accelerates Diamond Drill Program At Romanera Deposit and Increases Program to 70,000 Meters

Companies Like Emerita Resources (CVE:EMO) Are In A Position To Invest In Growth

Emerita Resources Receives Approval for La Romanera and El Cura Deposit Drilling, Four Diamond Drills Commencing on Romanera

Price target increased to CA$4.00

Emerita Resources Corp. Permits for the Romanera and El Cura Deposit Diamond Drill Program At Its Wholly Owned Iberia Belt West Project

Emerita Resources Corp. Provides Update on Permitting Process for Romanera and El Cura Deposits