TSXV:EMO - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2027	N/A	N/A	-481	N/A	1
9/30/2026	N/A	N/A	-250	N/A	1
9/30/2025	N/A	N/A	-5	N/A	1
6/30/2024	N/A	-15	-15	-15	N/A
3/31/2024	N/A	-17	-16	-16	N/A
12/31/2023	N/A	-20	-19	-19	N/A
9/30/2023	N/A	-21	-21	-21	N/A
6/30/2023	N/A	-21	-21	-21	N/A
3/31/2023	N/A	-19	-20	-20	N/A
12/31/2022	N/A	-23	-16	-16	N/A
9/30/2022	N/A	-21	-13	-12	N/A
6/30/2022	N/A	-29	-10	-10	N/A
3/31/2022	N/A	-27	-7	-7	N/A
12/31/2021	N/A	-19	-7	-7	N/A
9/30/2021	N/A	-17	-4	-4	N/A
6/30/2021	N/A	-3	-4	-4	N/A
3/31/2021	N/A	-3	-3	-3	N/A
12/31/2020	N/A	-1	-2	-2	N/A
9/30/2020	N/A	-1	-2	-2	N/A
6/30/2020	N/A	-3	0	0	N/A
3/31/2020	N/A	-3	-1	-1	N/A
12/31/2019	N/A	-3	-2	-2	N/A
9/30/2019	N/A	-2	-2	-2	N/A
6/30/2019	N/A	-4	-2	-3	N/A
3/31/2019	N/A	-4	-2	-3	N/A
12/31/2018	N/A	-4	-3	-3	N/A
9/30/2018	N/A	-5	-4	-4	N/A
6/30/2018	N/A	-3	-4	-3	N/A
3/31/2018	N/A	-3	N/A	-3	N/A
12/31/2017	N/A	-3	N/A	-2	N/A
9/30/2017	N/A	-3	N/A	-1	N/A
6/30/2017	N/A	-2	N/A	-1	N/A
3/31/2017	N/A	-2	N/A	-1	N/A
12/31/2016	N/A	-2	N/A	-1	N/A
9/30/2016	N/A	-2	N/A	-1	N/A
6/30/2016	N/A	-1	N/A	-1	N/A
3/31/2016	N/A	-1	N/A	0	N/A
12/31/2015	N/A	-1	N/A	0	N/A
9/30/2015	N/A	-2	N/A	-1	N/A
6/30/2015	N/A	-3	N/A	-2	N/A
3/31/2015	N/A	-3	N/A	-2	N/A
12/31/2014	N/A	-2	N/A	-2	N/A
9/30/2014	N/A	-2	N/A	-2	N/A
6/30/2014	N/A	-2	N/A	-2	N/A
3/31/2014	N/A	-1	N/A	-1	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EMO's forecast earnings growth is above the savings rate (2.3%).

Earnings vs Market: Insufficient data to determine if EMO's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if EMO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EMO is forecast to have no revenue next year.

High Growth Revenue: EMO is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if EMO's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 18:00
End of Day Share Price	2024/12/27 00:00
Earnings	2024/06/30
Annual Earnings	2023/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Emerita Resources Corp. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Varun Arora	Clarus Securities Inc.

Emerita Resources Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target decreased to CA$1.20

Price target increased to CA$4.00

Recent updates

Emerita Intersects 13.15m Grading 1.1% Copper, 1.1% Lead, 3.3% Zinc, 54.63 g/t Silver and 2.71 g/t Gold in Massive Sulphides at EI Cura

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

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

CEO & Director exercised options to buy CA$1.1m worth of stock.

Emerita Provides Corporate Update and Recent Drill Results from IBW Project

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

Emerita Resources Corp. Reports Andalucian Environment Department in Huelva Province Publishes Resolution Approving Drilling West Side of IBW Project Including Romanera Deposit

Independent Chairman of the Board recently sold CA$404k worth of stock

President & Director recently sold CA$71k worth of stock

President & Director recently sold CA$364k worth of stock

Emerita Resources Corp. Intersects High Grades in Drill Hole In003 At the Infanta Deposit in Huelva Province, Spain

CEO & Director exercised options to buy CA$279k worth of stock.

Emerita Resources Corp. Receives Complete Assays for the First Two Drill Holes from the Infanta Drill Program

Emerita Resources Corp. announced that it has received CAD 20.00075 million in funding