Empire Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. More Details
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Empire Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EP's share price has been volatile over the past 3 months.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: Insufficient data to determine how EP performed against the Canadian Metals and Mining industry.
Return vs Market: Insufficient data to determine how EP performed against the Canadian Market.
Price Volatility Vs. Market
How volatile is Empire Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall StCould Empire Metals Corp.'s (CVE:EP) Investor Composition Influence The Stock Price?
8 months ago | Simply Wall StDo Insiders Own Shares In Empire Metals Corp. (CVE:EP)?
1 year ago | Simply Wall StWhat Kind Of Shareholders Own Empire Metals Corp. (CVE:EP)?
Is Empire Metals 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 EP's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EP's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EP is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: EP is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate EP's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EP is overvalued based on its PB Ratio (3.9x) compared to the CA Metals and Mining industry average (2.9x).
How is Empire Metals 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 Empire Metals 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.
- Examine Empire Metals's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Empire Metals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Empire Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EP is currently unprofitable.
Growing Profit Margin: EP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EP is unprofitable, but has reduced losses over the past 5 years at a rate of 9.9% per year.
Accelerating Growth: Unable to compare EP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EP is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.5%).
Return on Equity
High ROE: EP has a negative Return on Equity (-8.24%), as it is currently unprofitable.
How is Empire Metals's financial position?
Financial Position Analysis
Short Term Liabilities: EP's short term assets (CA$1.1M) do not cover its short term liabilities (CA$1.2M).
Long Term Liabilities: EP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EP's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: EP's debt to equity ratio has reduced from 93.7% to 2.4% over the past 5 years.
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: EP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.5% each year
What is Empire Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EP'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 EP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EP'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 EP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Mark C. Patchett has been Chief Executive Officer and President at Empire Metals Corp. since September 2019. He serves as a Director of Empire Metals Corp. since September 24, 2019. Mr. Patchett’s invo ...
|CFO & Director||4.17yrs||no data||no data|
|President||1.08yrs||no data||no data|
|Director||7.58yrs||no data||3.42% |
|Independent Director||4.25yrs||no data||1.57% |
|Independent Director||6.08yrs||no data||no data|
|Director||0.083yr||no data||no data|
Experienced Board: EP's board of directors are considered experienced (4.2 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.
Empire Metals Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Empire Metals Corp.
- Ticker: EP
- Exchange: TSXV
- Founded: 1981
- Industry: Precious Metals and Minerals
- Sector: Materials
- Market Cap: CA$19.370m
- Shares outstanding: 90.09m
- Website: https://www.empiremetalscorp.com
- Empire Metals Corp.
- 889 West Pender Street
- Suite 702
- British Columbia
- V6C 3B2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EP||TSXV (TSX Venture Exchange)||Yes||Common Stock||CA||CAD||Sep 1988|
|JPDB||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 1988|
Empire Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for lithium, potassium, boron, bromine, mag ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 00:27|
|End of Day Share Price||2020/10/14 00:00|
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.