European Electric Metals Inc. engages in the acquisition and exploration of natural resource properties. More Details
Mediocre balance sheet with weak fundamentals.
Share Price & News
How has European Electric Metals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine EVX's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine EVX's volatility change over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: EVX underperformed the Canadian Metals and Mining industry which returned 34.4% over the past year.
Return vs Market: EVX exceeded the Canadian Market which returned 1.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is European Electric Metals's share price compared to the market and industry in the last 5 years?
Simply Wall St News
8 months ago | Simply Wall StWe're Hopeful That European Electric Metals (CVE:EVX) Will Use Its Cash Wisely
10 months ago | Simply Wall StCould The European Electric Metals Inc. (CVE:EVX) Ownership Structure Tell Us Something Useful?
1 year ago | Simply Wall StEuropean Electric Metals (CVE:EVX) Will Have To Spend Its Cash Wisely
Is European Electric Metals undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether European Electric Metals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as European Electric Metals has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
- Take a look at our analysis of EVX's management and see if the CEO's compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- When valuing a company like this, investors focus more on how they perceive the potential returns from the core activities, the size of each contract's opportunity, and the capacity of the team. While we are not analysing this type of data at the moment, if you don't know where to start, we recommend reading through European Electric Metals regulatory filings.
- Explore potentially undervalued companies in the Materials industry.
How is European Electric 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 European Electric 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.
- Take a look at our analysis of EVX’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- European Electric 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 European Electric Metals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVX is currently unprofitable.
Growing Profit Margin: EVX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EVX is unprofitable, but has reduced losses over the past 5 years at a rate of 7.3% per year.
Accelerating Growth: Unable to compare EVX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EVX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.3%).
Return on Equity
High ROE: EVX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is European Electric Metals's financial position?
Financial Position Analysis
Short Term Liabilities: EVX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: EVX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: EVX is debt free.
Reducing Debt: EVX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: EVX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EVX has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 0.4% each year
What is European Electric Metals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate EVX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate EVX'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 EVX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EVX'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 EVX'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 management tenure
Fred Antonio Tejada (62 yo)
Mr. Fred Antonio C. Tejada, P.Geo., has been the Chief Executive Officer of European Electric Metals Inc. (formerly, Tirex Resources Ltd.) since November 30, 2017. Mr. Tejada has been a Director of Cricket...
CEO Compensation Analysis
Compensation vs Market: Fred Antonio's total compensation ($USD0.00) is below average for companies of similar size in the Canadian market ($USD152.92K).
Compensation vs Earnings: Fred Antonio's compensation has been consistent with company performance over the past year.
|CEO, President||3.17yrs||CA$165.00k||0.29% |
|Chief Financial Officer||11.08yrs||CA$120.00k||no data|
|Chief Geologist||2.92yrs||no data||no data|
|Corporate Secretary||13.75yrs||no data||0.88% |
Experienced Management: EVX's management team is seasoned and experienced (7.1 years average tenure).
|CEO, President||3.17yrs||CA$165.00k||0.29% |
|Independent Chairman of the Board||2.75yrs||CA$42.00k||1.54% |
|Special Advisor||8.33yrs||no data||no data|
|2.25yrs||no data||no data|
|Member of Albanian Advisory Team||no data||no data||no data|
|Member of Advisory Board & Independent Director||6.83yrs||no data||0.38% |
Experienced Board: EVX's board of directors are considered experienced (3.3 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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.1%.
European Electric Metals Inc.'s company bio, employee growth, exchange listings and data sources
- Name: European Electric Metals Inc.
- Ticker: EVX
- Exchange: TSXV
- Founded: 2006
- Industry: Copper
- Sector: Materials
- Market Cap: CA$1.246m
- Shares outstanding: 5.30m
- Website: https://www.europeanelectricmetals.com
- European Electric Metals Inc.
- 1090 West Georgia Street
- Suite 488
- British Columbia
- V6E 3V7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EVX||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Oct 2007|
|3TIB||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Oct 2007|
|EVXX.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Oct 2007|
European Electric Metals Inc. engages in the acquisition and exploration of natural resource properties. It has an option to acquire 100% interest in the Borba 2 copper project located in Portugal. The com...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/28 00:14|
|End of Day Share Price||2021/01/26 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.