OTCPK:EAIA.F

Stock Analysis Report

Executive Summary

East Asia Minerals Corporation engages in the exploration and development of mineral properties in Indonesia.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has East Asia Minerals's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-25.0%

EAIA.F

2.0%

US Metals and Mining

0.07%

US Market


1 Year Return

-31.8%

EAIA.F

-5.2%

US Metals and Mining

8.9%

US Market

Return vs Industry: EAIA.F underperformed the US Metals and Mining industry which returned -5.2% over the past year.

Return vs Market: EAIA.F underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

EAIA.FIndustryMarket
7 Day-25.0%2.0%0.07%
30 Day-39.8%-2.2%-0.3%
90 Day-18.4%-6.9%-1.6%
1 Year-31.8%-31.8%-2.3%-5.2%11.3%8.9%
3 Year-10.6%-10.6%9.5%3.8%46.3%36.8%
5 Year-83.2%-83.2%-0.7%-8.3%62.1%44.3%

Price Volatility Vs. Market

How volatile is East Asia Minerals's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is East Asia Minerals undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether East Asia Minerals is trading at an attractive price based on the cash flow it is expected to produce in the future. But as East Asia Minerals 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.


Next Steps

  • Take a look at our analysis of EAIA.F’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 East Asia Minerals regulatory filings and announcements here.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

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

28.2%

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 East Asia Minerals 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.


Next Steps

  • Take a look at our analysis of EAIA.F’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.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access East Asia Minerals's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has East Asia Minerals performed over the past 5 years?

58.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: EAIA.F is unprofitable, but has reduced losses over the past 5 years at a rate of 58.4% per year.

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

Earnings vs Industry: EAIA.F is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (26.8%).


Return on Equity

High ROE: EAIA.F's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: EAIA.F is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: EAIA.F is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is East Asia Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: EAIA.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EAIA.F 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: EAIA.F has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EAIA.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: EAIA.F has a high level of physical assets or inventory.

Debt Coverage by Assets: EAIA.F has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: EAIA.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EAIA.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of -40.8% each year


Next Steps

Dividend

What is East Asia Minerals's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if EAIA.F'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 EAIA.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of East Asia Minerals's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Terry Filbert (59yo)

2.6yrs

Tenure

CA$158,475

Compensation

Mr. Terrence Kirk Filbert, also known as Terry, has been Chief Executive Officer and Chairman of East Asia Minerals Corporation since April 3, 2017. Mr. Filbert has been Director of East Asia Minerals Co ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Terry's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Terry's compensation with company performance.


Management Age and Tenure

2.5yrs

Average Tenure

Experienced Management: EAIA.F's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

2.6yrs

Average Tenure

Experienced Board: EAIA.F's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: EAIA.F insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCA$1,73615 Oct 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares33,000
Max PriceCA$0.053
SellCA$8,14608 Oct 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares155,000
Max PriceCA$0.053
SellCA$3,39629 Sep 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceCA$0.068
SellCA$19916 Sep 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares3,500
Max PriceCA$0.057
SellCA$3,60711 Sep 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceCA$0.072
SellCA$7,61329 Aug 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares100,000
Max PriceCA$0.087
SellCA$39,59519 Aug 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares592,000
Max PriceCA$0.075
SellCA$3,71813 Jul 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares75,000
Max PriceCA$0.05
SellCA$5,73620 Jun 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares127,000
Max PriceCA$0.045
SellCA$1,17412 Jun 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares24,000
Max PriceCA$0.049
SellCA$3,32907 Jun 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares75,000
Max PriceCA$0.044
SellCA$2,21703 Jun 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares50,000
Max PriceCA$0.044
SellCA$11,99817 Mar 19
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares230,000
Max PriceCA$0.052
BuyCA$128,42519 Nov 18
Terrence Filbert
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares3,400,000
Max PriceCA$0.038

Ownership Breakdown


Management Team

  • Mike Hawkins

    Executive Consultant

    • Tenure: 0yrs
    • Compensation: CA$694.42k
  • Scott Davis (40yo)

    Chief Financial Officer

    • Tenure: 2.5yrs
    • Compensation: CA$20.00k
  • Frank Rocca

    Chief Geologist

    • Tenure: 2.8yrs
  • Terry Filbert (59yo)

    Chairman & CEO

    • Tenure: 2.6yrs
    • Compensation: CA$158.48k

Board Members

  • Mike Hawkins

    Executive Consultant

    • Tenure: 0yrs
    • Compensation: CA$694.42k
  • Garry Kielenstyn

    Independent Director

    • Tenure: 0yrs
    • Compensation: CA$7.05k
  • Terry Filbert (59yo)

    Chairman & CEO

    • Tenure: 2.6yrs
    • Compensation: CA$158.48k
  • Alan McMillan

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: CA$13.00k
  • Ronald Chaykin

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: CA$12.93k

Company Information

East Asia Minerals Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: East Asia Minerals Corporation
  • Ticker: EAIA.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$4.216m
  • Listing Market Cap: CA$3.222m
  • Shares outstanding: 84.32m
  • Website: https://www.eastasiaminerals.com

Location

  • East Asia Minerals Corporation
  • 905 West Pender Street
  • Suite 210
  • Vancouver
  • British Columbia
  • V6C 1L6
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EASTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2001
WG3NDB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2001
EAIA.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2001

Biography

East Asia Minerals Corporation engages in the exploration and development of mineral properties in Indonesia. It holds 70% interest in Sangihe gold-copper project, which is located on the island of Sangihe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 00:11
End of Day Share Price2019/10/22 00:00
Earnings2019/05/31
Annual Earnings2018/08/31


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.