EFRM.F Stock Overview

A mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. More details

EFRM.F fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

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

Has less than 1 year of cash runway

Earnings have declined by 7.3% per year over past 5 years

+ 2 more risks

My Notes

Capture your thoughts, links and company narrative

East Africa Metals Inc. Competitors

Texas Mineral Resources

OTCPK:TMRC

US$21.3m

Chilean Cobalt

OTCPK:COBA

US$21.2m

Urano Energy

OTCPK:UECX.F

US$14.5m

5E Advanced Materials

NasdaqGS:FEAM

US$33.8m

Price History & Performance

Summary of share price highs, lows and changes for East Africa Metals
Historical stock prices
Current Share Price	CA$0.11
52 Week High	CA$0.19
52 Week Low	CA$0.063
Beta	0.86
1 Month Change	0%
3 Month Change	-15.45%
1 Year Change	120.96%
3 Year Change	-28.32%
5 Year Change	13.88%
Change since IPO	17.24%

Recent updates

Shareholder Returns

	EFRM.F	US Metals and Mining	US Market
7D	0%	0.06%	0.6%
1Y	121.0%	-4.1%	23.8%

Return vs Industry: EFRM.F exceeded the US Metals and Mining industry which returned -4.2% over the past year.

Return vs Market: EFRM.F exceeded the US Market which returned 24.6% over the past year.

Price Volatility

Is EFRM.F's price volatile compared to industry and market?
EFRM.F volatility
EFRM.F Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	7.9%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: EFRM.F's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine EFRM.F's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2012	n/a	Andy Smith	eastafricametals.com

East Africa Metals Inc., a mineral exploration company, focuses on the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia and the United Republic of Tanzania. The company primarily explores for gold, copper, silver, and zinc deposits. Its principal assets and interests include a 70% interest in the Harvest property, as well as 100% interest in the Adyabo project that comprises two exploration licenses covering 195 square kilometers situated in the Arabian Nubian Shield in northern Ethiopia; and an interest in the Handeni property comprising two mining licenses covering 9.9 square kilometers, and contiguous mining license totaling approximately 83.5 square kilometers located in northeastern Tanzania.

East Africa Metals Inc. Fundamentals Summary

How do East Africa Metals's earnings and revenue compare to its market cap?
EFRM.F fundamental statistics
Market cap	US$17.88m
Earnings (TTM)	-US$2.02m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-8.9x

P/E Ratio

Is EFRM.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EFRM.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$2.91m
Earnings	-CA$2.91m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.014
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	4.3%

How did EFRM.F perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 04:39
End of Day Share Price	2024/10/08 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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

East Africa Metals Inc. is covered by 0 analysts. 0 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