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Emerita Resources
(EMO)
Emerita Resources (EMO) vs. S&P 500 (SPY)
Emerita Resources Business Overview & Revenue Model
Emerita Resources Financial Statement Overview
| Breakdown | |||||
| TTM | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 2.10M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| -122.62K | -16.47M | -14.67K | -4.90K | -2.17K | -6.89K | EBIT |
| -6.00M | -21.66M | -20.81M | -17.35M | -1.17M | -1.88M | EBITDA |
| -10.59M | -21.46M | -20.69M | -17.23M | -1.82M | -1.08M | Net Income Common Stockholders |
| -10.80M | -21.49M | -20.44M | -17.23M | -2.02M | -1.48M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 7.07M | 9.80M | 20.18M | 26.78M | 778.07K | 69.78K | Total Assets |
| 50.05M | 13.27M | 22.62M | 27.42M | 1.11M | 264.21K | Total Debt |
| 6.56M | 0.00 | 0.00 | 0.00 | 339.01K | 284.15K | Net Debt |
| -494.40K | -9.76M | -20.11M | -26.78M | -439.05K | 214.37K | Total Liabilities |
| 7.79M | 1.58M | 1.84M | 1.21M | 1.57M | 2.12M | Stockholders Equity |
| 42.26M | 11.69M | 20.78M | 26.21M | -464.82K | -1.86M |
| Cash Flow | Free Cash Flow | ||||
| -11.17M | -21.16M | -12.62M | -4.29M | -1.55M | -1.52M | Operating Cash Flow |
| -8.36M | -21.07M | -12.29M | -4.28M | -1.55M | -1.52M | Investing Cash Flow |
| -2.95M | -61.98K | -555.43K | -79.22K | 0.00 | -722.86K | Financing Cash Flow |
| 13.25M | 10.81M | 6.18M | 30.36M | 2.26M | 2.28M |
Emerita Resources Technical Analysis
Emerita Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$620.28M | 6.64 | 10.92% | 5.07% | -2.46% | 4.75% | |
68 Neutral | $3.23B | 167.17 | 1.00% | 0.68% | -0.35% | -65.11% | |
55 Neutral | $7.11B | 3.51 | -6.23% | 6.00% | >-0.01% | -51.70% | |
50 Neutral | C$34.34M | ― | -32.39% | ― | ― | 43.11% | |
44 Neutral | C$302.73M | ― | -42.57% | ― | ― | 51.26% | |
25 Underperform | $3.62M | ― | -196.38% | ― | ― | -2283.33% |
Emerita Resources Corporate Events
Emerita Resources Corp. announced significant drilling results from its El Cura deposit, part of the Iberian Belt West project. The results indicate strong copper-gold mineralization, with notable intersections including 10.8 meters grading 4.8% copper and 1.4 g/t gold. The drilling aims to confirm mineralization continuity and expand the deposit, which remains open in several directions, suggesting potential for further growth. These findings are crucial for the upcoming prefeasibility study and reinforce El Cura’s importance to the company’s resource base.
Spark’s Take on TSE:EMO Stock
According to Spark, TipRanks’ AI Analyst, TSE:EMO is a Neutral.
Emerita Resources’ overall score reflects significant financial challenges and operational risks, mitigated by positive corporate developments. While technical indicators and valuation suggest caution, recent expansions and achievements provide a degree of optimism.
To see Spark’s full report on TSE:EMO stock, click here.
Emerita Resources Corp. has received a decision from the Tribunal Superior De Justicia De Andalucia regarding its complaint about the Aznalcóllar public tender. The court ruled against Emerita’s claim that the Junta de Andalucia committed administrative violations in awarding the tender to Minera Los Frailes S.L., a company that did not participate in the tender. Despite this setback, Emerita remains focused on the ongoing criminal trial and administrative case related to the tender, which could significantly enhance its strategic position in the Iberian Pyrite Belt if resolved favorably.
Spark’s Take on TSE:EMO Stock
According to Spark, TipRanks’ AI Analyst, TSE:EMO is a Neutral.
Emerita Resources shows significant potential due to positive corporate developments and strategic project expansions. However, the company’s financial performance remains a critical concern, with ongoing losses and cash flow issues. Technical indicators suggest a neutral trend, while the valuation reflects typical challenges for exploration companies. The overall score reflects a cautious optimism, balancing promising growth potential with substantial financial and operational risks.
To see Spark’s full report on TSE:EMO stock, click here.
Emerita Resources has announced a significant update to its mineral resource estimate for the Iberian Belt West project, with a 35% increase in total indicated mineral resource tonnage and a 44% increase in total inferred mineral resource tonnage. This update includes a maiden resource estimate for the El Cura deposit, contributing to a substantial rise in copper and gold content, enhancing the project’s overall value and potential for future expansion.
Emerita Resources Corp. announced the commencement of court hearings in Seville regarding corruption charges related to the Aznalcóllar mining tender. The trial, involving 16 defendants accused of rigging the tender, is expected to conclude by mid-July 2025. Emerita, the only qualified bidder, may gain rights to the Aznalcóllar property, which it aims to develop into a modern mining operation.
Emerita Resources has been recognized on the 2025 TSX Venture 50 list for its exceptional performance, driven by advancements in its Iberian Belt West and Nuevo Tintillo projects in Spain. The company’s focus on operational excellence, technical innovation, and community engagement has significantly boosted its standing in the industry, promising further success and development in the upcoming year.
Emerita Resources Corp. has been granted an exploration permit for the Ontario Property, significantly expanding its Iberian Belt West (IBW) project from 2,394.1 hectares to 7,967.31 hectares. The new permit area, which includes historic mines and promising high-grade mineralization, is expected to enhance Emerita’s mining prospects and strategically positions the company to leverage existing infrastructure for future developments.
Emerita Resources has reported significant copper-gold mineralization at its El Cura deposit, part of the Iberian Belt West project. Recent drilling has revealed notable intersections, including 9.3 meters grading 1.1% copper and 1.2 g/t gold. These results will contribute to an upcoming updated mineral resource estimate, potentially enhancing Emerita’s position in the mining sector and offering promising implications for stakeholders.
Emerita Resources Corp. has announced significant achievements for 2024, notably from its Iberia Belt West Project. The company reported positive drill results and metallurgical tests confirming the potential for commercial grade concentrates from its La Romanera and La Infanta deposits. The results indicate promising production domains, with improved metallurgical processes expected to enhance gold recovery significantly. These developments position Emerita to strengthen its operations and enhance its market presence in the Iberian Pyrite Belt, potentially benefiting stakeholders through increased resource extraction and recovery efficiencies.