East Africa Metals (EAM) Stock Price, News & Analysis

Company Overview

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 mineral tenures totaling approximately 83.5 square kilometers located in northeastern Tanzania. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.14 to C$0.14
• 50-Day Range: C$0.11 to C$0.19
• 52-Week Range: C$0.09 to C$0.28
• Volume: 60,186 shs
• Average Volume: 97,633 shs
• Market Capitalization: C$29.53 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$0.30
• Consensus Rating: Buy

East Africa Metals Stock Analysis - MarketRank™

East Africa Metals scored higher than 38% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

East Africa Metals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

East Africa Metals has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of East Africa Metals is -6.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of East Africa Metals is -6.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

East Africa Metals has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for EAM.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

East Africa Metals does not currently pay a dividend.

Dividend Growth

East Africa Metals does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for EAM.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: N/A

News Sentiment

East Africa Metals has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for East Africa Metals this week, compared to 1 article on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, East Africa Metals insiders have not sold or bought any company stock.

Percentage Held by Insiders

23.10% of the stock of East Africa Metals is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.12% of the stock of East Africa Metals is held by institutions.

EAM Stock Analysis - Frequently Asked Questions

How have EAM shares performed this year?

East Africa Metals' stock was trading at C$0.12 on January 1st, 2025. Since then, EAM shares have increased by 17.4% and is now trading at C$0.14.

How do I buy shares of East Africa Metals?

Shares of EAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of East Africa Metals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that East Africa Metals investors own include Hall of Fame Resort & Entertainment (HOFV), Cerro Grande Mining (CEGMF), Calian Group (CGY), Anaconda Mining (ANXGF), AMC Entertainment (AMC), Akebia Therapeutics (AKBA) and Apartment Investment and Management (AIV).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: CVE:EAM
• CIK: N/A
• Web: www.eastafricametals.com
• Phone: 604-488-0822
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for East Africa Metals: C$0.30
• High Price Target: C$0.30
• Low Price Target: C$0.30
• Potential Upside/Downside: +122.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.02)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$2.52 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -14.98%
• Return on Assets: -7.15%

Debt

• Debt-to-Equity Ratio: 2.03
• Current Ratio: 1.05
• Quick Ratio: 0.26

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 18.33
• Book Value: C$0.09 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 218,774,000
• Free Float: N/A
• Market Cap: C$29.53 million
• Optionable: Not Optionable
• Beta: 0.65