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Euromax Resources Ltd

Basic Materials CA EOX

0.025CAD
0.005(25.00%)

Last update at 2024-01-22T14:30:00Z

Day Range

0.030.03
LowHigh

52 Week Range

0.020.19
LowHigh

Fundamentals

  • Previous Close 0.02
  • Market Cap9.80M
  • Volume1300
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-3.68800M
  • Revenue TTM0.00000M
  • Revenue Per Share TTM-
  • Gross Profit TTM 0.00000M
  • Diluted EPS TTM-0.01

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax -7.92400M -6.35400M -7.38200M -5.81900M -9.24400M
Minority interest - - - - -
Net income -10.97500M -9.09400M -7.42500M -6.04000M -9.25100M
Selling general administrative 3.25M 2.35M 6.14M 2.89M 2.73M
Selling and marketing expenses - - - - -
Gross profit -0.04500M -0.07600M -0.09500M -0.13500M -0.13200M
Reconciled depreciation 0.04M 0.08M 0.10M 0.14M 0.13M
Ebit -4.87300M -3.61400M -4.89100M -3.32000M -6.31100M
Ebitda -3.25100M -2.32900M -6.19300M -2.89700M -6.17900M
Depreciation and amortization 1.62M 1.28M -1.30200M 0.42M 0.13M
Non operating income net other - - - - -
Operating income -4.87300M -3.61400M -4.89100M -3.32000M -2.86500M
Other operating expenses 3.30M 2.43M 6.29M 3.10M 2.87M
Interest expense 3.05M 2.76M 2.49M 2.57M 2.93M
Tax provision 0.00000M 0.00000M 0.04M 0.00000M 0.00700M
Interest income 3.05M 2.74M 0.02M 2.50M 3.31M
Net interest income -3.05100M -2.76300M -2.47000M -2.50400M -2.93300M
Extraordinary items - - - - 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 3.05M 2.74M 0.04M 0.22M 0.00700M
Total revenue 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total operating expenses 3.25M 2.35M 6.19M 2.96M 2.73M
Cost of revenue 0.04M 0.08M 0.10M 0.14M 0.13M
Total other income expense net -3.05100M -2.74000M -2.49100M -2.49900M -6.37900M
Discontinued operations - - - - -
Net income from continuing ops -7.92400M -6.35400M -7.42500M -5.81900M -9.25100M
Net income applicable to common shares -7.92400M -6.35400M -7.42500M -5.81900M -9.25100M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 37.86M 38.16M 43.51M 45.28M 41.24M
Intangible assets - - - 0.00000M 0.00100M
Earning assets - - - - -
Other current assets 0.09M 0.06M 0.04M 0.17M 0.05M
Total liab 46.80M 40.21M 39.60M 35.79M 36.48M
Total stockholder equity -8.93200M -2.04300M 3.90M 9.49M 4.76M
Deferred long term liab - - - - -
Other current liab 2.75M 1.63M 4.98M 0.72M 0.58M
Common stock 78.90M 78.80M 78.54M 78.54M 74.31M
Capital stock 78.90M 78.80M 78.54M 78.54M 74.31M
Retained earnings -108.07200M -101.36500M -97.80500M -91.22500M -85.39000M
Other liab -0.00100M - - - -
Good will - - - - -
Other assets -0.00100M - - - -
Cash 0.02M 0.34M 2.79M 6.96M 1.09M
Cash and equivalents 0.02M 0.34M 2.79M 6.96M 1.09M
Total current liabilities 46.71M 40.12M 39.47M 15.75M 36.48M
Current deferred revenue 15.24M 14.38M 14.38M 14.70M 15.34M
Net debt 27.93M 23.43M 19.54M 13.15M 18.85M
Short term debt 27.86M 23.67M 22.18M 0.07M 19.93M
Short long term debt 27.81M 23.62M 22.11M - 19.93M
Short long term debt total 27.95M 23.76M 22.32M 20.11M 19.93M
Other stockholder equity 1.25M 1.16M 1.73M 1.73M 15.85M
Property plant equipment 37.68M 37.70M 40.67M 38.10M 40.09M
Total current assets 0.18M 0.46M 2.83M 7.18M 1.16M
Long term investments - - - - -
Net tangible assets -8.93200M -2.04300M 3.90M 9.49M 4.76M
Short term investments - - - - -
Net receivables 0.07M 0.06M 0.01M 0.05M 0.03M
Long term debt - - 0.00000M 19.91M -
Inventory - - - - -
Accounts payable 0.86M 0.43M 0.41M 0.62M 0.63M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 19.00M 19.36M 21.43M 20.44M 15.85M
Additional paid in capital - - - - -
Common stock total equity - - 78.54M 78.54M 74.31M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - 38.10M 40.09M
Deferred long term asset charges - - - - -
Non current assets total 37.68M 37.70M 40.67M 38.10M 40.09M
Capital lease obligations 0.14M 0.14M 0.21M 0.20M -
Long term debt total 0.09M 0.09M 0.14M 20.04M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 0.00000M 0.00700M 0.02M -0.39000M -0.12900M
Change to liabilities 0.40M 0.06M -0.25100M 0.03M -0.52000M
Total cashflows from investing activities 0.00000M 0.00700M 0.02M -0.39000M -0.12900M
Net borrowings 1.58M -0.07400M -0.07800M -0.42200M -0.29000M
Total cash from financing activities 1.37M 0.89M -0.08500M 9.61M 4.66M
Change to operating activities - - - - -
Net income -7.92400M -6.35400M -7.38200M -5.81900M -9.25100M
Change in cash -0.31400M -2.44700M -4.17900M 5.88M 0.56M
Begin period cash flow 0.34M 2.79M 6.96M 1.09M 0.52M
End period cash flow 0.02M 0.34M 2.79M 6.96M 1.09M
Total cash from operating activities -1.58700M -3.15100M -4.34500M -3.42500M -3.90500M
Issuance of capital stock 0.00000M 1.20M 0.00000M 10.37M 5.22M
Depreciation 0.04M 0.08M 0.10M 0.14M 0.13M
Other cashflows from investing activities 0.00000M 0.00900M 0.02M 0.06M 0.49M
Dividends paid 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change to inventory - - - - -
Change to account receivables -0.03400M -0.07600M 0.17M -0.14600M 0.09M
Sale purchase of stock 0.00000M 1.20M 0.00000M 10.37M 5.22M
Other cashflows from financing activities 1.42M -0.23200M -0.00700M -0.34000M -0.26800M
Change to netincome 5.77M 3.08M 3.07M 2.37M 5.64M
Capital expenditures 0.00000M 0.00200M 0.00200M 0.45M 0.62M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 0.36M -0.01300M -0.08100M -0.11500M -0.42800M
Stock based compensation 1.14M -0.83600M 2.28M -0.04800M -0.71300M
Other non cash items 4.79M 3.98M 0.74M 2.42M 6.36M
Free cash flow -1.58700M -3.15300M -4.34700M -3.87700M -4.52600M

Peer Comparison

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to EBITDA (x)
EOX
Euromax Resources Ltd
0.005 25.00% 0.03 - - - 17.15 -18.8913
TECK-B
Teck Resources Limited
0.84 1.63% 52.27 12.14 9.12 1.91 0.97 2.53 6.34
TECK-A
Teck Resources Limited
0.85 1.65% 52.50 12.13 9.34 1.91 0.99 2.58 6.47
IVN
Ivanhoe Mines Ltd.
0.40 2.14% 19.12 109.35 21.37 - 3.68 130.80
FIL
Filo Mining Corp
-0.09 0.27% 32.69 - - - 100.26 -44.2126

Reports Covered

Stock Research & News

Profile

Euromax Resources Ltd. engages in the exploration and development of mineral right interests in Macedonia. The company primarily explores for copper and gold deposits. Its flagship project is the Ilovica-Shtuka gold-copper project, which is located in Southeast Macedonia with annual production of approximately 83 kilo ounces of gold and 16 kilotons of copper. The company was formerly known as Omax Resources Ltd. and changed its name to Euromax Resources Ltd. in 2004. Euromax Resources Ltd. was incorporated in 1990 and is based in Skopje, North Macedonia.

Euromax Resources Ltd

Boulevard Partizanski, Skopje, Macedonia, 1000

Key Executives

Name Title Year Born
Mr. Timothy Morgan-Wynne Exec. Chairman NA
Mr. Nicolas Treand Pres & Exec. Director NA
Mr. Nikola Gulev Chief Financial Officer NA
Mr. Patrick William Forward FIMMM Sr. Technical Consultant & Non Exec. Director NA
Ms. Martina Kostovska Communications Mang. NA

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