Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesEast Africa Metals Inc.

East Africa Metals Inc.

Basic Materials Other Industrial Metals & Mining
PortfolioPortfolio WatchlistWatchlist
Company price
0.07 CAD -0.01 ( 17.65%)
Last update at 2026-11-04T14:30:00Z
VOLUME
1541
Market Cap
28.24M

Momentum Score

…

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. It primarily explores for gold, copper, silver, and zinc deposits. The company's principal assets and interests include a 70% interest in the Harvest property, as well as a 100% interest in the Adyabo project, comprising 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 a contiguous mining license totaling approximately 83.5 square kilometers located in northeastern Tanzania. The company was incorporated in 2012 and is based in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
0.07
Low
0.07
High
52 Week Price Range
0.09
Low
0.20
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

East Africa Metals Inc. is a Canadian-listed junior mining company focused on exploration and development of mineral projects in East Africa. Its long-term growth drivers include successful resource discovery, favorable commodity prices and the ability to secure project financing or strategic partners; investors may find exposure to exploration upside and leverage to metal markets appealing.
Primary investment risks are high exploration and development risk, persistent financing and dilution pressure, and political and regulatory uncertainty in the operating jurisdictions.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.09
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
0.02
ROE
-10.85%
Net Debt
0.46M
ROCE
-12.18%
Diluted EPS TTM
-0.01

Insight Announcement

View All

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Income before tax -2.35M -3.16M -2.32M - -3.16M
Minority interest 0.05M 0.05M 0.04M - 0.03M
Net income -2.30M -3.11M -2.35M - -3.13M
Selling general administrative 1.31M 2.35M 2.95M - 2.30M
Gross profit - - - - -0.07M
Reconciled depreciation 0.00M 0.00M 0.18M - 0.07M
Ebit - - -2.62M -1.60M -3.08M
Ebitda - - -2.39M - -3.01M
Depreciation and amortization - - 0.23M - 0.07M
Operating income -2.06M -3.00M -2.39M - -3.04M
Other operating expenses - - 2.39M 0.05M 3.04M
Interest expense 0.08M 0.07M 0.06M - 0.06M
Net interest income -0.08M -0.07M -0.09M - -0.06M
Income tax expense - - 0.03M - -0.01M
Total revenue 0.00M 0.00M 0.00M - 0.00M
Total operating expenses 2.06M 3.00M 2.39M - 3.04M
Cost of revenue - - - - 0.07M
Total other income expense net -0.21M -0.09M 0.06M - -0.06M
Net income from continuing ops -2.35M -3.16M -4.12M - -3.16M
Net income applicable to common shares - - -1.91M -1.91M -3.13M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Total assets 23.97M 22.71M 23.50M - 24.72M
Other current assets - - 4.98M 3.93M 5.32M
Total liab 7.07M 6.37M 5.15M - 4.71M
Total stockholder equity 13.10M 12.82M 14.79M - 16.63M
Other current liab 4.56M 4.00M 4.85M 3.56M 4.19M
Common stock - - 57.44M 57.44M 57.44M
Capital stock 58.62M 57.47M - - 57.44M
Retained earnings -204.12M -201.82M -198.71M -197.68M -195.77M
Other assets - - 0.00M - -
Cash 0.29M 0.08M 0.35M - 2.23M
Total current liabilities 7.07M 6.37M 5.15M 4.86M 4.71M
Net debt 0.46M 0.59M -0.05M - -1.71M
Short term debt - - 0.30M - 0.52M
Short long term debt 0.75M 0.67M - - 0.52M
Short long term debt total - - 0.30M - 0.52M
Other stockholder equity - - 151.41M 4.51M 151.55M
Property plant equipment - - 17.76M 17.76M 16.63M
Total current assets 5.08M 4.72M 5.41M 6.04M 7.59M
Long term investments 0.14M 0.32M - - 0.50M
Net tangible assets - - 15.68M 15.68M 16.63M
Net receivables 0.04M 0.05M 0.09M 0.05M 0.04M
Accounts payable - - 0.08M 0.08M 0.28M
Accumulated other comprehensive income - - 4.65M - 3.41M
Non currrent assets other - - -0.00M - -
Non current assets total 18.89M 17.99M 18.09M - 17.13M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-12-31 2022-03-31
Investments -0.05M 0.35M 0.00M - 2.43M
Change to liabilities - - -0.10M -0.10M -1.33M
Total cashflows from investing activities - - - - 2.43M
Net borrowings - - - - -0.27M
Total cash from financing activities 1.52M 0.05M 0.18M - 3.19M
Change to operating activities - - 0.19M 0.19M -0.05M
Net income -2.30M -3.11M -2.35M -1.91M -3.16M
Change in cash 0.21M -0.27M -1.89M -1.52M 2.05M
Begin period cash flow 0.08M 0.35M 2.23M 2.23M 0.18M
End period cash flow 0.29M 0.08M 0.35M - 2.23M
Total cash from operating activities -1.27M -0.67M -1.89M -1.51M -3.53M
Issuance of capital stock 1.54M 0.05M - - 0.00M
Depreciation 0.00M 0.00M 0.11M 0.11M 0.07M
Change to account receivables 0.01M 0.04M -0.05M -0.01M -0.01M
Other cashflows from financing activities - - - - 2.43M
Change to netincome - - 0.20M 0.20M 0.87M
Capital expenditures 0.00M 0.00M 0.00M 0.00M 0.00M
Change in working capital 0.72M 1.35M 0.26M - -1.38M
Stock based compensation 0.08M 0.97M 0.00M - 0.77M
Other non cash items 0.08M 0.03M 0.21M - 0.06M
Free cash flow -1.27M -0.67M -1.89M - -3.53M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
EAM
East Africa Metals Inc.		 -0.01
17.65%		 0.07 - - - 2.03 -10.75
SGML
Sigma Lithium Resources Corp		 -0.23
2.94%		 7.58 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res		 0.02
1.60%		 1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd		 0.05
2.62%		 1.96 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd		 -0.05
2.08%		 2.35 - 1250.00 - 26.07 -7.01

Profile*

East Africa Metals Inc.

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. It primarily explores for gold, copper, silver, and zinc deposits. The company's principal assets and interests include a 70% interest in the Harvest property, as well as a 100% interest in the Adyabo project, comprising 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 a contiguous mining license totaling approximately 83.5 square kilometers located in northeastern Tanzania. The company was incorporated in 2012 and is based in Vancouver, Canada.

777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4

604 488 0822

https://eastafricametals.com

Name Title Year Born
Mr. Andrew Lee Smith B.Sc, B.Sc., P.Geo. Pres, CEO & Director 1957
Ms. Jacqueline M. Tucker F.C.A., FCPA Chief Financial Officer 1956
Ms. Lingling Yang M.A. Director of Corp. Communications NA
Mr. Denis Dillip Chief Geologist, Pres & Director of Canaco Tanzania Limited NA
Ms. Sherry Siu Corp. Sec. 1968
Mr. Andrew Lee Smith B.Sc., P.Geo. President, CEO & Director 1957
Ms. Lingling Yang M.A. Director of Corporate Communications NA
Mr. Denis Dillip Chief Geologist, President & Director of Canaco Tanzania Limited NA
Ms. Sherry Siu Corporate Secretary 1968

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

PRL
CAD 29.99
+13.13%
AP-UN
CAD 4.19
+12.94%
ARTG
CAD 39.66
+12.93%
BZ
CAD 4.14
+10.99%
FFH
CAD 2759.48
+10.87%
DRUG
CAD 27.12
-26.86%
HUT
CAD 69.10
-22.27%
UCU
CAD 2.04
-16.39%
PHX
CAD 10.85
-14.43%
MOON
CAD 4.09
-12.79%

Equity Sectors*

  • Basic Materials

    +3.69%

  • Communication Services

    +2.61%

  • Consumer Cyclical

    +2.96%

  • Consumer Defensive

    +1.11%

  • Energy

    -5.01%

  • Financial Services

    +2.20%

  • Healthcare

    -0.56%

  • Industrials

    -0.73%

  • Real Estate

    +1.90%

  • Technology

    +0.05%

  • Utilities

    +1.39%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…