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eMetals Limited (EMT) AI Stock Analysis
eMetals Limited
(ASX:EMT)
The low overall score is driven mainly by very weak financial performance, with no revenue, ongoing losses, and sustained cash burn despite a clean, ungeared balance sheet. Valuation offers little fundamental support given the negative P/E and lack of dividends, reinforcing the stock’s highly speculative profile. Technical indicators are broadly neutral without a strong bullish trend, so they do not materially offset the fundamental and valuation risks.
eMetals Limited (EMT) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 3.71M
- Dividend Yield
- ―
- Average Volume (3M)
- 126.76K
- Price to Earnings (P/E)
- -2.6
- Beta (1Y)
- 1.72
- Revenue Growth
- ―
- EPS Growth
- 3.80%
- Country
- Australia
- Employees
- 2
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
eMetals Limited Business Overview & Revenue Model
Company Description
eMetals Limited is an Australian mineral exploration company, headquartered in Subiaco and incorporated in 2010. Formerly known as Corizon Limited until its name change in January 2020, the company actively seeks a variety of minerals across Australi...
eMetals Limited Financial Statement Overview
Summary
Financial performance is very weak, with zero revenue, recurring net losses, and persistently negative operating and free cash flow, partially offset by a debt-free balance sheet and still-positive equity.
Income Statement
18Very NegativeBalance Sheet
40NegativeCash Flow
22Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 98.56K | 0 | 0 | 0 |
| Gross Profit | 0 | 0 | 98.56K | 0 | 0 | 0 |
| EBITDA | -960.95K | -960.95K | -525.94K | -561.18K | 101.53K | -1.27M |
| Net Income | -1.31M | -1.31M | -1.34M | -5.71M | 3.77M | -1.93M |
Balance Sheet | ||||||
| Total Assets | 5.02M | 5.02M | 3.97M | 5.27M | 10.98M | 7.08M |
| Cash, Cash Equivalents and Short-Term Investments | 1.79M | 1.79M | 2.77M | 4.57M | 9.69M | 4.80M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.45M | 1.45M | 87.05K | 43.34K | 90.22K | 34.29K |
| Stockholders Equity | 3.57M | 3.57M | 3.89M | 5.23M | 10.89M | 10.89M |
Cash Flow | ||||||
| Free Cash Flow | -1.57M | -856.62K | -993.97K | -539.85K | -835.53K | -835.53K |
| Operating Cash Flow | -540.03K | -856.62K | -519.64K | -487.73K | -572.43K | -572.43K |
| Investing Cash Flow | -1.03M | -115.62K | -339.33K | -52.13K | 221.07K | 221.07K |
| Financing Cash Flow | -7,261 | -7,261 | 0 | 0 | 0 | 4.72M |
eMetals Limited Peers Comparison
Overall Rating
AU:MHK55Neutral
AU:ADC47Neutral
AU:CPM43Neutral- AU:EMT42Neutral
AU:KNI40Underperform
AU:OM138Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:MHK | 55Neutral | AUD 13.57M | -23.81 | -6.76% | ― | ― | 95.60% |
| AU:ADC | 47Neutral | AUD 5.53M | -2.11 | -8.75% | ― | ― | -132.95% |
| AU:CPM | 43Neutral | AUD 10.35M | -9.60 | -5.68% | ― | -100.00% | 2.60% |
| AU:EMT | 42Neutral | AUD 3.71M | -2.58 | -35.33% | ― | ― | 3.80% |
| AU:KNI | 40Underperform | AUD 6.55M | -0.37 | -94.75% | ― | ― | -15.66% |
| AU:OM1 | 38Underperform | AUD 4.88M | -3.08 | -10.97% | ― | ― | 55.68% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:EMT | eMetals Limited | 0.04 | -0.06 | -61.62% | |
| AU:CPM | Cooper Metals Limited | 0.07 | 0.01 | 16.13% | |
| AU:MHK | Metal Hawk Ltd. | 0.10 | -0.02 | -16.67% | |
| AU:KNI | Kuniko Ltd. | 0.02 | -0.04 | -63.08% | |
| AU:OM1 | Omnia Metals Group Ltd | 0.01 | -0.01 | -42.86% | |
| AU:ADC | ACDC Metals Ltd | 0.05 | -0.02 | -35.21% |
eMetals Limited Corporate Events
eMetals Confirms Multiple Scheelite-Bearing Skarn Horizons at Utah Tungsten Project
eMetals Limited has completed the first phase of diamond drilling at its Mineral Range Tungsten Project in Utah, where it is testing high-grade tungsten mineralisation in carbonate-skarn units adjacent to the Mineral Range Batholith. Five holes from...
eMetals Sets November AGM to Approve Capital Mandate and Governance Measures
eMetals Limited has called its annual general meeting for 19 November 2026 in Subiaco, Western Australia, setting 17 November 2026 as the record date for shareholders eligible to vote. The agenda includes receiving the 2026 annual financial statement...
eMetals Shifts AGM Communications and Voting to Digital Channels
eMetals Limited has called its Annual General Meeting for 19 November 2026 at 9:00 a.m. Perth time, to be held in Subiaco, Western Australia, with shareholders able to participate in person, by proxy, or via authorised representatives. The company is...
eMetals Highlights Utah Tungsten Exploration and Reaffirms Disclosure Caution
eMetals Limited has released an investor presentation outlining its district-scale tungsten exploration activities in the Mineral Range of Utah, highlighting the region’s potential as part of a growing hub for critical mineral production. The c...
eMetals Begins Drilling at Mineral Range Tungsten Project in Utah
eMetals Limited has started a diamond core drilling program at its Mineral Range Tungsten Project in Beaver County, Utah, aiming to test high-grade tungsten mineralisation across 109 claims spanning about 2,072 acres and 12 kilometres of strike. The...
eMetals Lodges Appendix 4G and Updates Corporate Governance Statement
eMetals Limited has lodged its Appendix 4G with the ASX for the year ended 30 June 2026, confirming that its latest corporate governance statement is available on its website and current as of 29 September 2026. The filing indicates the company has a...
eMetals Updates Governance Framework in Line with ASX Principles
eMetals Limited has released its updated Corporate Governance Statement as at 29 September 2026, outlining how it applies the ASX Corporate Governance Council’s fourth edition principles. The statement confirms the adoption of a detailed Board...
eMetals Limited Confirms Governance Structure in 2026 Annual Report
eMetals Limited is an Australian-listed company whose shares trade on the Australian Securities Exchange under the code EMT. The company is based in West Perth, Western Australia, and operates from its principal place of business on Ord Street, with...
eMetals prepares maiden drilling campaign at Utah tungsten project
eMetals Limited has completed earthworks and logistical preparations for its maiden drilling campaign at the Mineral Range Tungsten Project in Utah, targeting high-grade tungsten mineralisation across its extensive claim package. The planned program...
eMetals boosts Mineral Range tungsten grades with revised assay method
eMetals has reported new assay results from eight underground grab samples at the historic Garnet Mine within its Mineral Range Tungsten Project in Utah, after re-testing using a lithium-borate fusion XRF method. The re-assays show markedly higher tu...
eMetals Tightens Executive Director Terms Ahead of Key Tungsten Push
eMetals Limited has revised the remuneration arrangements for Executive Director Mathew Walker, effective 1 September 2026, in a move that clarifies his ongoing terms with the company. Under the updated package, Walker will receive $12,000 per month,...
eMetals Expands Mineral Range Tungsten Tenure in Utah Ahead of Drilling
eMetals Limited has expanded its Mineral Range Tungsten Project in Utah by securing 36 additional mineral claims, adding 718 acres of tenure north of the historic Garnet mine. The new claims cover garnet-rich skarn zones, regarded as the most product...
eMetals Secures Approvals and Readies 17-Hole Drilling at Utah Tungsten Project
eMetals Limited has secured all regulatory approvals for a 17-hole HQ diamond core drilling program at its Mineral Range Tungsten Project in Utah, targeting high-grade tungsten mineralisation within metasomatized carbonate-skarn beds adjacent to the...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 30, 2026