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Edenville Energy
(LSE:SKA)
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Rating:48Neutral
Price Target:
3.00 p
▼(-10.45% Downside)
Action:Reiterated
Date:08/24/26
The score is held down primarily by very weak financial performance (persistent losses, negative gross profit, and recurring cash burn with revenue instability), with only partial offset from improving near-term technical momentum and a strong set of positive corporate catalysts around Kabwe drilling and financing. Valuation metrics provide limited support due to negative earnings and no dividend.
Positive Factors
Kabwe drilling potential
Repeated high-grade drilling results and newly identified near-surface, multi-element discoveries could expand the Kabwe project's resource potential. Program extensions indicate continued technical progress, which may improve the project's strategic importance and support future financing or development decisions.
Negative Factors
Persistent unprofitability
Persistent negative gross profit shows that reported activity has not yet produced an economically viable cost structure. Continued EBITDA, EBIT, and net losses reduce internal funding capacity, make sustained external financing more important, and leave profitability improvement as a major execution requirement.
Read all positive and negative factors
Positive Factors
Negative Factors
Kabwe drilling potential
Repeated high-grade drilling results and newly identified near-surface, multi-element discoveries could expand the Kabwe project's resource potential. Program extensions indicate continued technical progress, which may improve the project's strategic importance and support future financing or development decisions.
Read all positive factors
Edenville Energy (SKA) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£5.40M
Dividend YieldN/A
Average Volume (3M)918.91K
Price to Earnings (P/E)―
Beta (1Y)0.07
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees6
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.02
Shares Outstanding163,673,480
10 Day Avg. Volume910,114
30 Day Avg. Volume918,912
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.66
Price to Sales (P/S)0.00
P/FCF Ratio-8.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Edenville Energy Business Overview & Revenue Model
Company Description
Headquartered in Nairobi, Kenya, Shuka Minerals Plc is an African-centric company focused on the discovery, development, and extraction of energy commodities. Its primary exploration efforts are directed towards coal, with the prominent Rukwa proj...
Edenville Energy Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Jun 2025 | Dec 2023 | Jun 2023 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 2.31K | 194.35K | 183.45K | 105.23K |
| Gross Profit | -90.92K | -198.26K | -244.53K | -754.18K | -627.38K |
| EBITDA | -852.11K | -1.96M | -1.55M | -1.43M | -1.20M |
| Net Income | -902.37K | -2.00M | -1.68M | -1.75M | -1.46M |
Balance Sheet | |||||
| Total Assets | 6.43M | 6.15M | 6.93M | 6.97M | 7.55M |
| Cash, Cash Equivalents and Short-Term Investments | 4.57K | 36.04K | 633.09K | 237.30K | 1.23M |
| Total Debt | 751.92K | 195.31K | 66.50K | 96.50K | 18.26K |
| Total Liabilities | 2.03M | 1.12M | 613.96K | 529.31K | 432.15K |
| Stockholders Equity | 4.43M | 5.05M | 6.34M | 6.46M | 7.14M |
Cash Flow | |||||
| Free Cash Flow | -347.19K | -1.09M | -1.36M | -1.31M | -1.48M |
| Operating Cash Flow | -338.01K | -1.09M | -1.36M | -1.27M | -1.48M |
| Investing Cash Flow | -237.39K | 2.35K | 3.26K | -41.24K | 701.00 |
| Financing Cash Flow | 544.11K | 492.25K | 1.76M | 316.22K | 2.69M |
Edenville Energy Technical Analysis
Positive
3.35
Price Trends
2.91
Positive
2.97
Positive
3.33
Negative
Market Momentum
0.12
Negative
65.68
Neutral
45.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SKA, the sentiment is Positive. The current price of 3.35 is above the 20-day moving average (MA) of 3.14, above the 50-day MA of 2.91, and above the 200-day MA of 3.33, indicating a neutral trend. The MACD of 0.12 indicates Negative momentum. The RSI at 65.68 is Neutral, neither overbought nor oversold. The STOCH value of 45.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SKA.
Edenville Energy Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
50 Neutral | £5.02M | -1.68 | -125.18% | ― | 161.90% | -9.24% | |
48 Neutral | £5.40M | -2.64 | -20.62% | ― | ― | ― | |
48 Neutral | £11.69M | -3.70 | -19.28% | ― | ― | ― | |
42 Neutral | £4.59M | -5.04 | -2.41% | ― | ― | 34.88% | |
42 Neutral | £3.81M | -0.04 | -60.32% | ― | ― | 52.00% |
* Basic Materials Sector Average
GB:SKA
Edenville Energy
3.30
0.55
20.00%
GB:AYM
Anglesey Mining
7.00
2.75
64.71%
GB:PREM
Premier African Minerals
0.01
-0.24
-95.28%
GB:BHL
Bradda Head Lithium Limited
2.05
1.03
100.98%
GB:ATN
Aterian PLC
25.50
-13.00
-33.77%
Edenville Energy Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Shuka Minerals Secures Second Tranche of Menel Subscription and Expands Share Capital
Positive
Sep 3, 2026
Shuka Minerals Plc has received the second £375,000 tranche of a previously announced £750,000 equity subscription from Menel Energy and Resources Limited, reinforcing its funding base for African mining operations. As part of the comple...
Business Operations and StrategyPrivate Placements and Financing
Shuka Minerals Cuts Debt as RAB Capital Ups Stake via Loan Assignment
Positive
Sep 3, 2026
Shuka Minerals has agreed to an assignment of £400,000 of its remaining GMI convertible loan, plus interest, to RAB Capital, enabling RAB to convert into up to 10,491,200 new shares at 4 pence per share, a roughly 20% premium to the latest mi...
Business Operations and StrategyPrivate Placements and Financing
Shuka Minerals Boosts Equity Base as Strategic Investors Convert Loan
Positive
Sep 2, 2026
Shuka Minerals has received conversion notices from strategic investors for the full £796,439 principal of an assigned convertible loan, issuing 19,910,977 new ordinary shares at 4 pence each. The company has also granted the investors warran...
Business Operations and StrategyPrivate Placements and Financing
Shuka Minerals Cuts Debt as Strategic Investors Take £800,000 Loan Stake
Positive
Sep 1, 2026
Shuka Minerals has arranged for approximately £800,000 of its GMI Convertible Loan to be assigned to four South African strategic investors, who intend to convert the debt into up to 20 million new shares at 4 pence, a roughly 20% premium to ...
Business Operations and Strategy
Shuka Minerals Uncovers Ultra-High-Grade Zinc Ore at Kabwe
Positive
Aug 26, 2026
Shuka Minerals has completed the eleventh and final drill hole of its initial Kabwe campaign, confirming a newly identified near-surface zinc ore body south of the Speaks and Mine Club zones. The KBDD11 hole intersected two high-grade zones, inclu...
Business Operations and Strategy
Shuka Minerals Hits High-Grade Near-Surface Zinc Ore at Kabwe
Positive
Aug 18, 2026
Shuka Minerals has completed the tenth drill hole, KBDD10, in a newly identified near-surface orebody south of the Speaks and Mine Club zones at its Kabwe Zinc Mine in Zambia. The hole intersected 61.5 metres of mineralisation from surface, with z...
Business Operations and Strategy
Shuka Minerals Uncovers New Multi-Element Orebody at Kabwe Zinc Mine
Positive
Aug 13, 2026
Shuka Minerals has identified a new near-surface orebody containing zinc, lead, copper and vanadium south of the historic Speaks and Mine Club zones at its Kabwe Zinc Mine in Zambia. The KBDD09 drill hole, the first of three targeting this discove...
Regulatory Filings and Compliance
Shuka Minerals CEO Increases Stake with Market Share Purchase
Positive
Aug 7, 2026
Shuka Minerals has disclosed that its chief executive officer, Richard Lloyd, has purchased 716,913 ordinary shares in the company on the market at an average price of 2.78 pence per share. Following this transaction, Lloyd’s beneficial hold...
Business Operations and StrategyPrivate Placements and Financing
Shuka Minerals Settles Former Director Fees with New Share Issue
Neutral
Jul 23, 2026
Shuka Minerals has issued 375,000 new ordinary shares at 4 pence each to settle accrued fees owed to a former director, opting to pay these obligations in equity rather than cash. This move modestly increases the company’s share capital whil...
Business Operations and StrategyExecutive/Board ChangesPrivate Placements and Financing
Shuka Minerals secures premium funding and restructures debt to advance Kabwe project
Positive
Jul 22, 2026
Shuka Minerals has secured a £750,000 equity subscription from Zambian natural resources investor Menel Energy and Resources at a 4 pence issue price, a premium to the prior market close. Menel will receive warrants over an equivalent number ...
Business Operations and Strategy
Shuka Minerals Hits High-Grade Zinc and Copper in Kabwe Drilling, Extends Programme
Positive
Jul 14, 2026
Shuka Minerals has completed its eighth drill hole, KBDD08, in the previously unmined Speaks and Mine Club zones at the Kabwe Zinc Mine in Zambia, intersecting significant zinc and copper mineralisation. Portable XRF readings from the hole include...
Business Operations and Strategy
Shuka Minerals Confirms Northerly Zinc Mineralisation at Kabwe and Extends Drilling Programme
Positive
Jul 10, 2026
Shuka Minerals has completed the sixth and seventh drill holes, KBDD06 and KBDD07, in the previously unmined Speaks and Mine Club zones at its Kabwe Zinc Mine in Zambia. The holes, located over 1 km northwest of the currently studied Pit 2 area, i...
Business Operations and Strategy
Shuka Minerals’ Deep Kabwe Drill Hole Confirms High-Grade Zinc at Depth
Positive
Jul 1, 2026
Shuka Minerals has completed a deep fifth diamond drill hole, KBDD05, at the No. 2 ore body of the Kabwe Zinc Mine, confirming that high-grade mineralisation continues at depth and that the ore body remains open on its western side. The hole, dril...
Business Operations and StrategyExecutive/Board ChangesM&A TransactionsPrivate Placements and Financing
Shuka Minerals pivots beyond coal with Kabwe acquisition and Rukwa restart plan
Positive
Jun 30, 2026
Shuka Minerals reported 2025 as a year of transition marked by board changes, strengthened funding support and a strategic pivot beyond coal, while its Rukwa coal mine in Tanzania remained on care and maintenance pending a planned restart in the t...
Business Operations and Strategy
Shuka Minerals Reports High-Grade Zinc Hit in Kabwe Drilling Campaign
Positive
Jun 18, 2026
Shuka Minerals has completed a fourth diamond drill hole, KBDD04, at the No.2 ore body of the Kabwe Zinc Mine, intersecting the orebody at about 110 metres depth on the western side of previously drilled areas. The hole returned an interval averag...
Business Operations and Strategy
Shuka Minerals Hits High-Grade Zinc in Third Kabwe Drill Hole
Positive
Jun 10, 2026
Shuka Minerals has reported another strong drilling result from its Kabwe Zinc Mine in Zambia, with the third diamond drill hole at the No. 2 ore body intersecting 19 metres grading 29.58% zinc from 221.10 metres depth. The company has started a f...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.