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Emerita Resources
(EMO)
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Rating:46Neutral
Price Target:
C$0.37
▼(-7.00% Downside)
Action:Reiterated
Date:08/27/26
The score is primarily constrained by very weak financial performance—no meaningful revenue, ongoing net losses, and negative operating cash flow—despite currently modest leverage. Technicals are mixed (below the 200-day average but holding above the 50/100-day with neutral momentum), while valuation is hampered by a negative P/E and no stated dividend yield.
Positive Factors
Modest Current Leverage
Low current leverage limits interest and debt-servicing pressure, preserving financial flexibility for exploration. However, the historical spike above 1.0 shows that this strength could change if future funding relies heavily on debt.
Negative Factors
No Demonstrated Operating Revenue
Without producing mines or product sales, Emerita lacks recurring operating revenue and remains dependent on exploration success or asset monetization. This makes fundamental performance highly dependent on future discoveries and project advancement.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest Current Leverage
Low current leverage limits interest and debt-servicing pressure, preserving financial flexibility for exploration. However, the historical spike above 1.0 shows that this strength could change if future funding relies heavily on debt.
Read all positive factors
Emerita Resources (EMO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$97.89M
Dividend YieldN/A
Average Volume (3M)246.34K
Price to Earnings (P/E)―
Beta (1Y)1.36
Revenue GrowthN/A
EPS Growth4.74%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.05
Shares Outstanding296,623,960
10 Day Avg. Volume156,491
30 Day Avg. Volume246,341
Financial Highlights & Ratios
PEG Ratio3.78
Price to Book (P/B)5.70
Price to Sales (P/S)0.00
P/FCF Ratio-83.54
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
Emerita Resources Business Overview & Revenue Model
Company Description
Emerita Resources Corp. operates as a natural resources firm primarily engaged in acquiring, investigating, and advancing mineral sites, with its main operations concentrated in Spain. The company's key exploration efforts are directed towards ide...
How the Company Makes Money
As a pre-revenue mineral exploration company, Emerita Resources’ ability to generate operating revenue from product sales is null because it does not have publicly confirmed producing mining operations selling metals. In this stage of the mining l...
Emerita Resources Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
56
Neutral
Cash Flow
25
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 9.58M | 0.00 |
| Gross Profit | -151.56K | -132.51K | -9.38M | -16.47M | -14.67K | -4.90K |
| EBITDA | -12.27M | -10.52M | -13.21M | -21.46M | -20.69M | -17.23M |
| Net Income | -14.13M | -12.51M | -12.93M | -21.49M | -20.71M | -17.23M |
Balance Sheet | ||||||
| Total Assets | 75.17M | 79.90M | 13.36M | 13.27M | 22.62M | 27.42M |
| Cash, Cash Equivalents and Short-Term Investments | 9.13M | 27.25M | 10.96M | 9.80M | 20.18M | 26.78M |
| Total Debt | 9.00M | 7.79M | 5.74M | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 10.53M | 9.19M | 8.09M | 1.58M | 1.84M | 1.21M |
| Stockholders Equity | 64.65M | 70.71M | 5.27M | 11.69M | 20.78M | 26.21M |
Cash Flow | ||||||
| Free Cash Flow | 352.29K | -4.83M | -11.62M | -21.16M | -12.62M | -4.29M |
| Operating Cash Flow | -7.94M | -4.70M | -11.44M | -21.07M | -12.29M | -4.28M |
| Investing Cash Flow | -16.32M | -12.75M | -129.65K | -61.98K | -555.43K | -79.22K |
| Financing Cash Flow | 25.24M | 33.80M | 12.72M | 10.81M | 6.18M | 30.36M |
Emerita Resources Technical Analysis
Negative
0.40
Price Trends
0.36
Negative
0.36
Negative
0.48
Negative
Market Momentum
>-0.01
Positive
37.11
Neutral
11.92
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EMO, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.39, above the 50-day MA of 0.36, and below the 200-day MA of 0.48, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 37.11 is Neutral, neither overbought nor oversold. The STOCH value of 11.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EMO.
Emerita Resources Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | C$184.54M | -21.54 | -7.44% | ― | ― | -91.98% | |
54 Neutral | C$154.01M | -106.33 | -1.28% | ― | ― | 98.58% | |
48 Neutral | C$258.47M | -4,100.00 | -1.88% | ― | ― | 78.95% | |
46 Neutral | C$97.89M | -6.83 | -20.67% | ― | ― | 4.74% | |
39 Underperform | C$106.85M | -22.18 | -18.48% | ― | ― | -18.56% |
* General Sector Average
TSE:EMO
Emerita Resources
0.34
-1.07
-76.16%
TSE:LAM
Laramide Resources
0.64
0.09
16.36%
TSE:NCF
Northcliff Resources
0.41
0.23
125.00%
TSE:FURY
Fury Gold Mines
0.82
-0.11
-11.41%
TSE:DMX
District Metals
0.53
-0.58
-52.25%
Emerita Resources Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial DisclosuresRegulatory Filings and ComplianceShareholder Meetings
Emerita Faces Governance Scrutiny as Shareholders Challenge Directors and Stock Option Plan
Negative
Aug 25, 2026
Emerita Resources has reported the results of its annual general and special meeting, where shareholders approved the appointment of auditors and elected six directors, though three nominees received more withheld than supporting votes, triggering...
Business Operations and StrategyPrivate Placements and Financing
Emerita wins EU-backed Andalusian grant to advance IBW metallurgical R&D
Positive
Aug 17, 2026
Emerita Resources has secured a €108,877 research and development grant from the Andalusian regional government’s TRADE agency, co-financed by the European Union, to support metallurgical innovation at its wholly owned Iberian Belt Wes...
Business Operations and StrategyLegal Proceedings
Emerita Defends Falcon Litigation Strategy Amid Activist Withhold Campaign
Neutral
Aug 14, 2026
Emerita Resources is pushing back against a withhold campaign led by activist investor PM Super Fund, arguing that the board has already taken the key step demanded by the activist by launching a civil claim tied to the Falcon Project. The company...
Business Operations and StrategyExecutive/Board ChangesLegal ProceedingsShareholder Meetings
Emerita Urges Support for Full Board Slate Amid Activist Withhold Campaign
Negative
Aug 12, 2026
Emerita Resources is urging shareholders to back all six of its director nominees at the August 25 annual meeting, rejecting a withhold campaign led by PM Super Fund that targets three board members. The company argues that the campaign would caus...
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.