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Eureka Lithium (ERKA) Price & Analysis

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ERKA Stock Chart & Stats

C$0.32

C$0.02(6.67%)

At close: Jul 24 4:00 PM EDT

C$0.32

C$0.02(6.67%)

Day’s Range― - ―

52-Week RangeC$0.18 - C$0.56

Previous CloseN/A

Volume199.85K

Average Volume (3M)95.33K

Market Cap

C$15.70M

Enterprise ValueC$11.96

Total Cash (Recent Filing)C$5.54M

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta2.76

Next Earnings

Oct 20, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.32

Shares Outstanding47,563,374

10 Day Avg. Volume80,875

30 Day Avg. Volume95,326

Financial Highlights & Ratios

PEG Ratio0.01

Price to Book (P/B)8.26

Price to Sales (P/S)0.00

P/FCF Ratio-7.13

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

Bulls Say, Bears Say

Bulls Say

Debt-Free Balance SheetA debt-free balance sheet reduces mandatory interest and repayment obligations, giving the company greater flexibility while it develops its business. This improves resilience relative to a leveraged early-stage issuer, although continued losses still create financing needs.

Improving Cash-Burn TrendThe materially smaller cash outflow versus 2024 suggests some progress in controlling cash consumption, which could extend financial runway if maintained. However, the improvement has not yet produced self-funding operations, so its durability depends on further execution.

Reported EPS ImprovementReported positive EPS growth provides a limited indication that per-share performance has improved over the measured period. It is not yet supported by revenue or profitability, but sustained improvement could help demonstrate progress as the company advances beyond its early-stage profile.

Bears Say

Pre-Revenue BusinessThe absence of reported revenue means the company has not yet demonstrated commercial adoption or an operating revenue base. This keeps the business dependent on future development and financing outcomes, while making near-term earnings visibility and scalability highly uncertain.

Widening Net LossesPersistent losses, including a wider TTM net loss, indicate that operating progress has not yet translated into improving profitability. Continued negative earnings can consume capital, constrain strategic choices, and increase the likelihood that future growth requires additional external funding.

Ongoing Cash ConsumptionNegative operating and free cash flow show that the company cannot currently fund operations internally. Even with a debt-free balance sheet and improved burn versus 2024, ongoing cash consumption creates dependence on available capital and raises dilution or financing risk over time.

Eureka Lithium News

Eureka Metals Launches First Drill Program at KM98 Hook Target in Québec

Eureka Lithium ( ($TSE:ERKA) ) has issued an update. Eureka Metals Corp. has outlined a maiden eight-hole diamond...

21d ago

Eureka Metals Starts First Field Program at KM98 Titanium Project in Québec

The latest update is out from Eureka Lithium ( ($TSE:ERKA) ). Eureka Metals Corp. has launched its first...

26d ago

Eureka Metals Maps Broad Magnetic Trends at Expanded Tyee Titanium Project

Eureka Lithium ( ($TSE:ERKA) ) just unveiled an announcement. Eureka Metals Corp. has completed a high-resolution airborne magnetic...

1M ago

Eureka Lithium Sheds Nunavik Claims, Refocuses on New Canadian Projects

The latest update is out from Eureka Lithium ( ($TSE:ERKA) ). Eureka Lithium Corp. has clarified that it...

6M ago

Eureka Lithium Launches $6 Million Financing to Fund Exploration

Eureka Lithium ( ($TSE:ERKA) ) just unveiled an announcement. Eureka Lithium Corp. plans to raise up to $2...

7M ago

Eureka Lithium Secures 100% Ownership of Cabin Lake and Tyee Projects in Canada

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium has completed the acquisition of Stairway Mining...

7M ago

Eureka Lithium to Acquire Titanium, Vanadium and Precious Metals Projects via Stairway Mining Deal

An announcement from Eureka Lithium ( ($TSE:ERKA) ) is now available. Eureka Lithium Corp. has entered into a...

8M ago

Eureka Lithium Adds Experienced Advisor Cody Simpson to Board as Director Resigns

Eureka Lithium ( ($TSE:ERKA) ) has provided an announcement. Eureka Lithium Corp. has appointed Cody Simpson, an enterprise...

8M ago

Eureka Lithium Completes Debt Settlement with Share Issuance

Eureka Lithium ( ($TSE:ERKA) ) has provided an announcement. Eureka Lithium Corp. has completed debt settlements by issuing...

1y ago

Eureka Lithium Requires Shareholder Approval for Warrant Exercise Post-Private Placement

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium Corp. has announced that the warrants issued...

1y ago

ERKA FAQ

What was Eureka Lithium Corp.’s price range in the past 12 months?

Eureka Lithium Corp. lowest stock price was C$0.18 and its highest was C$0.56 in the past 12 months.

What is Eureka Lithium Corp.’s market cap?

Eureka Lithium Corp.’s market cap is C$15.70M.

When is Eureka Lithium Corp.’s upcoming earnings report date?

Eureka Lithium Corp.’s upcoming earnings report date is Oct 20, 2026 which is in 28 days.

How were Eureka Lithium Corp.’s earnings last quarter?

Eureka Lithium Corp. released its earnings results on Aug 31, 2026. The company reported -C$0.021 earnings per share for the quarter.

Is Eureka Lithium Corp. overvalued?

According to Wall Street analysts Eureka Lithium Corp.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Eureka Lithium Corp. pay dividends?

Eureka Lithium Corp. does not currently pay dividends.

What is Eureka Lithium Corp.’s EPS estimate?

Eureka Lithium Corp.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Eureka Lithium Corp. have?

Eureka Lithium Corp. has 47,563,374 shares outstanding.

What happened to Eureka Lithium Corp.’s price movement after its last earnings report?

Eureka Lithium Corp. reported an EPS of -C$0.021 in its last earnings report. Following the earnings report the stock price went down -8.824%.

Which hedge fund is a major shareholder of Eureka Lithium Corp.?

Currently, no hedge funds are holding shares in TSE:ERKA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Eureka Lithium Corp.

Eureka Lithium Corp. is an emerging mining company dedicated to identifying, exploring, and developing mineral resources throughout Canada. The firm possesses an exclusive right to acquire a 75% ownership share in the North McKinney property, which consists of five mining claims covering 1,289 hectares situated on the southeastern face of Mt. Baldy in southern British Columbia. Initially incorporated in 2021 as Scout Minerals Corp., the company adopted its current name, Eureka Lithium Corp., in June 2023. Its operational base is in Vancouver, Canada.