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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)33.75K

Market Cap

C$16.43M

Enterprise ValueC$9.93

Total Cash (Recent Filing)C$517.22K

Total Debt (Recent Filing)C$0.00

Price to Earnings (P/E)―

Beta2.68

Next Earnings

Aug 25, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)-0.29

Shares Outstanding46,938,374

10 Day Avg. Volume9,123

30 Day Avg. Volume33,752

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 capital structure materially lowers bankruptcy and interest-rate risk and gives management flexibility to fund exploration, partnerships, or capex via equity or project finance. Over 2-6 months this preserves strategic optionality and reduces fixed financial costs.

Improved Cash Burn In 2025A meaningful reduction in cash burn in 2025 suggests management has begun to control operating outflows. If sustained, this trend extends the company runway, lowers near-term external funding needs, and increases the chance of reaching value-creating milestones without immediate additional capital.

Some Operating-loss ImprovementAn improvement in operating losses year-over-year indicates operational levers (cost cuts or efficiencies) can reduce losses. This demonstrates management can influence burn and supports a pathway, albeit early, toward improved profitability metrics if revenue or further efficiencies materialize.

Bears Say

Pre-revenue ProfileThe absence of revenue and gross profit means the core business model remains unproven and the company lacks operating cash generation. Over the medium term this is a fundamental constraint: without demonstrable sales, financing dependency and execution risk remain high.

Persistent Negative Cash FlowConsistent negative operating and free cash flow signals ongoing cash burn and reliance on external financing. This structurally reduces strategic flexibility, risks dilution or restrictive financing terms, and limits the firm’s ability to fund projects or scale without new capital.

Capital Erosion / Falling EquityA sharp decline in equity and total assets by 2025 indicates shareholder capital is being consumed by losses. This erosion weakens the balance sheet, can constrain access to attractive financing, and is a structural signal of sustained value destruction unless operational performance reverses.

Eureka Lithium News

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...

4M 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...

5M 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...

5M 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...

6M 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...

7M 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

Eureka Lithium Corp. Completes $823,761.92 Private Placement to Boost Exploration Efforts

Eureka Lithium ( ($TSE:ERKA) ) just unveiled an announcement. Eureka Lithium Corp. has successfully closed a non-brokered private...

1y ago

Eureka Lithium Corp Announces Strategic Debt Settlements

An announcement from Eureka Lithium ( ($TSE:ERKA) ) is now available. Eureka Lithium Corp has announced debt settlement...

1y ago

Eureka Lithium Corp Announces $825,000 Private Placement Financing

Eureka Lithium ( ($TSE:ERKA) ) has shared an announcement. Eureka Lithium Corp has announced a non-brokered private placement...

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$16.43M.

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

Eureka Lithium Corp.’s upcoming earnings report date is Aug 25, 2026 which is in 18 days.

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

Currently, no data Available

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 46,938,374 shares outstanding.

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

Currently, no data Available

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.