East Africa Metals Inc. (EAM.V) Research

East Africa Metals Inc. (EAM.V) is a mineral exploration firm primarily engaged in identifying, acquiring, exploring, developing, and ultimately divesting properties containing both base and precious metals across Ethiopia and Tanzania. The company's exploration efforts predominantly target deposits of gold, copper, silver, and zinc. Its key holdings include a 70% stake in the Harvest property. Additionally, it fully owns the Adyabo project, which consists of two exploration licenses encompassing 195 square kilometers within the Arabian Nubian Shield of northern Ethiopia. The company also holds an interest in the Handeni property located in northeastern Tanzania, which comprises two mining licenses spanning 9.9 square kilometers, alongside adjacent mineral tenures totaling approximately 83.5 square kilometers. Established in 2012, the company maintains its headquarters in Vancouver, Canada.

Market snapshot

Symbol
EAM.V
Price
$0.10
Day change
+5.56%
Market cap
$25.6M
P/E ratio
-12.91x
52-week range
0.09-0.2
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

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  • Atico Mining Corporation (ATY.V)
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  • Commerce Resources Corp. (CCE.V)
  • Gensource Potash Corporation (GSP.V)
  • Manganese X Energy Corp. (MN.V)
  • Quartz Mountain Resources Ltd. (QZM.V)

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