East Africa Metals Inc. (EFRMF) Research

East Africa Metals Inc. is a mineral exploration firm dedicated to the full lifecycle of mineral resource properties, encompassing their identification, acquisition, exploration, development, and ultimate sale. The company concentrates its activities in Ethiopia and Tanzania, primarily seeking deposits of gold, copper, silver, and zinc. Key assets include a 70% share in the Harvest property and complete ownership of the Adyabo project, which consists of two exploration licenses covering 195 square kilometers within northern Ethiopia's Arabian Nubian Shield. In northeastern Tanzania, the company also holds interests in the Handeni property, comprising two mining licenses spanning 9.9 square kilometers and additional contiguous mineral tenures of approximately 83.5 square kilometers. Established in 2012, East Africa Metals Inc. operates from its headquarters in Vancouver, Canada.

Market snapshot

Symbol
EFRMF
Price
$0.06
Day change
+368.80%
Market cap
$25.6M
P/E ratio
-12.91x
52-week range
0.0026-0.1019
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

  • Gensource Potash Corporation (AGCCF)
  • Aztec Minerals Corp. (AZZTF)
  • Bold Ventures Inc. (BVLDF)
  • Castile Resources Limited (CLRSF)
  • Commerce Resources Corp. (CMRZF)
  • Coda Minerals Limited (CODMF)
  • Fokus Mining Corporation (FKMCF)
  • Kutcho Copper Corp. (KCCFF)

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