East Africa Metals Inc. (EAM.V)
East Africa Metals Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.07, down 6.67% on the session, giving a market capitalisation of $18.8M. Its beta of 0.58 implies it has historically moved less than the broad market.
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.
East Africa Metals Inc. is most often compared with the following Basic Materials names: