East Africa Metals Inc. (EFRMF)
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 $0.01, up 0.00% on the session, giving a market capitalisation of $3.4M. On trailing twelve-month figures it carries a trailing P/E of -1.18, a net margin of 0.0%. Its beta of -6.18 implies it has historically moved less than the broad market.
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.
East Africa Metals Inc. is most often compared with the following Basic Materials names: