Equity Metals Corporation (EQMEF)
Equity Metals Corporation operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.21, down 2.55% on the session, giving a market capitalisation of $51.1M. On trailing twelve-month figures it carries a trailing P/E of -6.55, a net margin of 0.0%. Its beta of 0.93 implies it has historically moved less than the broad market.
Equity Metals Corporation, an enterprise headquartered in Vancouver, Canada, and originally incorporated in 1964, specializes in the identification, exploration, and advancement of mineral assets across Canada. The company's prospecting endeavors target a diverse range of valuable resources, including gold, silver, zinc, copper, and diamond deposits. Among its significant holdings, Equity Metals possesses a 100% stake in the extensive Silver Queen property. This asset encompasses 17 crown-granted claims and 45 tenure claims, covering an area of roughly 18,851.76 hectares, and is situated within British Columbia's Omineca Mining Division, adjacent to Owen Lake. Furthermore, the corporation holds a 57.49% interest in the Monument Diamond property, which lies on the southern bank of Lac de Gras in the Northwest Territories. It also maintains full ownership of a 54-acre lease dedicated to Saskatchewan Silica Sand. Notably, the company adopted its current name, Equity Metals Corporation, in September 2019, having previously operated under the name New Nadina Explorations Limited.
Equity Metals Corporation is most often compared with the following Basic Materials names: