EMPIRE METALS CORP chart

Last update: 2021-02-18
Key statistics and financials
Revenue per share N/A
Dividend & YieldN/AC$ (N/A)
Beta 0.34
Market capitalization 16.71M
Operating cash flow -625.44k
ESG Scores unknown

Company description

Empire Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company explores for lithium, potassium, boron, bromine, magnesium, platinum, palladium, graphite, nickel, and gold. It holds 100% interests in the Buck Lake project and Gwyn Lake gold property located in Thunder Bay, Ontario; a 30% interest in the Beardmore gold property located in Ontario; and a 70% interest in the Fox Creek lithium project located in Alberta, Canada. The company also has an option to acquire an 80% interest in the Graphite West project located in Ontario, Canada. The company was formerly known as Empire Rock Minerals Inc. and changed its name to Empire Metals Corp. in February 2017. Empire Metals Corp. was incorporated in 1981 and is based in Vancouver, Canada.

Sector: Basic Materials - Industry: Other Industrial Metals & Mining

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 363.69k -203.27k -430.07k
Total Cashflows From Investing Activities -381.77k -112.92k -50.4k
Net Borrowings -16.54k -304.56k -86.36k
Total Cash From Financing Activities 2.17M 353.58k 637.14k
Change To Operating Activities 88.77k 10k 5.25k
Issuance Of Stock 2.19M 658.13k 723.5k
Net Income -1.38M -327.77k -2.15M
Change In Cash 1.49M -320.29k -268.95k
Effect Of Exchange Rate
Total Cash From Operating Activities -293.49k -560.94k -855.7k
Depreciation 319.67k 319.67k 319.67k
Change To Account Receivables 12.18k -11.89k -4.07k
Other Cashflows From Financing Activities -6.12k
Change To Netincome 619.79k -28k 1.41M
Capital Expenditures -381.77k -112.92k -50.4k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -1.38M -327.77k -2.15M
Net Income -1.38M -327.77k -2.15M
Selling General Administrative 286.99k 222.84k 226.02k
Gross Profit
Ebit -906.78k -222.84k -1.95M
Operating Income -906.78k -222.84k -1.95M
Interest Expense -309.37k -93.16k -206.19k -169.12k
Income Tax Expense
Total Revenue
Cost Of Revenue
Total Other Income ExpenseNet -471.15k -104.93k -200.78k -194.58k
Net Income From Continuing Ops -1.38M -327.77k -2.15M
Net Income Applicable To Common Shares -1.38M -327.77k -2.15M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.87M 1.43M 940.7k
Total Stockholder Equity 4.26M 4.68M 4.65M
Other Current Liabilities
Total Assets 6.13M 6.11M 5.59M
Common Stock 20.66M 21.36M 22.08M
Other Current Assets
Retained Earnings -19.14M -19.47M -21.62M
Treasury Stock 2.75M 2.79M 4.2M
Cash 1.52M 1.2M 928.8k
Total Current Liabilities 1.87M 1.43M 940.7k
Other Stockholder Equity 2.75M 2.79M 4.2M
Property, Plant, and Equipment 4.59M 4.88M 4.64M
Total Current Assets 1.54M 1.22M 954.51k
Net Tangible Assets 4.26M 4.68M 4.65M
Net Receivables 5.75k 17.64k 21.71k
Accounts Payable 95.63k 895.94k 809.73k 735.34k


Insider Transactions

Here are the insider transactions of stock shares related to EMPIRE METALS CORP:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Boyce (James)Exercise of warrants at price 0.04 per share.D2020-12-29Director of Issuer100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to EMPIRE METALS CORP. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on EMPIRE METALS CORP

Here is the result of two systematic investment strategies applied to EMPIRE METALS CORP. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on EMPIRE METALS CORP

The following chart shows the equity curve of the two systematic investment strategies applied to EMPIRE METALS CORP:

EMPIRE METALS CORP automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 120.02% on the backtest period.

Performance at glance

Performance

120.02 %

Latent gain

2700.62 C$

Invested capital

2250.11 C$

Annualized return

27.65 %
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Momentum strategy results on EMPIRE METALS CORP

This is the result of two momentum investment strategies applied to EMPIRE METALS CORP. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on EMPIRE METALS CORP

The following chart shows all the entries opened by the momentum investment system on EMPIRE METALS CORP:

EMPIRE METALS CORP momentum entries
  • The first momentum investment strategy would give 70.34% of return on EMPIRE METALS CORP. That represents 4220.21C$ of latent gain with 5999.71C$ of employed capital.
  • The second momentum investment strategy would give 75.99% of return on EMPIRE METALS CORP. That represents 3419.4C$ of latent gain with 4499.88C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

70.34 %

Latent gain

4220.21 C$

Invested capital

5999.71 C$

Annualized return

12.7 %
Performance at glance (2Q Momentum)

Performance

75.99 %

Latent gain

3419.4 C$

Invested capital

4499.88 C$

Annualized return

19.69 %

Momentum equity curve on EMPIRE METALS CORP

The following chart shows the equity curve of the two momentum strategies applied to EMPIRE METALS CORP:

EMPIRE METALS CORP momentum equity

Note: the dividends potentially given by EMPIRE METALS CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EMPIRE METALS CORP

The following chart shows the employed capital evolution of the two momentum strategies on EMPIRE METALS CORP since the beginning:

EMPIRE METALS CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on EMPIRE METALS CORP

Buy the dip entry openings on EMPIRE METALS CORP

EMPIRE METALS CORP

The performance achieved by the robo-advisor on EMPIRE METALS CORP is 29.71%. That represents 445.64$ of latent gain with 1500.04C$ of employed capital. The following chart shows EMPIRE METALS CORP stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of EMPIRE METALS CORP, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

29.71 %

Latent gain

445.64 C$

Invested capital

1500.04 C$

Annualized return

12.7 %

Equity curve of the strategy applied to EMPIRE METALS CORP

The following chart shows the result of the investment strategy applied to EMPIRE METALS CORP:

EMPIRE METALS CORP

Note: the dividends potentially given by EMPIRE METALS CORP are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on EMPIRE METALS CORP

The following chart shows the employed capital evolution since the beginning of the investment strategy on EMPIRE METALS CORP:

EMPIRE METALS CORP

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on EMPIRE METALS CORP

In this section, I will compare the three previous investment strategies applied to EMPIRE METALS CORP.

Equity curve comparison on EMPIRE METALS CORP

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

EMPIRE METALS CORP investment strategy comparison

Employed capital comparison on EMPIRE METALS CORP

EMPIRE METALS CORP investment comparison

Performance comparison on EMPIRE METALS CORP

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 120.02% 2700.62C$ 2250.11C$ 27.65%
Momentum 1 quarter 70.34% 4220.21C$ 5999.71C$ 17.16%
Momentum 2 quarters 75.99% 3419.4C$ 4499.88C$ 19.69%
Non-directional 29.71% 445.64C$ 1500.04C$ 12.7%
Annualized return comparison

Automatic investment

27.65 %

Momentum 1Q

19.69 %

Momentum 2Q

19.69 %

Non-directional

12.7 %

Correlated stocks

Here are the most positively and negatively correlated stocks with EMPIRE METALS CORP:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between EMPIRE METALS CORP and the other stocks. There may be false positives or some missing correlated stocks. If the price of EMPIRE METALS CORP does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name EMPIRE METALS CORP
Country Canada
City Vancouver
Address 889 West Pender Street
Phone
Website www.empiremetalscorp.com
FullTime employees
Industry Other Industrial Metals & Mining
Sector Basic Materials
Exchange XTSX
Ticker EP.XTSX
Market www.tsx.com

EMPIRE METALS CORP ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown