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Symbol Data
Symbol
Currency
TSE:EOX
CAD
OTCMKTS:EOXFF
USD
Description
Euromax Resources Ltd are a gold focused junior, late stage developer with one mine in development in Macedonia (FYR) and three exploration properties. They have approximately 2.75Moz. of gold in the reserves and resources category of which 2.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$11.71M which is a fall of roughly 80% over the last nine months. As of 07/18/2023 they have ~C$27M debt and ~C$4.7M cash. They have 491M shares outstanding and trade on the Toronto Stock Exchange and the over-the-counter markets.
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General Details
Financial
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$58.21M
$11.71M
07/18/2023
$-46.50M
Total Assets:
$35.60M
$34.01M
07/18/2023
$-1.59M
Total Liabilities:
$28.78M
$27.50M
07/18/2023
$-1.28M
Current Assets:
$4.92M
$4.70M
07/18/2023
$-0.22M
Current Liabilities:
$28.78M
$27.50M
07/18/2023
$-1.28M
Total Debt:
$28.02M
$26.77M
07/18/2023
$-1.25M
Cash:
$4.92M
$4.70M
07/18/2023
$-0.22M
Enterprise Value:
$81.30M
$33.78M
01/26/1971
$-47.53M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
07/18/2023
n/a
Misc
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
491,000,000
491,000,000
07/18/2023
0
Shares (FD):
809,000,000
809,000,000
07/18/2023
0
Insider Ownership:
n/a
20%
07/18/2023
20%
Dividend (Annual):
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
01/01/2024
07/18/2023
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
07/18/2023
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
07/18/2023
0
Initial CapEx (Outstanding):
$474.00M814.35% of MCap
$474.00M4048.5% of MCap
07/18/2023
$0.00M
Funding Option:
n/a
(guess) Debt Financing
07/18/2023
n/a
Documentation:
none
FS
07/18/2023
n/a
Future MCap Modifier:
0.05Developer: Early Development
0.05Developer: Early Development
07/18/2023
0
Cash Flow Multiplier:
3
3
07/18/2023
0.00
Resource Data
GOLD
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
2.00M
2.00M
07/18/2023
0.00M
Measured & Indicated:
2.50M
2.50M
07/18/2023
0.00M
Inferred:
0.25M
0.25M
07/18/2023
0.00M
Reserves & Resources:
2.75M
2.75M
never
0.00M
P L A U S I B L E
Proven & Probable:
1.70M
1.70M
07/18/2023
0.00M
Measured & Indicated:
2.04M
2.04M
07/18/2023
0.00M
Inferred:
0.11M
0.11M
07/18/2023
0.00M
Reserves & Resources:
2.15M
2.15M
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
07/18/2023
$0.00
Extra Operating Cost:
n/a
n/a
07/18/2023
$0.00
G R A D E
Underground (Avg):
0.33 g/t
n/a
07/18/2023
n/a
Open Pit (Avg):
n/a
0.33 g/t
07/18/2023
0.33 g/t
Recovery Rate:
(CG) 85.00%
(CG) 85.00%
07/18/2023
0.00%
F U T U R E
Proven & Probable:
2.00M
2.00M
07/18/2023
0.00M
Annual Production:
70,000oz.
70,000oz.
07/18/2023
0oz.
Cash Cost:
$300
$300
07/18/2023
$0
Extra Operating Cost:
$300
$300
07/18/2023
$0
SILVER
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
07/18/2023
0.00M
Measured & Indicated:
n/a
n/a
07/18/2023
0.00M
Inferred:
n/a
n/a
07/18/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
07/18/2023
0.00M
Measured & Indicated:
n/a
n/a
07/18/2023
0.00M
Inferred:
n/a
n/a
07/18/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
07/18/2023
$0.00
Extra Operating Cost:
n/a
n/a
07/18/2023
$0.00
G R A D E
Underground (Avg):
n/a
n/a
07/18/2023
n/a
Open Pit (Avg):
n/a
n/a
07/18/2023
n/a
Recovery Rate:
n/a
n/a
07/18/2023
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
07/18/2023
0.00M
Annual Production:
n/a
n/a
07/18/2023
n/a
Cash Cost:
n/a
n/a
07/18/2023
n/a
Extra Operating Cost:
n/a
n/a
07/18/2023
n/a
Property
Last Analysis Data (07/18/2023)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Exploration
Sofia , Bulgaria
Breznik
100%
n/a
n/a
n/a
Exploration
Sofia , Bulgaria
Trun
100%
6,500
Open Pit
show
2 million oz open pit at .7 gpt. PEA coming soon.
Development
Strumitza, Macedonia , Macedonia (FYR)
Ilovitza
100%
500
Open Pit
show
2.5 million oz gold resource (.33 gpt with nearly 2 billion lbs of copper.
85% recovery rates for gold. It is really a copper mine with a large capex and low IRR (around 15%).
25% of first 500,000 oz go to Royal gold at 25% of the spot price.
Then 12.5 for the LOM.
Exploration
Novi Passar , Serbia
KMC
100%
6,000
n/a
show
Early gold/copper project.
Total Land Package Size (ha):
13,000
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Exploration
Sofia , Bulgaria
Breznik
100%
n/a
n/a
n/a
Exploration
Sofia , Bulgaria
Trun
100%
6,500
Open Pit
show
2 million oz open pit at .7 gpt. PEA coming soon.
Development
Strumitza, Macedonia , Macedonia (FYR)
Ilovitza
100%
500
Open Pit
show
2.5 million oz gold resource (.33 gpt with nearly 2 billion lbs of copper.
85% recovery rates for gold. It is really a copper mine with a large capex and low IRR (around 15%).
25% of first 500,000 oz go to Royal gold at 25% of the spot price.
Then 12.5 for the LOM.
Exploration
Novi Passar , Serbia
KMC
100%
6,000
n/a
show
Early gold/copper project.
Total Land Package Size (ha):
13,000
Profitability (by resource)
Proven & Probable
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
2.00M
2.00M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
9.22M
P L A U S I B L E
Gold Eq. Oz.:
1.70M
1.70M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
7.83M
Maximum Profit (Gold):
$2,342.26M
$3,021.92M
n/a
$679.66M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$2,342.26M
$3,021.92M
n/a
$679.66M
Max Profit / Current MCap:
40.241
258.106
n/a
217.865
Max Profit Per Share (Gold):
$2.90
$3.74
n/a
$0.84
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$2.90
$3.74
n/a
$0.84
Total Free Profit Per Share:
$2.80
$3.72
n/a
$0.92
FD MCap / Gold Eq.:
$34.24
$6.89
n/a
$-27.35
FD MCap / Silver Eq.:
$0.43
$0.08
n/a
$-0.35
FD MCap / Per Metal as % Spot Price:
1.73%
0.29%
n/a
-1.44%
Measured & Indicated
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
2.50M
2.50M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
11.52M
P L A U S I B L E
Gold Eq. Oz.:
2.04M
2.04M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
9.40M
Maximum Profit (Gold):
$2,810.71M
$3,626.30M
n/a
$815.59M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$2,810.71M
$3,626.30M
n/a
$815.59M
Max Profit / Current MCap:
48.289
309.727
n/a
261.438
Max Profit Per Share (Gold):
$3.47
$4.48
n/a
$1.01
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.47
$4.48
n/a
$1.01
Total Free Profit Per Share:
$3.38
$4.46
n/a
$1.08
FD MCap / Gold Eq.:
$28.53
$5.74
n/a
$-22.79
FD MCap / Silver Eq.:
$0.36
$0.07
n/a
$-0.29
FD MCap / Per Metal as % Spot Price:
1.44%
0.24%
n/a
-1.20%
Reserves & Resources
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
2.75M
2.75M
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
12.67M
P L A U S I B L E
Gold Eq. Oz.:
2.15M
2.15M
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
9.89M
Maximum Profit (Gold):
$2,957.10M
$3,815.17M
n/a
$858.07M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$2,957.10M
$3,815.17M
n/a
$858.07M
Max Profit / Current MCap:
50.804
325.859
n/a
275.055
Max Profit Per Share (Gold):
$3.66
$4.72
n/a
$1.06
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$3.66
$4.72
n/a
$1.06
Total Free Profit Per Share:
$3.56
$4.70
n/a
$1.14
FD MCap / Gold Eq.:
$27.12
$5.46
n/a
$-21.66
FD MCap / Silver Eq.:
$0.34
$0.07
n/a
$-0.28
FD MCap / Per Metal as % Spot Price:
1.37%
0.23%
n/a
-1.14%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
07/18/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7573
CAD 0.7236
04/17/2024
Spot Gold:
$1,977.80
$2,377.60
04/17/2024
$399.80
Spot Silver:
$25.01
$28.41
04/17/2024
$3.40
Gold:Silver Ratio:
79.08
83.69
04/17/2024
4.61
Spot Gold (Future):
$3,000.00
$3,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
30.00
30.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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