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Added to YB: 2024-11-13

Pitch date: 2024-11-11

EMO.V [bullish]

Emerita Resources Corp.

+140.48%

current return

Author Info

Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.

Company Info

Emerita Resources Corp., through its subsidiary, acquires, explores, and develops mineral properties in Spain.

Market Cap

CAD 433.7M

Pitch Price

CAD 0.63

Price Target

4.00 (+164%)

Dividend

N/A

EV/EBITDA

-23.16

P/E

-19.50

EV/Sales

N/A

Sector

Metals and Mining

Category

special_situation

Show full summary:
Emerita Resources (TSX.V: EMO): A Deep Dive into Alleged Corruption at the Aznalcóllar Tender Process

EMO.V: Legal battle for $25B Aznalcóllar mine. Strong evidence of corruption in tender process. 16 defendants face trial Mar 2025. If Emerita wins, gains rights to world-class Zn-Cu-Pb asset. Current price $0.57 backstopped by IBW asset. PT $4 on conviction, $6+ if awarded tender.

Read full article (11 min)