Added to YB: 2026-09-01
Pitch date: 2026-08-30
EDM.V [bullish]
EDM Resources Inc.
+1.39%
current return
Author Info
The Pale Blue Dot is an ex-investment banker with more than a decade of experience in M&A advisory, capital raising and equity derivatives. Sign up for the newsletter.
Company Info
EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits.
Market Cap
CAD 56.4M
Pitch Price
CAD 0.72
Price Target
N/A
Dividend
N/A
EV/EBITDA
-32.63
P/E
154.49
EV/Sales
N/A
Sector
Metals and Mining
Category
value
https://saadkhan88.substack.com/p/edm-resources-edmv-small-market-cap
EDM.V: EDM Resources’ C$60M valuation is 0.3-0.4x an estimated C$200M Scotia Mine NPV after allowing for substantial capex and opex inflation. Existing infrastructure limits startup capex, only Fisheries Act approval remains, and a US$58M gypsum offtake supports commercialization. An updated PFS and gold exploration could add value, but reserves, processing charges, corporate costs, financing and gold economics remain unresolved; a 5% position was initiated.
Read full article (4 min)