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Data-driven stock valuation

Emc Gold Corporation (EM3) fair value: what the stock is really worth

As of Oct 30, 2026: fair value (intrinsic value) of Emc Gold Corporation stock A$0.01, price A$0.09, upside -86.4%, quality 30 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

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Basic Materials AU · ISIN AU0000445173

EG Emc Gold Corporation logo Thin data Oct 30, 2026

Emc Gold Corporation

EM3 · AU
Weakest Setup

Our calculation puts a fair price 86% below what the stock costs today.

Revenue last quarter +75% vs. a year ago.
Fair value A$0.0128 · Strongly overvalued (−86.4%)
Quality 30/100
Negative free cash flow
Trails peers (1/6)
Narrow moat 12/100 · thin data
Thin data
⟳ Cyclical⚠ Dilution

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

A$0.2800 A$0.0770 Fair Value A$0.0128 Dec 2025 Oct 2026

White line = price, green steps = our fair value per fiscal year. As of Oct 30, 2026.

How to read this chart

11‑month range A$0.0770 – A$0.2800 · the A$0.0940 price screens above the A$0.0128 fair value. As of Oct 30, 2026.

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Company profile

EMC Gold Corporation operates as an exploration company. Its holds 100% interest in its flagship Salave gold project with five mining concessions and associated extensions covering 662 hectares, and an investigation permit covering another 2,655 hectares located in Asturias, Spain.

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The company was formerly known as Black Dragon Gold Corp. and changed its name to EMC Gold Corporation in December 2025. EMC Gold Corporation was incorporated in 2007 and is headquartered in West Perth, Australia.

Stock analysis

Emc Gold Corporation (EM3) currently trades at A$0.0940, while our model-based Fair Value estimate is A$0.0128, 86.4% below the price, so the stock looks overvalued today.

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Valuation

How firm this estimate is: it rests on 1 models at a data quality of 92/100, which puts the data coverage at low.

Quality & growth

The Quality Score stands at 30/100 (below-average quality), in the Basic Materials sector.

Emc Gold Corporation reported revenue of C$0 in FY2024 versus C$0 in FY2021. Reported net income was −C$1.8M in FY2025.

Key figures

Market cap A$38.6M (≈ $27.2M) Micro · EPS (TTM) A$−0.0200 · Return on equity −365% · Return on assets (EBIT) −113% · Operating margin −11,014% · Revenue (TTM) A$5.5K · Revenue growth (YoY) +75.2% · Free cash flow −A$1.4M.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (low confidence).

What moves the price

The share trades about 66% below its 52-week high and 22% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Basic Materials peers we cover trades at 10% fair-value upside, at −86%, EM3 screens richer than that median.

Fair Value models

Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
NCAV (Graham) n/a A$0.0100 A$0.0100 50
All 1 models by family
Asset-Based
NCAV (Graham) n/a A$0.0100 A$0.0100 50

The fair value above starts from this blend and is adjusted for dilution from new shares.

Open the full fair value analysis →

Quality Score breakdown

Overall quality 30/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 0
How much profit the company makes from its sales and capital
Quality Growth 75
Are margins and returns getting better?
Cashflow 19
Do the profits arrive as real cash?
Financial strength 66
Debt, balance sheet and risk of trouble
Investment 24
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Momentum 6
Price trend of the last 3 to 12 months, does not count
Near the 52-week high 25
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

EM3 screens overvalued: fair value 86% below the price. Compare with Newmont Corporation →

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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Gold · 201 stocks

Beats the industry median on 1/5 measures
Overall it trails its industry peers.
Valuation
Quality Score 30 · Bottom 25%
Fair Value upside −86.4% · Bottom 25%
Profitability
Return on assets −36.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 75.2% · Above median

Valuation Multiplesvs Gold median · lower = cheaper

P/B 17.16× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 12
FUTURE (revenue growth)100 · sector 100
PAST (return on equity)0 · sector 38
HEALTH (low debt)0 · sector 98
DIVIDEND (yield)0 · sector 28

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Gold stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Kinross Gold Corporation KGC $22.98 $51.08 +122% vs EM3
Zijin Mining Group 601899 ¥27.85 ¥44.62 +60% vs EM3
Agnico Eagle Mines Limited AEM $183.11 $219.71 +20% vs EM3
Newmont Corporation NEM $112.64 $123.90 +10% vs EM3
Franco-Nevada Corporation FNV $231.60 $254.76 +10% vs EM3
Royal Gold, Inc RGLD $236.83 $260.51 +10% vs EM3
AngloGold Ashanti plc AU $87.25 $88.60 +2% vs EM3
Shandong Gold Mining Co 600547 ¥25.22 ¥23.61 −6% vs EM3
Northern Star Resources Limited NST A$25.42 A$19.85 −22% vs EM3
Wheaton Precious Metals Corp WPM $123.26 $88.26 −28% vs EM3

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Cite: Fair Value Calculator (2026). "Emc Gold Corporation Fair Value". https://www.fairvalue-calculator.com/stock/EM3

Frequently asked questions

Is Emc Gold Corporation (EM3) overvalued or undervalued?
As of Oct 30, 2026, our model estimates a fair value of A$0.0128 versus a price of A$0.0940, about −86% upside (overvalued).
What is the fair value of EM3?
Our model-based fair value for Emc Gold Corporation is A$0.0128 (as of Oct 30, 2026), built from audited fundamentals. The current price: A$0.0940.
What is the quality score of EM3?
Emc Gold Corporation has a Quality Score of 30/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Emc Gold Corporation (EM3)?
Our model-based price target is the fair value of A$0.0128 (as of Oct 30, 2026) from 1 valuation models. It is a calculation from audited fundamentals, not an analyst target.
What is the Emc Gold Corporation stock forecast for 2026?
Our models put fair value at A$0.0128, about −86% upside versus a price of A$0.0940 (overvalued). The calculation is refreshed regularly with new filings.
What is the revenue of Emc Gold Corporation (EM3)?
Emc Gold Corporation reported trailing-twelve-month revenue of about A$5.5K (latest available figure, as of Oct 30, 2026).
What is the intrinsic value of Emc Gold Corporation (EM3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Emc Gold Corporation it is A$0.0128 per share (as of Oct 30, 2026), against a price of A$0.0940. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Emc Gold Corporation stock overvalued or undervalued in 2026?
As of Oct 30, 2026, EM3 trades above its calculated fair value: price A$0.0940, fair value A$0.0128, a gap of about −86% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EM3?
No. The price is what the market pays today (A$0.0940); the fair value is what the company's own numbers justify (A$0.0128). For Emc Gold Corporation the two are A$0.0812 per share apart. That gap is exactly why we show both numbers side by side.
How much is Emc Gold Corporation worth?
The market values Emc Gold Corporation at about A$38.6M (market capitalisation, as of Oct 30, 2026). Per share that is A$0.0940; our models calculate a fair value of A$0.0128 per share.
How solid is the balance sheet of Emc Gold Corporation (EM3)?
Balance-sheet figures for Emc Gold Corporation (as of Oct 30, 2026): return on equity −364.6%. They feed the Quality Score of 30/100, which measures business quality independently of the share price.
How far is EM3 from its 52-week high?
Emc Gold Corporation trades at A$0.0940, about 66% below its 52-week high of A$0.2800 and 22% above the low of A$0.0770 (as of Oct 30, 2026). Distance from the high says nothing about value: that is what the fair value of A$0.0128 is for.
Which stocks are comparable to Emc Gold Corporation?
From the same area (Basic Materials) we also value Newmont Corporation, Zijin Mining Group, Agnico Eagle Mines Limited, Wheaton Precious Metals Corp, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Emc Gold Corporation stock attractive at the current price?
The data as of Oct 30, 2026: price A$0.0940, calculated fair value A$0.0128 (−86%), Quality Score 30/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EM3 calculated?
We run Emc Gold Corporation through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of A$0.0128, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.4 % above its aggregate fair value. Emc Gold Corporation itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Emc Gold Corporation (EM3)?
The closing price on Oct 30, 2026 was A$0.0940. Our model-based fair value is A$0.0128, about −86% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Emc Gold Corporation right now?
Weak quality (30/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of Emc Gold Corporation

How large is the market capitalisation of Emc Gold Corporation (EM3)?
The market capitalisation of Emc Gold Corporation is A$38.6M (≈ $27.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What are the earnings per share of Emc Gold Corporation (EM3)?
Earnings per share at Emc Gold Corporation are A$−0.0200. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Emc Gold Corporation (EM3)?
The return on equity (ROE) of Emc Gold Corporation is −365% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Emc Gold Corporation (EM3)?
On an EBIT basis the return on assets of Emc Gold Corporation is −113% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Emc Gold Corporation (EM3)?
The operating margin of Emc Gold Corporation is −11,014% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Emc Gold Corporation (EM3)?
Revenue at Emc Gold Corporation is growing +75.2% versus a year earlier. How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Emc Gold Corporation (EM3) generate?
The free cash flow of Emc Gold Corporation is −A$1.4M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Emc Gold Corporation (EM3) hold?
Emc Gold Corporation holds more cash than debt, A$4.8M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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