The Discounted Cash Flow (DCF) valuation of Eastern Platinum Ltd (ELR.TO) is (0.21) CAD. With the latest stock price at 0.23 CAD, the upside of Eastern Platinum Ltd based on DCF is -190.2%.

Is ELR.TO a buy or a sell?

Based on the latest price of 0.23 CAD and our DCF valuation, Eastern Platinum Ltd (ELR.TO) is a sell. Selling ELR.TO stocks now will result in a potential gain of 190.2%.

Note: valuation result may not be accurate due to the company's negative earnings.

	Range	Selected
WACC / Discount Rate	6.7% - 9.5%	8.1%
Long-term Growth Rate	3.0% - 5.0%	4.0%
Fair Price	(0.43) - (0.16)	(0.21)
Upside	-283.7% - -166.5%	-190.2%

0.23 CAD

Stock Price

(0.21) CAD

Fair Price

REVENUE & EXPENSES

CAPEX

D&A

WORKING CAPITAL

TERMINAL VALUE

ELR.TO DCF Valuation: Revenue & Expenses Forecast

(USD in millions)		Projections

	12-2024	12-2025	12-2026	12-2027	12-2028	12-2029

Revenue	63	59	67	74	85	95
% Growth	42%	-6%	13%	11%	14%	12%

Cost of goods sold	(62)	(55)	(60)	(63)	(68)	(73)
% of Revenue	99%	94%	89%	85%	80%	76%

Selling, G&A expenses	(11)	(10)	(12)	(13)	(15)	(17)
% of Revenue	17%	17%	17%	17%	17%	17%

Research & Development	0	0	0	0	0	0
% of Revenue	0%	0%	0%	0%	0%	0%

Net interest & other expenses	(3)	(3)	(3)	(3)	(4)	(4)
% of Revenue	4%	4%	4%	4%	4%	4%

Tax expense	(0)	0	0	0	0	(0)
Tax rate	1%	2%	2%	2%	2%	2%

Net profit	(13)	(9)	(7)	(5)	(2)	2
% Margin	-20%	-15%	-10%	-6%	-2%	2%