Vmbook Online ordering

Basic Materials Wholesale

Empire Resources Inc (ERS) is a US-based mineral exploration and development company focused on the discovery, acquisition, and development of mineral resource properties. The company primarily explores for gold, silver, and base metal deposits.

Here is a summary of some key information about Empire Resources Inc:

Stock Ticker: ERS

Exchange: OTC Markets (Over-the-Counter)

Recent Financial Performance:

* For the fiscal year ended June 30, 2021, Empire Resources reported a net loss of $212,122, compared to a net loss of $329,512 for the same period in the previous year.

* The company's revenue for the fiscal year ended June 30, 2021 was $11,133, a decrease from $20,251 in the previous year.

* As of June 30, 2021, Empire Resources had total assets of $1,531,548 and total liabilities of $571,617.

Growth Prospects:

* Empire Resources is focused on the advancement of its flagship property, the Guadalupe y Calvo (GyC) project, located in the state of Chihuahua, Mexico. The GyC project is a gold-silver-copper deposit and the company is currently preparing a preliminary economic assessment (PEA) for the property.

* In addition to the GyC project, Empire Resources has a portfolio of mineral exploration properties in the United States and Mexico, providing the company with potential for future growth and discovery.

Other Considerations:

* Empire Resources is a small-cap stock with a low market capitalization, which can make it more volatile and risky than larger, more established companies.

* As with any investment, it is important to carefully consider the risks and potential rewards before investing in Empire Resources or any other company. It is recommended that investors conduct their own due diligence and seek the advice of a financial advisor.

    Short services basic-materials-wholesale ers index