East Africa Metals Inc. Stock Analysis EAM.V

East Africa Metals, Inc. is a mineral exploration company, which engages in the identification, acquisition, exploration, development, and sale of base and precious mineral resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2013-03-31. The firm is focused on the identification, acquisition, exploration, development and/or sale of base and precious metal resource properties in the Federal Democratic Republic of Ethiopia (Ethiopia) and the United Republic of Tanzania (Tanzania). Its principal assets include a 30% net profits interest in the Mato Bula and Da Tambuk mines (collectively Adyabo Property) and a 70% project interest in the Harvest polymetallic VMS Exploration Project in the Tigray Region of Ethiopia. The Adyabo Property is located approximately 600 kilometers north of Ethiopia's capital city of Addis Ababa and is comprises of two exploration licenses, West Shire and Adi Dairo, covering approximately 195 square kilometers. The Harvest Property is located 600 kilometers north of Ethiopia's capital city of Addis Ababa. In addition, the Company has a 30% net streaming interest in the Magambazi Mine in the Tanga Region of Tanzania.