Evolution Metals & Technologies Corp.
EMATBasic MaterialsNASDAQOther Industrial Metals & Mining · Last scanned Oct 26, 2026
Part of the basic materials sector, Evolution Metals & Technologies Corp. (EMAT) is listed under Other Industrial Metals & Mining. At a $896.9M market cap, Evolution Metals & Technologies Corp. ranks as a small-cap company within basic materials. operates as a critical materials and technology company.
Market Cap
$896.9M
Beta
0.15
P/E (TTM)
—
P/E (Fwd)
28.60
EPS (TTM)
$-0.63
EPS (Fwd)
$0.05
ROE
—
ROA
-30.1%
Cash
$5.3M
Total Debt
$27.5M
Free CF
-$61.7M
52W Change
-92.5%
Annual Financials
Cash vs Debt
The company holds $5.3M in cash, though total debt stands at $27.5M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$61.7M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time.
The relatively low beta of 0.15 suggests EMAT is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing EMAT.