Avrupa Minerals Ltd.

AI-generated fair value estimate for this company.

Method: Net asset value (cash-based): approximately $550K estimated net cash and equivalents following the $570K private placement completed in mid-2026 (net of estimated payables), with no value assigned to the Alvito/Arade (Portugal), Finland copper, or Kosovo exploration properties since no NI 43-101 resource has been defined and exploration costs are expensed as incurred; divided by approximately 87.47M shares outstanding (76,074,754 shares at FY2025 year-end per the 20-F, plus 11.4M shares issued in the 2026 placement).

Reasoning: AVPMF is a going-concern-qualified, nano-cap exploration company with zero revenue and no defined mineral resource on any project, so cash on hand is the only reliably quantifiable asset; a cost-based or DCF valuation would be speculative given no resource estimates or production timeline exist.