Ecolomondo Secures Additional $2.7 Million Financing to Accelerate Hawkesbury Tire-Recycling Ramp-Up

Ecolomondo Corporation ( (TSE:ECM) ) has issued an announcement.

Ecolomondo Corporation has reached an agreement in principle with Export Development Canada for an additional $2.7 million in financing to support capital investments and working capital at its Hawkesbury TDP tire-recycling facility. The funding, combined with a temporary holiday on principal and interest for existing loans during the 2026 ramp-up period, is expected to strengthen the facility’s liquidity, support increased hiring, training and production, and help the plant move toward full operational ramp-up, reinforcing Ecolomondo’s positioning as a growing player in sustainable scrap tire recycling and the broader circular economy.

The most recent analyst rating on (TSE:ECM) stock is a Sell with a C$0.16 price target. To see the full list of analyst forecasts on Ecolomondo Corporation stock, see the TSE:ECM Stock Forecast page.

Spark’s Take on TSE:ECM Stock

According to Spark, TipRanks’ AI Analyst, TSE:ECM is a Neutral.

Ecolomondo Corporation’s overall stock score is primarily impacted by its financial performance, which is the most significant factor. The company’s financial health is weak, with high debt levels and negative profitability metrics. Technical analysis further supports a bearish outlook, with the stock trading below key moving averages. Valuation metrics are also unfavorable, reflecting the company’s ongoing financial difficulties. Without earnings call insights or notable corporate events, the score is heavily weighted by these existing challenges.

To see Spark’s full report on TSE:ECM stock, click here.

More about Ecolomondo Corporation

Ecolomondo Corporation is a Canadian cleantech company specializing in proprietary Thermal Decomposition Process (TDP) technology that recycles end-of-life tires into high-value reusable commodities such as recovered carbon black (rCB), oil, syngas, fibre and steel. Headquartered in Québec and listed on the TSX Venture Exchange and OTCQB, the company operates and develops turnkey TDP facilities, including its Hawkesbury plant, with a strategy to expand across North America and Europe as a producer and reseller of recovered resources for the circular economy.

Average Trading Volume: 13,890

Technical Sentiment Signal: Sell

Current Market Cap: C$43.09M

For detailed information about ECM stock, go to TipRanks’ Stock Analysis page.