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Enwave Corp ( (TSE:ENW) ) just unveiled an update.
EnWave has signed a royalty-bearing commercial license with the Bowen Gumlu Grower’s Association in North Queensland, Australia, enabling the horticultural industry body to use EnWave’s REV™ dehydration technology to produce value‑added tropical fruit snacks and ingredients. As part of the deal, BGGA has acquired a 10kW REV™ machine via EnWave’s Australian reseller Scitek, with commissioning expected before April 2026, and EnWave’s technical and food science teams will support product development and process optimization, positioning the company for potential additional equipment sales as BGGA’s large grower membership scales commercialization of REV™‑dried products for domestic and export markets.
The most recent analyst rating on (TSE:ENW) stock is a Hold with a C$0.33 price target. To see the full list of analyst forecasts on Enwave Corp stock, see the TSE:ENW Stock Forecast page.
Spark’s Take on TSE:ENW Stock
According to Spark, TipRanks’ AI Analyst, TSE:ENW is a Neutral.
The score is mainly weighed down by weak financial performance: ongoing losses, negative ROE, and negative operating/free cash flow despite strong revenue growth. Technicals are roughly neutral and provide only modest support, while valuation is challenged by a negative P/E tied to unprofitable operations.
To see Spark’s full report on TSE:ENW stock, click here.
More about Enwave Corp
EnWave Corporation is a Canadian technology company specializing in vacuum microwave dehydration from its headquarters in Delta, British Columbia. Through its proprietary Radiant Energy Vacuum (REV™) technology and extensive intellectual property portfolio, EnWave provides scalable drying solutions for the food, pharmaceutical and cannabis industries, offering faster, more efficient drying with improved product quality compared with traditional methods. The company operates a licensing model, partnering with more than 50 companies across 24 countries to supply patented machinery and technical support for developing innovative snacks and ingredients.
Average Trading Volume: 56,502
Technical Sentiment Signal: Sell
Current Market Cap: C$39.77M
See more insights into ENW stock on TipRanks’ Stock Analysis page.