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EnviroMetal Technologies Inc (TSE:ETI)
:ETI
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EnviroMetal Technologies Inc (ETI) AI Stock Analysis

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EnviroMetal Technologies Inc

(OTC:ETI)

Rating:27Underperform
Price Target:
EnviroMetal Technologies Inc faces severe financial challenges with negative equity and poor cash flow, significantly impacting its stock performance. Technical indicators suggest bearish momentum, and an unattractive valuation further weighs on the stock's appeal. Overall, the company presents a high-risk profile requiring urgent financial restructuring.

EnviroMetal Technologies Inc (ETI) vs. iShares MSCI Canada ETF (EWC)

EnviroMetal Technologies Inc Business Overview & Revenue Model

Company DescriptionEnviroMetal Technologies Inc (ETI) is a company operating in the environmental and technology sectors, specializing in the development and commercialization of environmentally friendly metal recovery technologies. ETI focuses on creating innovative solutions for the recovery of precious metals from electronic waste and other industrial materials, utilizing proprietary, sustainable processes to reduce environmental impact.
How the Company Makes MoneyEnviroMetal Technologies Inc generates revenue primarily through the commercialization and licensing of its proprietary metal recovery technologies. The company offers its technologies to businesses in the electronics recycling and mining industries, enabling them to recover precious metals more efficiently and with less environmental harm. ETI may also derive income from partnerships or joint ventures with firms seeking to implement sustainable metal recovery solutions. Additionally, the company may engage in direct recovery operations, gaining revenue from the sale of recovered metals. However, specific financial data, partnerships, and revenue breakdowns are not publicly available.

EnviroMetal Technologies Inc Financial Statement Overview

Summary
EnviroMetal Technologies Inc is experiencing substantial financial difficulties across all major financial statements. The income statement reveals weak revenue and profitability, the balance sheet indicates high leverage and negative equity, and cash flow statements show ongoing cash generation challenges. The overall financial health of the company suggests a high-risk profile, with urgent need for strategic improvements to stabilize operations and finances.
Income Statement
20
Very Negative
EnviroMetal Technologies Inc has faced significant challenges with revenue and profitability. The TTM data shows a total revenue of only 660, with negative gross profit and net income, indicating severe profitability issues. Historical data reveals a volatile revenue trajectory with steep declines, particularly after 2022. The negative EBIT and EBITDA margins further emphasize ongoing operational inefficiencies.
Balance Sheet
15
Very Negative
The company's balance sheet is under considerable pressure, with negative stockholders' equity of -956,556 in the TTM, suggesting insolvency risks. The debt-to-equity ratio is unfavorable due to negative equity. Total liabilities significantly exceed total assets, highlighting leverage concerns and potential liquidity issues. The equity ratio is also negative, reflecting a precarious financial position.
Cash Flow
25
Negative
EnviroMetal Technologies Inc's cash flow statements reveal a challenging scenario with negative operating and free cash flows. The TTM free cash flow of -282,163 indicates difficulty in generating cash from operations. The operating cash flow to net income ratio is negative, suggesting that operational inefficiencies severely impact cash generation. Despite some cash inflow from investing activities, the overall cash flow situation remains strained.
BreakdownDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income Statement
Total Revenue0.003.52M851.36K816.78K370.75K
Gross Profit-102.00K3.10M-945.00K-519.00K29.85K
EBITDA-260.00K-3.39M-6.49M-4.82M-9.00M
Net Income-1.00M-5.51M-11.49M-6.12M-9.99M
Balance Sheet
Total Assets1.14M2.95M8.23M16.57M13.63M
Cash, Cash Equivalents and Short-Term Investments201.28K429.04K784.79K5.51M688.85K
Total Debt173.62K410.78K491.50K880.97K1.56M
Total Liabilities1.20M2.45M6.11M2.13M2.24M
Stockholders Equity-57.37K491.51K2.13M13.31M10.19M
Cash Flow
Free Cash Flow-1.20M-3.69M-4.13M-2.48M-8.29M
Operating Cash Flow-1.20M-3.27M-3.65M-2.05M-6.30M
Investing Cash Flow1.24M-381.38K-422.69K-299.69K-1.98M
Financing Cash Flow-271.82K3.36M-589.35K7.18M5.06M

EnviroMetal Technologies Inc Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.01
Price Trends
50DMA
0.01
Negative
100DMA
0.01
Negative
200DMA
0.01
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
49.44
Neutral
STOCH
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ETI, the sentiment is Neutral. The current price of 0.01 is above the 20-day moving average (MA) of <0.01, below the 50-day MA of 0.01, and below the 200-day MA of 0.01, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.44 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:ETI.

EnviroMetal Technologies Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSMND
74
Outperform
C$426.93M5.3425.03%41.30%340.97%
TSWDO
72
Outperform
C$2.57B13.6034.73%80.44%3757.72%
TSNGD
70
Outperform
$4.68B25.6014.62%23.61%
44
Neutral
C$961.63M-6.69-13.73%2.61%17.55%-32.57%
TSMSV
39
Underperform
C$17.39M6.456.17%49.01%
27
Underperform
$209.01M-18.70%0.84%
TSETI
27
Underperform
C$1.14M1750.43%98.06%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:ETI
EnviroMetal Technologies Inc
0.01
-0.01
-50.00%
TSE:GOLD
GoldMining
1.05
-0.18
-14.63%
TSE:NGD
New Gold
5.91
2.89
95.70%
TSE:MND
Mandalay Resources
4.51
1.95
76.17%
TSE:WDO
Wesdome Gold Mines
17.00
4.03
31.07%
TSE:MSV
Minco Silver
0.28
0.10
55.56%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jan 30, 2025