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EnviroGold Global
(NVRO)
EnviroGold Global (NVRO) vs. iShares MSCI Canada ETF (EWC)
EnviroGold Global Business Overview & Revenue Model
EnviroGold Global Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 156.32K | 97.98K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -41.52K | -159.59K | 0.00 | ― | ― | 0.00 |
| EBITDA | -4.86M | -2.09M | -3.85M | ― | ― | ― |
| Net Income | -5.91M | -3.10M | ― | ― | ― | ― |
Balance Sheet | ||||||
| Total Assets | 1.47M | 1.43M | 1.03M | ― | ― | ― |
| Cash, Cash Equivalents and Short-Term Investments | 325.04K | 49.14K | 574.88K | ― | ― | ― |
| Total Debt | 3.36M | 4.01M | 3.45M | ― | ― | 0.00 |
| Total Liabilities | 4.87M | 5.44M | 3.65M | ― | ― | ― |
| Stockholders Equity | -3.40M | -4.01M | -2.62M | ― | ― | ― |
Cash Flow | ||||||
| Free Cash Flow | -3.60M | -1.83M | -3.21M | -4.45M | -3.27M | ― |
| Operating Cash Flow | -3.43M | -1.51M | -3.21M | -4.38M | ― | ― |
| Investing Cash Flow | -101.51K | -324.16K | -5.55K | -76.40K | 220.28K | ― |
| Financing Cash Flow | 3.82M | 1.28M | 3.49M | 3.84M | 3.94M | ― |
EnviroGold Global Technical Analysis
EnviroGold Global Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$79.47M | -14.39 | -27.31% | ― | ― | -3.73% | |
56 Neutral | C$110.57M | -68.06 | ― | ― | ― | -85.26% | |
53 Neutral | C$101.71M | -3.32 | -369.28% | ― | ― | 34.55% | |
52 Neutral | C$78.03M | -11.26 | -57.23% | ― | ― | ― | |
44 Neutral | C$62.72M | -4.76 | ― | ― | ― | -16.67% |
EnviroGold Global Corporate Events
EnviroGold Global plans to host a live investor webinar on January 27, 2026, to present its strategy for capitalizing on the growing opportunity to recover precious and critical metals from above-ground tailings and mine waste using its proprietary NVRO Process. Management will outline the company’s path to revenue, technology buildout, partnerships, and 2026 milestones, positioning EnviroGold as a capital-light, licensing-led player aligned with rising metal demand, tightening mine development constraints, and government critical minerals policies, particularly in the U.S. and allied markets.
The most recent analyst rating on (TSE:NVRO) stock is a Hold with a C$0.14 price target. To see the full list of analyst forecasts on EnviroGold Global stock, see the TSE:NVRO Stock Forecast page.
EnviroGold Global reported that 2025 was a pivotal execution year in which it advanced its NVRO Process from optimization to engineering readiness, established an industrial-scale demonstration plant in Perth, and launched a Rapid Deployment Pathway designed to shorten feasibility timelines and reduce risk for mining customers. The company strengthened the economics and scalability of its proprietary process through an optimization program, secured engineering and technology partners such as ANDRITZ and Hatch, expanded strategic alliances and capital markets support, and significantly reduced legacy debt, collectively positioning EnviroGold for commercial licensing, recurring revenue growth, and a lower-risk, more institutionally attractive balance sheet heading into 2026.
The most recent analyst rating on (TSE:NVRO) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on EnviroGold Global stock, see the TSE:NVRO Stock Forecast page.
EnviroGold Global has appointed veteran mining and capital markets executive Jackie Przybylowski to its board of directors, effective 5 January 2026, as it moves from technology validation to commercial-scale deployment of its NVRO Process™. With more than two decades of experience spanning metallurgical engineering, equity research, institutional investment and governance, Przybylowski is expected to bolster the company’s board at a pivotal moment, enhancing its institutional credibility and governance as it seeks to scale globally, secure commercial partnerships and build recurring, high-margin revenue in response to growing demand for sustainable tailings-to-metals solutions and supportive critical-minerals policies in major jurisdictions.
The most recent analyst rating on (TSE:NVRO) stock is a Hold with a C$0.12 price target. To see the full list of analyst forecasts on EnviroGold Global stock, see the TSE:NVRO Stock Forecast page.
EnviroGold Global has announced strategic enhancements to its Board and executive leadership to accelerate the commercialization of its NVRO Process™ and scale operations. These changes are driven by increasing global demand for sustainable metal recovery solutions and align with critical-minerals policies in the U.S., Australia, and the EU. David Cam, the largest individual shareholder, has been appointed Executive Chairman to lead global growth strategies, while Grant Freeman has been named CEO to oversee operations and commercial deployments. Paul McRae assumes the role of Lead Independent Director to strengthen governance and support the company’s growth. These leadership changes aim to position EnviroGold as a high-growth, revenue-generating clean-technology enterprise, ready to capture a multi-billion-dollar market opportunity.
EnviroGold Global has announced significant advancements in its operations, including the completion of its 2025 Optimization Program and the launch of a mobile pilot plant for the NVRO Process. The company has appointed PPM Global to construct and commission these plants, enhancing its operational readiness and accelerating the commercial deployment of its technology. The μNVRO plant, a mobile, precision-engineered pilot-scale version of the NVRO Process, is designed for site-specific validation and will support feasibility studies and engineering design. EnviroGold’s strategic expansion includes establishing a new testing hub in the United States to meet growing demand, which is expected to accelerate customer engagement and expand the company’s commercial pipeline.
EnviroGold Global has announced the successful validation of its NVRO Process™ by ANDRITZ, confirming its commercial readiness and global scalability. The independent case study by ANDRITZ highlights significant improvements in metal recovery, concentrate grade, and operational efficiency, supporting EnviroGold’s commercialization strategy and global project pipeline. This validation strengthens EnviroGold’s position in the industry, enabling rapid deployment across various global projects and aligning with circular-economy initiatives in the U.S., Australia, and Europe.
EnviroGold Global Limited has announced outstanding results from Phase 3 of its metallurgical test work for major tailings reprocessing projects, achieving significant recoveries of gold and silver using its NVRO Process™. The results, validated by ALS Laboratories, show a substantial increase in metal concentration and confirm the project’s potential for commercial-scale implementation, offering multiple revenue streams and environmental benefits. The project, with tailings facilities containing over 9 million tonnes of material valued at over US $3 billion, represents a large-scale economic and strategic opportunity for the company. The next phase will focus on validating mass balance, recovery performance, project economics, and environmental outcomes.
EnviroGold Global Limited has successfully retired over $10.2 million in debt, eliminating all outstanding convertible and promissory liabilities, which strengthens its balance sheet as it moves towards the commercialization of its NVRO Process™. This financial restructuring positions EnviroGold to focus on executing its commercialization strategy, aligning management incentives with shareholder value creation, and preserving cash resources for future growth.
EnviroGold Global has strengthened its leadership team with the appointment of Arthur Gooch as Chief Technology Officer and Mike Nelson as Project Manager, as the company advances the commercialization of its NVRO Process™. Gooch, with over 20 years of experience in industrial automation and AI, will focus on building the technological backbone for EnviroGold’s deployment phase, while Nelson, with extensive experience in mining project management, will lead technical execution and project delivery. These appointments are expected to accelerate the NVRO Process™ from pilot to commercial scale, enhancing EnviroGold’s industry positioning by transforming legacy waste into strategic resources.
EnviroGold Global Limited has successfully closed an oversubscribed $7.5 million non-brokered private placement, surpassing its original $5 million target due to strong investor demand. The inclusion of Pala Investments, a prominent global investment firm, marks a significant milestone, validating EnviroGold’s vision and strengthening its shareholder base. The funds will be used to advance technology development, engineering programs, and commercial roadmap, as well as to enhance financial flexibility and support operational growth.