Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

EnviroMetal Technologies Inc. (C:ETI)

Business Focus: Mining Support Services & Equipment (NEC)

Sector:  Basic Materials Industry:  Mining Support Services & Equipment
 
Company Contact
Address: 208-6741 Cariboo Road
BURNABY BC V3N 4A3
Tel: N/A
Website: https://envirometal.com
IR: See website
Key People
Wayne R. Moorhouse
President, Chief Executive Officer, Interim Chief Financial Officer, Company Secretary
Ishwinder Singh Grewal
Executive Vice President
 
Business Overview
EnviroMetal Technologies Inc. is a Canada-based company, which is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.
Financial Overview
For the nine months ended 30 September 2023, EnviroMetal Technologies Inc revenues decreased from C$3.7M to C$0K. Net loss applicable to common stockholders excluding extraordinary items decreased 53% to C$1.6M. Revenues reflect Sale of precious and other metals decrease from C$3.6M to C$0K, Consulting revenue decrease from C$117K to C$0K. Lower net loss reflects Management and employee costs decrease of 53% to C$548K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $2.82M as of Sep 30, 2023
Annual revenue (TTM): $-0.17M as of Sep 30, 2023
EBITDA (TTM): -$1.42M as of Sep 30, 2023
Net annual income (TTM): -$2.01M as of Sep 30, 2023
Free cash flow (TTM): -$1.17M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 113,607,280 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization