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 |