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EnviroMetal Technologies Inc (ETI) AI Stock Analysis
EnviroMetal Technologies Inc
(CNQX:ETI)
EnviroMetal Technologies scores near the bottom of the range, driven primarily by its critically distressed financial position: zero revenue since 2023, negative stockholders' equity, a near-total collapse in assets, and ongoing cash burn. The seemingly low P/E ratio is misleading as it is based on non-operational income rather than sustainable earnings, rendering the valuation unreliable. Technical indicators confirm a dormant, illiquid penny stock with no momentum or bullish signals. The company faces significant going-concern risk and should be considered highly speculative with substantial probability of further capital erosion.
EnviroMetal Technologies Inc (ETI) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 454.43K
- Dividend Yield
- ―
- Average Volume (3M)
- 14.17K
- Price to Earnings (P/E)
- 1.5
- Beta (1Y)
- -2.27
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Canada
- Employees
- 5
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
EnviroMetal Technologies Inc Business Overview & Revenue Model
Company Description
EnviroMetal Technologies Inc. engages in the precious metal extraction process with applications in the primary and secondary metals industries. The company develops and markets technologies for the extraction of precious and other metals from ores a...
How the Company Makes Money
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EnviroMetal Technologies Inc Financial Statement Overview
Summary
EnviroMetal Technologies is in severe financial distress. Revenue has been zero since 2023, stockholders' equity is deeply negative at -$1.3M, and total assets have collapsed to under $100K. While cash burn has narrowed significantly, this reflects operational wind-down rather than improvement. The income statement score of 5, balance sheet score of 3, and cash flow score of 8 all point to a company facing going-concern risk with no viable revenue-generating business currently in place. The TTM positive net income appears driven by non-operating items, not a genuine turnaround.
Income Statement
5Very NegativeBalance Sheet
3Very NegativeCash Flow
8Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 3.52M | 851.36K |
| Gross Profit | -52.20K | -192.63K | -716.76K | -102.00K | 3.10M | -945.00K |
| EBITDA | -129.03K | -233.25K | -869.49K | -260.00K | -3.39M | -6.49M |
| Net Income | 338.32K | -342.66K | -945.00K | -1.00M | -5.51M | -11.49M |
Balance Sheet | ||||||
| Total Assets | 98.79K | 116.36K | 444.85K | 1.14M | 2.95M | 8.23M |
| Cash, Cash Equivalents and Short-Term Investments | 12.24K | 21.92K | 14.78K | 201.28K | 429.04K | 784.79K |
| Total Debt | 50.00K | 50.00K | 82.92K | 173.62K | 410.78K | 491.50K |
| Total Liabilities | 1.05M | 1.42M | 1.45M | 1.20M | 2.45M | 6.11M |
| Stockholders Equity | -947.54K | -1.30M | -1.00M | -57.37K | 491.51K | 2.13M |
Cash Flow | ||||||
| Free Cash Flow | -117.77K | -185.05K | -218.33K | -1.20M | -3.69M | -4.13M |
| Operating Cash Flow | -117.77K | -185.05K | -218.33K | -1.20M | -3.27M | -3.65M |
| Investing Cash Flow | 55.34K | 225.87K | 106.65K | 1.24M | -381.38K | -422.69K |
| Financing Cash Flow | -323 | -33.67K | -74.82K | -271.82K | 3.36M | -589.35K |
EnviroMetal Technologies Inc Peers Comparison
Overall Rating
TSE:FWM48Neutral
TSE:ELEM43Neutral- TSE:ETI38Underperform
TSE:MOLT37Underperform
TSE:AMMP24Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:FWM | 48Neutral | CAD 1.29M | -1.58 | -152.09% | ― | ― | -28.89% |
| TSE:ELEM | 43Neutral | CAD 3.11M | -6.82 | -24.73% | ― | ― | 98.55% |
| TSE:ETI | 38Underperform | CAD 568.04K | 1.51 | -27.50% | ― | ― | ― |
| TSE:MOLT | 37Underperform | CAD 650.12K | -0.87 | -25.67% | ― | ― | 84.87% |
| TSE:AMMP | 24Underperform | CAD 5.16M | -1.37 | 115.99% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ETI | EnviroMetal Technologies Inc | 0.01 | 0.00 | 0.00% | |
| TSE:AMMP | Ammpower Corp | 0.03 | 0.00 | 0.00% | |
| TSE:FWM | Flow Metals Corp | 0.06 | -0.02 | -26.67% | |
| TSE:ELEM | Element79 Gold Corp. | 0.01 | -0.02 | -57.14% | |
| TSE:MOLT | Molten Metals Corp. | 0.05 | -0.33 | -86.84% |
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: Aug 04, 2026