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Earthworks Industries (EWK) AI Stock Analysis
Earthworks Industries
(TSXV:EWK)
The score is driven primarily by very weak financial performance (no revenue, persistent operating losses, negative free cash flow, and negative equity with meaningful debt), which signals elevated solvency risk. Technical indicators also reflect a bearish trend and negative momentum. Valuation appears low on P/E, but it is not enough to offset the operational and balance-sheet weakness.
Earthworks Industries (EWK) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 2.89M
- Dividend Yield
- ―
- Average Volume (3M)
- 62.20K
- Price to Earnings (P/E)
- 0.9
- Beta (1Y)
- 2.60
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- Canada
- Employees
- 250
- Sector
- General
- Sector Strength
- 55
- Industry
- Waste Management
Earthworks Industries Business Overview & Revenue Model
Company Description
Earthworks Industries Inc. is an emerging enterprise specializing in offering waste management and disposal services to both governmental and commercial clients across North America. The company is actively involved in developing and operating a comp...
Earthworks Industries Financial Statement Overview
Summary
Financials appear highly stressed: zero revenue across periods, consistently negative operating results and cash flow, and a balance sheet that has moved to negative equity with substantial debt. While cash outflow improved in the TTM versus the latest annual figure, the company still shows ongoing cash burn and elevated solvency/refinancing risk.
Income Statement
8Very NegativeBalance Sheet
12Very NegativeCash Flow
14Very Negative| Breakdown | TTM | May 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -1,318 | -1,054 | -778 | 0 | -877 | -677 |
| EBITDA | -1.46M | -1.18M | -14.10M | -819.12K | -1.38M | -607.00K |
| Net Income | -3.15M | -2.85M | -15.12M | 2.27M | -1.84M | -1.05M |
Balance Sheet | ||||||
| Total Assets | 162.95K | 162.95K | 26.28K | 13.09M | 12.11M | 11.23M |
| Cash, Cash Equivalents and Short-Term Investments | 53.99K | 53.99K | 16.54K | 908.87K | 209.21K | 288.09K |
| Total Debt | 7.12M | 7.12M | 1.49M | 3.96M | 899.12K | 853.41K |
| Total Liabilities | 8.86M | 8.86M | 6.87M | 5.48M | 9.72M | 9.12M |
| Stockholders Equity | -8.70M | -8.70M | -6.84M | 7.61M | 2.38M | 2.11M |
Cash Flow | ||||||
| Free Cash Flow | -1.17M | -1.17M | -1.32M | -1.32M | -801.21K | -675.86K |
| Operating Cash Flow | -1.17M | -1.17M | -1.32M | -1.26M | -376.69K | -553.32K |
| Investing Cash Flow | 0 | 0 | -39.21K | -63.78K | -424.52K | -122.54K |
| Financing Cash Flow | 1.21M | 1.21M | 462.14K | 2.02M | 722.33K | 895.05K |
Earthworks Industries Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EWK, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 33.15 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:EWK.
Earthworks Industries Peers Comparison
Overall Rating
TSE:BLM54Neutral- TSE:EWK41Neutral
TSE:BAC39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:BLM | 54Neutral | CAD 44.63M | -8.58 | -14.00% | ― | 39.33% | -660.48% |
| TSE:EWK | 41Neutral | CAD 2.89M | 0.94 | -47.03% | ― | ― | ― |
| TSE:BAC | 39Underperform | CAD 9.51M | -20.00 | 23.13% | ― | ― | 44.44% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:EWK | Earthworks Industries Inc. | 0.02 | -0.01 | -33.33% | |
| TSE:BAC | BacTech Environmental | 0.04 | 0.00 | 0.00% | |
| TSE:BLM | BluMetric Environmental | 0.81 | -0.73 | -47.40% | |
| TSE:VTX | Vertex Resource Group Ltd. | 0.22 | -0.02 | -8.33% |
Earthworks Industries Corporate Events
Earthworks Industries Switches to Semi-Annual Reporting and Grants Advisor Stock Options
NeutralEarthworks Industries Inc. has opted to shift from quarterly to semi-annual financial reporting under a Canadian Securities Administrators pilot program for eligible TSX Venture issuers. The move, which relies on a blanket order exemption, is intende...
Earthworks adds veteran financier to advisory board as it advances critical minerals recovery push
PositiveEarthworks Industries has appointed veteran merchant banker and natural resources executive Gary MacDonald to its Advisory Board, adding more than four decades of global experience in capital markets, project development and clean technology to its l...
Earthworks Advances Copper Feedstock Sourcing and Recycling Commercialization
PositiveEarthworks Industries has identified about 550 metric tonnes of prospective copper-bearing feedstock from two potential sources as part of its planned copper recycling operations. The company is conducting detailed due diligence on the material, incl...
Earthworks Seeks One-Year Extension on 2.3 Million Share Purchase Warrants
PositiveEarthworks Industries Inc., a critical mineral recycling and recovery specialist, is advancing modular systems aimed at strengthening Western supply chains for strategic metals and expanding domestic critical minerals production capacity.The company...
Earthworks Builds Critical Minerals Feedstock Network for Copper and Rare Earth Recovery
PositiveEarthworks Industries Inc., a critical minerals recycling and recovery specialist, is building modular processing systems to recover copper and rare earths from end-of-life products, industrial materials and legacy mining waste. The company targets C...
Earthworks Maps Modular Strategy for Copper and Rare Earth Recycling
PositiveEarthworks Industries has set out an initial development strategy for its newly acquired Critical Minerals Recycling and Recovery System, prioritizing copper and rare earth permanent magnets as its first recovery verticals. The company plans to evalu...
Earthworks Grants Stock Options as It Builds Critical Minerals Recovery Platform
PositiveEarthworks Industries has granted 3 million stock options to directors, advisors, employees, consultants and service providers, exercisable at $0.05 per share for five years and vesting immediately. The move uses equity-based compensation to align co...
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: Oct 31, 2026