EnviroGold Global Limited (NVRO) AI Stock Analysis

• Market Cap: C$22.79M
• Dividend Yield: N/A
• Average Volume (3M): 171.08K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: N/A
• EPS Growth: 47.42%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Mining
• EPS (TTM): -0.02
• Shares Outstanding: 239,940,160
• 10 Day Avg. Volume: 125,876
• 30 Day Avg. Volume: 171,082
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): 61.80
• P/FCF Ratio: 113.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

EnviroGold Global Limited's overall stock score is low due to severe financial difficulties, including zero revenue and high leverage. Despite positive technical indicators and a strategic alliance that may improve future prospects, the current financial instability significantly detracts from the stock's attractiveness.

EnviroGold Global Limited Business Overview & Revenue Model

Company Description

EnviroGold Global Limited (NVRO) is a company focused on sustainable mining and environmental solutions. The company operates in the mining sector, with a primary emphasis on extracting precious metals from mine tailings and other waste materials. EnviroGold Global aims to deliver environmentally friendly solutions by utilizing advanced technologies to recover valuable resources while minimizing ecological impact.

How the Company Makes Money

EnviroGold Global Limited generates revenue by recovering precious metals from mine tailings and other secondary sources, which are then sold in the market. The company's key revenue streams include the sale of gold, silver, and other valuable metals extracted through its proprietary processes. EnviroGold Global may also form partnerships with mining companies and governments interested in utilizing their technology to remediate and monetize waste materials. These collaborations can provide additional revenue through service fees or profit-sharing arrangements.

EnviroGold Global Limited Financial Statement Overview

Summary

EnviroGold Global Limited faces significant financial challenges, with zero revenue, negative profitability, high debt, and negative equity. These factors suggest a precarious financial position, requiring urgent strategic and operational improvements to ensure sustainability.

Income Statement

The company has consistently reported zero revenue across all periods, indicating a lack of operational activity. The TTM data shows a negative gross profit and significant negative EBITDA, reflecting ongoing operational losses and lack of profitability.

Balance Sheet

The balance sheet reveals high leverage with a negative stockholders' equity of -4,063,501 in the TTM period, indicating potential solvency issues. The debt-to-equity ratio cannot be calculated due to negative equity, highlighting financial instability.

Cash Flow

The cash flow statements show a marginal improvement in operating cash flow in the TTM period, yet free cash flow remains negative. The operating and free cash flow to net income ratios cannot be calculated due to negative net income, signaling cash flow challenges.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-8.88K	0.00	―	―	0.00	―
	EBIT
0.00	―	―	―	―	―
	EBITDA
-582.31K	―	―	―	―	―
	Net Income Common Stockholders
-779.95K	―	―	―	―	―
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
―	574.88K	―	―	―	―
	Total Assets
―	1.03M	―	―	―	―
	Total Debt
―	3.45M	―	―	0.00	17.40M
	Net Debt
―	2.88M	―	―	―	17.40M
	Total Liabilities
―	3.65M	―	―	―	19.37M
	Stockholders Equity
―	-2.62M	―	―	―	-19.37M
Cash Flow		Free Cash Flow
-149.69K	-3.21M	―	―	―	―
	Operating Cash Flow
71.46K	-3.21M	―	―	―	―
	Investing Cash Flow
-221.16K	-5.55K	―	―	―	0.00
	Financing Cash Flow
-11.11K	3.49M	―	―	―	―

EnviroGold Global Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVRO, the sentiment is Positive. The current price of 0.1 is below the 20-day moving average (MA) of 0.11, above the 50-day MA of 0.10, and above the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.56 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NVRO.

EnviroGold Global Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	46 Neutral	$2.64B	-3.89	-29.36%	3.33%	2.89%	-29.66%
GRG	46 Neutral	C$8.50M	―	-154.07%	―	―	17.51%
MMG	46 Neutral	C$34.89M	―	-62.60%	―	―	18.07%
NVRO	39 Underperform	C$22.79M	―	19.19%	―	―	47.42%
NXS	39 Underperform	C$480.72K	―	55.15%	―	―	85.28%

EnviroGold Global Limited Corporate Events

EnviroGold Global Forms Strategic Alliance with Fraser Alexander for Sustainable Mining Initiatives

EnviroGold Global Limited has announced a strategic alliance with Fraser Alexander, a leading tailings storage facility operator and contractor, to advance sustainable mining solutions. This collaboration aims to commercialize opportunities for recovering valuable metals from tailings storage facilities and will deploy EnviroGold’s proprietary technology alongside Fraser Alexander’s operational expertise. The alliance emphasizes sustainability, safety, and enhanced mining value chain solutions, benefiting both companies and their stakeholders.

EnviroGold Global Partners with Investor Cubed to Boost Canadian Investor Relations

EnviroGold Global Limited has engaged Investor Cubed, a Canadian investor relations firm, to enhance its investor relations and shareholder communications in Canada. This strategic partnership is expected to help EnviroGold expand its presence and reach within the Canadian investment community, potentially unlocking significant value from its technological advancements in processing tailings deposits.

EnviroGold Global Raises $4.1 Million, Appoints New Director

EnviroGold Global Limited has successfully closed a non-brokered private placement, raising $4.1 million in gross proceeds, which exceeded expectations. This financing reflects strong investor confidence in the company’s technology and its commercialization strategy, positioning EnviroGold to accelerate its efforts in securing revenue-generating commercial license contracts and entering joint ventures with strategic partners globally.

EnviroGold Global Upsizes Unit Offering to $4 Million Amid Investor Interest

EnviroGold Global Limited has announced an increase in its non-brokered private placement financing to raise up to CAD $4 million, prompted by heightened investor interest. This move is likely to bolster the company’s financial standing and enhance its ability to improve environmental outcomes in the mining industry by leveraging its proprietary technology.

EnviroGold Global’s CAD$2.5M Private Placement Plan

EnviroGold Global Limited is set to raise up to CAD$2.5 million through a private placement to fund its demonstration plant in Perth, Australia. This initiative aims to showcase its technology for monetizing metals from mine waste, attracting interest from mining companies. The financing will also support business development and operational costs.