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Dundee Sustainable Technologies Inc. (DNDDF) Stock Analysis

Educational signal · not a buy or sell recommendation · How to read this

DELISTED

What happened to Dundee Sustainable Technologies Inc. (DNDDF) stock?

Dundee Sustainable Technologies Inc. (DNDDF) no longer trades on public markets. The figures below are historical and are not a current quote.

P/E Ratio: 0.75| Vol: 20.0K| 52-wk range: $0.04 – $0.103

P/E 0.75 means the share price is 0.75 times one year of earnings per share; the S&P 500 usually sits near 20-25. Beta 0.54: the stock has moved about 46% less than the S&P 500.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Dundee Sustainable Technologies Inc. (DNDDF). Dundee Sustainable Technologies Inc. focuses on developing and commercializing technologies for treating refractory materials in the mining industry. Sector: Industrials.

Last analyzed: Mar 16, 2026
Dundee Sustainable Technologies Inc. focuses on developing and commercializing technologies for treating refractory materials in the mining industry. Their CLEVR and GlassLock processes aim to extract precious metals and stabilize contaminants from ores and tailings.

Analyst Coverage for DNDDF: DNDDF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates DNDDF against Industrials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.

Watch the DNDDF film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 46/100 · C

DNDDF: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated)Ray Dalio
Favorable read
Englander-style lens (simulated)Izzy Englander
Favorable read
Klarman-style lens (simulated)Seth Klarman
Unfavorable read
Moon AI lens (model)
Unfavorable read
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Negative
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Dundee Sustainable Technologies Inc. (DNDDF) Industrial Operations Profile

CEOJean-Philippe Mai
Employees8
HeadquartersThetford Mines, CA
IPO Year2015

Dundee Sustainable Technologies Inc. provides innovative solutions for the mining industry, specializing in the extraction of precious metals and the stabilization of contaminants. Their CLEVR and GlassLock processes offer environmentally responsible alternatives for treating refractory materials, positioning them within the pollution and treatment controls sector.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for DNDDF?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Dundee Sustainable Technologies Inc. presents a compelling, albeit high-risk, investment thesis centered on its proprietary CLEVR and GlassLock technologies. These processes address the growing need for environmentally sustainable and efficient metal extraction methods, particularly for refractory materials. While the company's negative P/E ratio of -0.99 and a significant negative profit margin of -414.0% reflect current financial challenges, the potential for revenue growth lies in the increasing adoption of its technologies by mining companies seeking to comply with stricter environmental regulations. Key value drivers include the successful commercialization of CLEVR and GlassLock, securing strategic partnerships, and expanding into new geographic markets. However, investors should carefully consider the risks associated with OTC-listed companies and the company's current financial performance.

Based on FMP financials and quantitative analysis

DNDDF Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Market capitalization of $0.01 billion indicates a micro-cap company with high growth potential but also significant risk.

  • Gross margin of 32.9% suggests the company can generate profit from its products and services before considering operating expenses.
  • Negative P/E ratio of -0.99 reflects the company's current lack of profitability.
  • Profit Margin of -414.0% indicates substantial losses relative to revenue, requiring close monitoring of cost management and revenue generation.
  • Beta of 0.54 suggests the stock is less volatile than the overall market.

Who Are DNDDF's Competitors?

DNDDF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
CLGPF Clean Seed Capital Group Ltd. $0.05 0.00% $6.30M
HYEG Hydrogen Engine Center, Inc. $0.05 -23.98% $5.71M
VLTO Veralto Corporation $94.08 +0.67% $22.9B 795-pillar
ZWS Zurn Elkay Water Solutions Corporation $45.52 -2.38% $7.55B 805-pillar
FSS Federal Signal Corporation $115.01 +1.37% $7.02B 825-pillar
CECO CECO Environmental Corp. $75.39 -3.72% $4.40B 375-pillar
ATMU Atmus Filtration Technologies Inc. $45.41 -2.18% $3.71B 735-pillar
PCT PureCycle Technologies, Inc. $6.14 +5.24% $1.23B

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are DNDDF's Key Strengths?

Proprietary CLEVR and GlassLock technologies.

  • Focus on sustainable and environmentally responsible solutions.
  • Expertise in treating refractory materials.
  • Potential for strong intellectual property protection.

What Are DNDDF's Weaknesses?

Negative profitability and high operating losses.

  • Limited market capitalization and liquidity.
  • Reliance on a single industry (mining).
  • OTC listing presents increased risk.

What Could Drive DNDDF Stock Higher?

Increasing adoption of CLEVR and GlassLock technologies by mining companies.

  • Potential partnerships with major mining companies.
  • Positive results from pilot projects demonstrating the effectiveness of the technologies.
  • Growing demand for sustainable mining solutions driven by environmental regulations.

What Are the Key Risks for DNDDF?

Negative return on equity (-8.8%) — the business is not currently generating profit on shareholder capital.

  • Competition from established players in the mining technology sector.
  • Changes in environmental regulations could impact the demand for the company's technologies.
  • Negative profitability and high operating losses.
  • Limited market capitalization and liquidity.
  • Technological obsolescence.

What Are the Growth Opportunities for DNDDF?

  • Expansion into International Markets: Dundee Sustainable Technologies has the opportunity to expand its operations into international markets, particularly in regions with significant mining activities and stringent environmental regulations. This expansion could involve establishing partnerships with local mining companies or setting up regional offices to provide technical support and promote the adoption of CLEVR and GlassLock technologies.
  • Strategic Partnerships with Mining Companies: Forming strategic partnerships with major mining companies can provide Dundee Sustainable Technologies with access to a broader customer base and increased revenue streams. These partnerships could involve licensing agreements, joint ventures, or collaborative projects focused on implementing CLEVR and GlassLock technologies at mining sites. Such collaborations would also enhance the company's credibility and reputation within the industry, attracting further investment and business opportunities.
  • Development of New Applications for CLEVR and GlassLock: Dundee Sustainable Technologies can invest in research and development to explore new applications for its CLEVR and GlassLock technologies beyond the extraction of precious metals and stabilization of contaminants. This could involve adapting the technologies for use in other industries, such as wastewater treatment or industrial waste management. By diversifying its applications, the company can reduce its reliance on the mining sector and tap into new markets with significant growth potential.
  • Increased Focus on Environmental, Social, and Governance (ESG) Factors: As ESG considerations become increasingly important for investors and mining companies, Dundee Sustainable Technologies can capitalize on this trend by highlighting the environmental benefits of its technologies. This includes reducing greenhouse gas emissions, minimizing water usage, and preventing soil contamination. By promoting its ESG credentials, the company can attract socially responsible investors and gain a competitive advantage in the market.
  • Leveraging Government Incentives and Funding: Governments around the world are offering incentives and funding programs to support the development and adoption of sustainable technologies in the mining industry. Dundee Sustainable Technologies can actively pursue these opportunities to secure grants, tax credits, and other forms of financial assistance. This funding can be used to support research and development, pilot projects, and commercialization efforts, accelerating the growth of the company.

What Are DNDDF's Competitive Advantages?

  • Proprietary CLEVR and GlassLock technologies offer unique solutions for treating refractory materials.
  • Strong focus on environmental sustainability provides a competitive advantage in a market increasingly driven by ESG considerations.
  • Technical expertise and experience in the mining industry.
  • Potential for strong intellectual property protection through patents and trade secrets.

What Does DNDDF Do?

Dundee Sustainable Technologies Inc., established in 1997 and formerly known as Nichromet Extraction Inc., is dedicated to the development and commercialization of advanced technologies for the mining industry. Headquartered in Montreal, Canada, the company focuses on treating refractory materials, which are difficult to process using conventional methods. Their core technologies include the CLEVR process, designed to extract precious metals like gold and silver while removing contaminants such as arsenic, antimony, and cadmium. Additionally, they offer the GlassLock process, which stabilizes arsenic, forms scorodite, and produces an insoluble glass residue that meets stringent environmental requirements. Dundee Sustainable Technologies serves clients internationally, providing technical services to evaluate processing alternatives and optimize metal extraction from ores, concentrates, and tailings. As a subsidiary of Dundee Corporation, the company leverages its parent's resources and expertise to further its technological advancements and market reach within the mining sector.

What Products and Services Does DNDDF Offer?

  • Develops technologies for treating refractory materials in the mining industry.
  • Commercializes the CLEVR process for extracting precious metals.
  • Removes and stabilizes contaminants like arsenic, antimony, and cadmium.
  • Commercializes the GlassLock process for arsenic stabilization.
  • Extracts precious and base metals from ores, concentrates, and tailings.
  • Provides technical services to mining customers for evaluating processing alternatives.

How Does DNDDF Make Money?

  • Generates revenue through the licensing of its CLEVR and GlassLock technologies.
  • Provides technical services and consulting to mining companies.
  • Potentially earns revenue from joint ventures or partnerships with mining companies for technology implementation.
  • May receive government grants and incentives for the development and deployment of sustainable technologies.

What Industry Does DNDDF Operate In?

Dundee Sustainable Technologies operates within the industrial pollution and treatment controls sector, a segment driven by increasing environmental regulations and the need for sustainable mining practices. The market for metal extraction technologies is growing, with a focus on methods that minimize environmental impact and maximize resource recovery. The company competes with other firms offering similar solutions, such as CLGPF (Clean Group AS), DFCO (Diversified Gas & Oil PLC), EESH (Ecosoluciones Energeticas SA), ENPRF (EnviroPure Solutions Inc.), and HYEG (HydroGraph Clean Power Inc.). Dundee differentiates itself through its CLEVR and GlassLock processes, which offer unique solutions for refractory materials and contaminant stabilization.

Who Are DNDDF's Key Customers?

  • Mining companies seeking to extract precious metals from refractory materials.
  • Companies requiring solutions for the removal and stabilization of contaminants like arsenic.
  • Mining operations looking for environmentally responsible processing alternatives.
  • Clients needing technical services to evaluate and optimize their metal extraction processes.
Model self-rating on this text: 70% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low 26/100

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • Scoring coverage unknown
  • Price 5 days old
  • Latest filing 165 days ago
  • No analyst coverage
  • Reported in CAD, converted to USD

MoonshotScore History

Recorded daily since 2026-08-23 · 4 snapshots

2026-08-23 47
2026-08-24 47
2026-08-25 47
2026-08-26 47

What changed?

The score has stayed at 47.

Over the same 3 days the stock moved +0.0%.

Company Profile

Dundee Sustainable Technologies Inc. operates in the Industrial - Pollution & Treatment Controls industry within the Industrials sector. It is headquartered in Thetford Mines, CA. The company is led by CEO Jean-Philippe Mai. DNDDF has traded publicly since 2015.

DNDDF Revenue & Earnings Trend

In Q1 FY2026, DNDDF generated $439K in top-line revenue, marking a sequential decrease of 12.3%. The company recorded a net loss of $405K, with diluted EPS of $-0.01. Quarter-over-quarter revenue has been mixed, typical for a unknown company operating in Industrials. Across the four most recent quarters, DNDDF averaged $0.01 in diluted EPS.

ROE -9%

Key Financial Metrics

Return on equity for Dundee Sustainable Technologies Inc. stands at -8.8%, a gauge of how efficiently it converts shareholder capital into profit. DNDDF trades at a trailing price-to-earnings ratio of 0.75, below the Industrials sector average of ~28.00x. Its free cash flow yield is -36.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.04 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 133.6%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 5/9

Financial Health

Dundee Sustainable Technologies Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.

DNDDF Financials

Fundamental Snapshot

Revenue Growth (FY)
+0.8%
Net Income Growth (FY)
+114.2%
EPS Growth (FY)
+114.7%
Free Cash Flow Growth (FY)
+87.4%
P/E (TTM)
0.75
Return on Equity (TTM)
-8.8%
Current Ratio
0.0

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Proprietary CLEVR and GlassLock technologies.
  • Focus on sustainable and environmentally responsible solutions.
  • Expertise in treating refractory materials.
  • Potential for strong intellectual property protection.

Bear Case

  • Negative profitability and high operating losses.
  • Limited market capitalization and liquidity.
  • Reliance on a single industry (mining).
  • OTC listing presents increased risk.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q1 FY2026 $438,902.39 -$405,437.889 -$0.01
Q4 FY2025 $500,698.319 $3M $0.04
Q3 FY2025 $465,270.153 -$105,025.387 -$0.0016
Q2 FY2025 $332,687.843 -$459,658.242 -$0.01

Q1 FY2026 · filed 31 Mar 2026 · Financial Modeling Prep

Based on FMP financials and quantitative analysis · Converted to USD from CAD at today's rate

DNDDF Latest News

No recent news available for DNDDF.

Leadership: Jean-Philippe Mai

CEO

Jean-Philippe Mai serves as the CEO of Dundee Sustainable Technologies Inc. His background includes experience in the mining and technology sectors. He has a proven track record in strategic leadership and business development. His expertise lies in driving innovation and commercializing new technologies. He is responsible for overseeing the company's operations, strategic direction, and growth initiatives.

Track Record: Under Jean-Philippe Mai's leadership, Dundee Sustainable Technologies has focused on advancing its CLEVR and GlassLock technologies. He has been instrumental in securing partnerships and expanding the company's market reach. His strategic decisions have aimed at enhancing the company's financial performance and positioning it as a leader in sustainable mining solutions.

DNDDF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Dundee Sustainable Technologies Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and performance. Investing in OTC Other stocks carries significant risks due to the lack of regulatory oversight and the potential for fraud or manipulation. Companies in this tier are not required to be SEC reporting companies.

  • OTC Tier: OTC Other
Liquidity: Liquidity for DNDDF is likely limited due to its OTC listing and small market capitalization. This can result in wider bid-ask spreads, making it more expensive to buy or sell shares. Lower trading volumes can also make it difficult to execute large orders without significantly impacting the stock price. Investors should exercise caution and be prepared for potential price volatility.
OTC Risk Factors:
  • Limited financial disclosure increases the risk of investing in DNDDF.
  • Lower liquidity can make it difficult to buy or sell shares at desired prices.
  • OTC listing increases the potential for fraud or manipulation.
  • Small market capitalization makes the stock more susceptible to volatility.
  • Lack of regulatory oversight compared to NYSE or NASDAQ listed companies.
Due Diligence Checklist:
  • Verify the company's financial statements and disclosures.
  • Assess the company's management team and their track record.
  • Research the company's business model and competitive landscape.
  • Evaluate the company's intellectual property and technology.
  • Understand the risks associated with OTC investing.
  • Monitor the company's news and announcements.
  • Consult with a financial advisor before investing.
Legitimacy Signals:
  • Subsidiary of Dundee Corporation provides some level of oversight and resources.
  • Focus on sustainable technologies aligns with growing environmental concerns.
  • Proprietary CLEVR and GlassLock technologies offer potential competitive advantages.
  • Experienced management team with expertise in the mining and technology sectors.

Common Questions About DNDDF (Industrials)

What happened to Dundee Sustainable Technologies Inc. (DNDDF) stock?

Dundee Sustainable Technologies Inc. (DNDDF) no longer trades on public markets. The figures below are historical and are not a current quote.

Can I still buy DNDDF shares?

No. DNDDF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for DNDDF elsewhere is historical data, not a live market.

Are the figures on this page current?

No. Every number here is the last value recorded before DNDDF stopped trading. Nothing on this page updates, and none of it is a current quote.

Why does this page still exist?

Because people still search for what happened to Dundee Sustainable Technologies Inc.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.

What does Dundee Sustainable Technologies Inc. do?

Dundee Sustainable Technologies Inc. specializes in developing and commercializing innovative technologies for the mining industry, focusing on the treatment of refractory materials.

What do analysts say about DNDDF stock?

Currently, there is no readily available analyst coverage for DNDDF due to its OTC listing and small market capitalization. Investors should conduct their own thorough research and due diligence before considering an investment in the company. Key valuation metrics to consider include revenue growth, gross margin, and operating expenses.

What are the main risks for DNDDF?

Investing in Dundee Sustainable Technologies Inc. carries several risks, including its OTC listing, limited liquidity, and negative profitability. The company faces competition from established players in the mining technology sector and is subject to changes in environmental regulations.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available sources and may be subject to change.
  • OTC stocks carry higher risks than exchange-listed stocks.
  • Financial data may be limited or unaudited.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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