Cover Technologies Inc.

Cover Technologies Inc.verified

COVE.CN

Price:

$0.185

Market Cap:

$7.58M

Cover Technologies Inc. engages in the research and development of magnesium processing technologies and solutions. The company develops ElectrumX, a blockchain-based platform for tracking and transacting commodity minerals with features, including a spot market and integrated third-party decentralized finance (DeFi) solutions. It also develops non-fungible tokens, as well as related assets and technologies in the area of DeFi. The company was formerly known as Mag One Products Inc. and changed its name to Cover Technologies Inc. in October 2020. Cover Technologies Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2012-01-17

Stock Exchange

CNQ

Ticker

COVE.CN

The Enterprise Value as of November 2025 (TTM) for Cover Technologies Inc. (COVE.CN) is 7.36M

According to Cover Technologies Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 7.36M. This represents a change of 578.54% compared to the average of 1.09M of the last 4 quarters.

Cover Technologies Inc. (COVE.CN) Historical Enterprise Value (quarterly & annually)

How has COVE.CN Enterprise Value performed in the past?

The mean historical Enterprise Value of Cover Technologies Inc. over the last ten years is 10.73M. The current 7.36M Enterprise Value has changed 6.76% with respect to the historical average. Over the past ten years (40 quarters), COVE.CN's Enterprise Value was at its highest in in the June 2021 quarter at 66.26M. The Enterprise Value was at its lowest in in the September 2013 quarter at -1193203.00.

Quarterly (TTM)
Annual

Average

10.73M

Median

7.00M

Minimum

-247479.76

Maximum

32.66M

Cover Technologies Inc. (COVE.CN) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Cover Technologies Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 348.31%

Maximum Annual Enterprise Value = 32.66M

Minimum Annual Increase = -3043.60%

Minimum Annual Enterprise Value = -247479.76

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2022349.86K-96.42%
20219.77M210.40%
20203.15M-23.43%
20194.11M-38.78%
20186.72M-43.91%
201711.97M-62.05%
201631.55M-3.40%
201532.66M348.31%
20147.28M-3043.60%
2013-247479.76-107.80%

Cover Technologies Inc. (COVE.CN) Average Enterprise Value

How has COVE.CN Enterprise Value performed in the past?

The current Enterprise Value of Cover Technologies Inc. (COVE.CN) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

4.42M

5-year avg

4.82M

10-year avg

10.73M

Cover Technologies Inc. (COVE.CN) Enterprise Value vs. Peers

How is COVE.CN’s Enterprise Value compared to its peers?

Cover Technologies Inc.’s Enterprise Value is less than MGX Minerals Inc. (11.54M), less than Flying Nickel Mining Corp. (12.45M), less than Euromax Resources Ltd. (35.22M), greater than Metallica Metals Corp. (6.10M), less than Granite Creek Copper Ltd. (9.20M), less than Seahawk Gold Corp. (7.87M), less than Stratabound Minerals Corp. (10.83M), less than Major Precious Metals Corp. (17.07M), greater than Interra Copper Corp. (5.20M), less than Vital Battery Metals Inc. (8.13M),

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Frequently asked questions❓

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How does the current Enterprise Value for Cover Technologies Inc. (COVE.CN) compare to its historical average?