The global mining and North American real estate sector (CA, US) are poised for near-term growth, while offering investors an abundance of undervalued stocks still caught under the shadow of high inflation and hawkish interest rates.
Two prospective names to consider, Tribe Property Technologies and EnviroGold Global, are solving unmet needs with a clear path to shareholder value creation, making them worth a quick run-through for potential inclusion on your watchlists.
Tribe Property Technologies
Our first noteworthy growth story stems from Tribe Property Technologies, a property management stock operating a platform shown to decrease customer acquisition costs, increase retention and drive revenue by accommodating value-added products and services (slide 12).
Tribe is one of the largest property management companies in Canada, including over 55,000 rental, strata and condo units, and a service suite that fits the needs of multi-family property and REIT rental management, student housing, not-for-profit housing, commercial property management, single-unit rental portfolio management, as well as project management for large capital projects.
Despite achieving positive adjusted EBITDA in Q4 2024 after four years of steadily increasing revenue – from C$15.83 million in 2021 to an expected over C$33 million in 2024 – the company’s value-conscious growth has gone underappreciated in the market, with investors tanking the stock by over 90 per cent since 2021.
Tribe Property stock (TSXV:TRBE) last traded at C$0.47.
EnviroGold Global
Our second standout growth stock is EnviroGold Global, whose technology allows mining companies to reclaim metal from waste and tailings, which contain over US$3.4 trillion worth of metals globally (slide 3). The technology is applicable to metals in sulphides including gold, silver, copper, nickel, zinc, lead, iron and rare earth elements, achieving recovery rates between 85 and 95 per cent, aligning the company with tailwinds driven by the energy transition.
EnviroGold technology’s continual recycling functionality, low-temperature chemistry and stackable output translate into low emissions and operating costs, as well as an improved safety profile, topping off a strong value proposition for mineral producers of any size.
Supported by a recently closed C$4.1 million financing, the company feels like it’s on the right track to forming partnerships, generating revenue and increasing its share of its multi-trillion-dollar market.
Investors, broadly speaking, do not agree, having pummeled the stock by 52.94 per cent year-over-year and 82.22 per cent since 2021, representing a potentially substantial re-rating play once that first contract roles in.
EnviroGold stock (CSE:NVRO) last traded at C$0.08.
Join the discussion: Find out what everybody’s saying about these mining and real estate growth stocks on the Tribe Property Technologies Inc. and EnviroGold Global Limited Bullboards and check out Stockhouse’s stock forums and message boards.
This is sponsored content issued on behalf of Tribe Property Technologies Inc. and EnviroGold Global Limited, please see full disclaimer here.
(Top photo of EnviroGold’s tailings processing demonstration plant: EnviroGold Global)