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Elevate Uranium Ltd
(Sydney:EL8)
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Rating:45Neutral
Price Target:
AU$0.22
▼(-35.59% Downside)
Action:Reiterated
Date:06/04/26
The score is primarily constrained by weak financial performance (ongoing losses and negative cash flows) despite a stable, low-leverage balance sheet. Technicals are only mildly supportive with neutral oscillators but a negative MACD and price still below longer-term moving averages. Valuation is also penalized because the company is loss-making (negative P/E) and has no stated dividend yield.
Positive Factors
Conservative balance sheet / low leverage
A low debt-to-equity posture gives financial flexibility and reduces fixed interest obligations. Over a 2-6 month horizon this allows the company to continue exploration and development work through cyclical commodity swings with lower bankruptcy risk and less immediate refinancing pressure.
Negative Factors
Persistent cash burn
Negative operating and free cash flows materially constrain the company's ability to self-fund exploration and metallurgical programs. Over 2-6 months, continued cash burn forces reliance on external capital, increasing dilution risk and potentially delaying critical resource definition or permitting milestones.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet / low leverage
A low debt-to-equity posture gives financial flexibility and reduces fixed interest obligations. Over a 2-6 month horizon this allows the company to continue exploration and development work through cyclical commodity swings with lower bankruptcy risk and less immediate refinancing pressure.
Read all positive factors
Elevate Uranium Ltd (EL8) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$104.84M
Dividend YieldN/A
Average Volume (3M)1.69M
Price to Earnings (P/E)―
Beta (1Y)2.47
Revenue GrowthN/A
EPS Growth37.27%
CountryAU
Employees20
SectorEnergy
Sector Strength52
IndustryUranium
Share Statistics
EPS (TTM)-0.03
Shares Outstanding465,968,100
10 Day Avg. Volume1,984,434
30 Day Avg. Volume1,688,761
Financial Highlights & Ratios
PEG Ratio2.09
Price to Book (P/B)4.73
Price to Sales (P/S)147.04
P/FCF Ratio-9.65
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Elevate Uranium Ltd Business Overview & Revenue Model
Company Description
Headquartered in West Perth, Australia, Elevate Uranium Ltd focuses on the exploration and evaluation of uranium reserves, a business it has pursued since its incorporation in 1978. The company's key operations are distributed across two main regi...
How the Company Makes Money
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Elevate Uranium Ltd Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
40
Negative
Cash Flow
30
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 768.50K | 768.50K | 182.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 813.11K | 768.50K | -121.67K | -117.68K | -85.52K | -54.29K |
| EBITDA | -11.03M | -11.85M | -10.62M | -8.51M | -5.68M | -2.66M |
| Net Income | -10.99M | -12.32M | -10.75M | -8.63M | -5.73M | -2.60M |
Balance Sheet | ||||||
| Total Assets | 45.64M | 25.46M | 13.26M | 12.54M | 19.33M | 9.96M |
| Cash, Cash Equivalents and Short-Term Investments | 36.65M | 21.71M | 10.83M | 10.06M | 15.81M | 6.66M |
| Total Debt | 390.56K | 432.41K | 74.21K | 146.03K | 177.27K | 99.29K |
| Total Liabilities | 1.52M | 1.57M | 1.48M | 1.02M | 838.59K | 429.54K |
| Stockholders Equity | 44.12M | 23.89M | 11.78M | 11.52M | 18.49M | 9.53M |
Cash Flow | ||||||
| Free Cash Flow | -13.74M | -11.71M | -9.31M | -5.90M | -4.49M | -2.40M |
| Operating Cash Flow | -13.27M | -11.62M | -9.24M | -5.83M | -4.38M | -2.33M |
| Investing Cash Flow | -3.50M | -714.24K | -73.79K | -74.52K | -137.62K | -61.28K |
| Financing Cash Flow | 23.13M | 23.22M | 10.09M | 158.86K | 13.67M | 7.99M |
Elevate Uranium Ltd Technical Analysis
Negative
0.34
Price Trends
0.26
Negative
0.29
Negative
0.32
Negative
Market Momentum
>-0.01
Positive
38.73
Neutral
0.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EL8, the sentiment is Negative. The current price of 0.34 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.26, and above the 200-day MA of 0.32, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 38.73 is Neutral, neither overbought nor oversold. The STOCH value of 0.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:EL8.
Elevate Uranium Ltd Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
55 Neutral | AU$205.29M | -21.20 | -12.34% | ― | ― | -1047.83% | |
51 Neutral | AU$195.17M | -3.80 | -10.95% | ― | ― | -32.93% | |
46 Neutral | AU$15.10M | -28.80 | -1.07% | ― | ― | -4.17% | |
45 Neutral | AU$104.84M | -8.46 | -32.33% | ― | ― | 37.27% | |
44 Neutral | AU$3.59M | -1.52 | -82.81% | ― | ― | -161.54% | |
42 Neutral | AU$101.94M | -8.70 | -17.88% | ― | ― | 41.33% |
* Energy Sector Average
AU:EL8
Elevate Uranium Ltd
0.23
-0.08
-26.23%
AU:AEE
Aura Energy
0.10
-0.06
-37.50%
AU:BKY
Berkeley Energia
0.46
-0.13
-22.03%
AU:PEN
Peninsula Energy
0.40
-0.06
-12.28%
AU:ZEU
Zeus Resources Ltd.
0.01
0.00
0.00%
AU:EME
Energy Metals Ltd
0.07
>-0.01
-11.11%
Elevate Uranium Ltd Corporate Events
Elevate Uranium lifts Marenica resource as Namibian development programs advance
Jun 9, 2026
Elevate Uranium has announced an updated mineral resource estimate for its Marenica Uranium Project in Namibia, lifting the total resource to 52.8 million pounds of U3O8 at a grade of 180 ppm. The increase follows infill drilling of previously ide...
Elevate Uranium shareholders back capital raisings and incentive plan at general meeting
May 8, 2026
Elevate Uranium shareholders have approved all resolutions put forward at the company’s 8 May 2026 general meeting, with each motion passed by poll. The outcomes ratify a recent placement of shares, confirm the issue of shares to Core Lithiu...
Elevate Uranium Trims Future Equity Pool as Options and Rights Lapse
May 6, 2026
Elevate Uranium Ltd has announced the lapse of several classes of equity-based instruments, including 140,000 options expiring in September 2028, 413,686 performance rights, and 500,769 options expiring in October 2029, after the conditions attach...
Elevate Uranium Confirms High-Grade Mineralisation at Angela Project
Apr 29, 2026
Elevate Uranium reported diamond drilling results from its Angela Uranium Project in Australia, confirming high-grade uranium mineralisation within existing resource wireframes and supporting the current estimate of 30.8 million pounds at 1,310 pp...
Elevate Uranium Boosts Pilot Plant Team as Namibian Resources and Drilling Expand
Apr 27, 2026
Elevate Uranium reported progress on its U-pgrade™ pilot plant, acknowledging delays in reaching baseline operation but noting that a strengthened in-country management team, tighter operating procedures and planned mechanical and electrical...
Elevate Uranium Lifts Koppies Resource to 76.2 Mlb with Namib IV Maiden Estimate
Apr 14, 2026
Elevate Uranium has reported a maiden inferred mineral resource estimate of 10.1 million pounds of U3O8 at its Namib IV deposit, part of the wholly owned Koppies Uranium Project in Namibia’s Erongo Region. The Namib IV resource, defined at a...
Elevate Uranium Moves General Meeting Materials Fully Online
Apr 9, 2026
Elevate Uranium Ltd has called a general meeting of shareholders for 8 May 2026 in West Perth, with proxy forms and communication preference notices to be sent separately by its share registry, Automic. In line with Australian corporate law, the c...
Elevate Uranium Moves to Digital-First Shareholder Meeting Process
Apr 9, 2026
Elevate Uranium Ltd has called a general meeting of shareholders to be held on 8 May 2026 in West Perth, setting 6 May 2026 as the record date to determine voting eligibility. The company is shifting to electronic distribution of meeting documents...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.