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Elevate Uranium Ltd (AU:EL8)
ASX:EL8

Elevate Uranium Ltd (EL8) AI Stock Analysis

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AU:EL8

Elevate Uranium Ltd

(Sydney:EL8)

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Neutral 46 (OpenAI - 4o)
Rating:46Neutral
Price Target:
AU$0.29
▲(7.04% Upside)
Elevate Uranium Ltd's overall stock score is primarily impacted by its challenging financial performance, characterized by consistent losses and negative cash flows. Technical analysis suggests a lack of strong momentum, and the valuation is unattractive due to negative earnings. The absence of earnings call data and corporate events leaves these areas unaddressed.
Positive Factors
Revenue Growth
The increase in revenue indicates that Elevate Uranium is expanding its market reach and potentially increasing its uranium sales, which is crucial for long-term growth as the demand for clean energy rises.
Low Leverage
A low debt-to-equity ratio provides Elevate Uranium with financial flexibility and reduces the risk of financial distress, allowing for potential investments in growth opportunities.
Operational Efficiency
Positive gross profit margins suggest that Elevate Uranium is able to manage its production costs effectively, which is essential for improving profitability as the company scales operations.
Negative Factors
Negative Cash Flows
Negative cash flows highlight the company's struggle to generate sufficient cash from operations, which could hinder its ability to fund future projects and sustain operations without external financing.
Profitability Concerns
Ongoing unprofitability poses a risk to Elevate Uranium's long-term viability, as sustained losses may deplete resources and limit the ability to invest in growth and development.
High Operating Expenses
High operating expenses can erode margins and profitability, making it challenging for Elevate Uranium to achieve sustainable financial health and compete effectively in the uranium market.

Elevate Uranium Ltd (EL8) vs. iShares MSCI Australia ETF (EWA)

Elevate Uranium Ltd Business Overview & Revenue Model

Company DescriptionElevate Uranium Ltd engages in the exploration and evaluation of uranium deposits. The company's principal projects include the Koppies, Hirabeb, Marenica, and Namib IV in Namibia. It also holds 100% interests in the Angela, Thatcher Soak, Oobagooma, and Minerva project areas, as well as the Bigrlyi, Malawiri, Walbiri, and Areva joint ventures in Australia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is headquartered in West Perth, Australia.
How the Company Makes MoneyElevate Uranium generates revenue primarily through the development and eventual production of uranium. The company's revenue model is centered on the exploration and mining of uranium deposits, with a focus on bringing its projects to production. Key revenue streams are expected to come from the sale of uranium concentrate to utilities and other end-users in the nuclear power sector. Additionally, the company may benefit from strategic partnerships with other mining companies or utilities that could provide access to capital or resources necessary for further exploration and development. Factors contributing to its earnings include the market price of uranium, the successful completion of exploration programs, and advancements in project development milestones.

Elevate Uranium Ltd Financial Statement Overview

Summary
Elevate Uranium Ltd is in a challenging financial position with consistent losses and negative cash flows. Revenue has increased, but profitability remains a concern. The balance sheet is stable with low leverage, but the company needs to focus on improving operational efficiency and cash flow management to enhance financial health.
Income Statement
25
Negative
Elevate Uranium Ltd has shown a significant increase in revenue from 2024 to 2025, but the company remains unprofitable with negative net income and EBIT margins. The gross profit margin is positive, indicating some operational efficiency, but the overall profitability is weak due to high operating expenses.
Balance Sheet
40
Negative
The company maintains a low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, reflecting ongoing losses. The equity ratio is relatively stable, indicating a solid capital structure despite profitability challenges.
Cash Flow
30
Negative
Operating and free cash flows are negative, indicating cash burn. The free cash flow growth rate is slightly negative, showing a small improvement. The cash flow to net income ratios suggest that cash flows are aligned with net losses, but the company needs to improve cash generation.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue768.50K768.50K182.000.000.000.00
Gross Profit768.50K768.50K-121.67K-117.68K-85.52K-54.29K
EBITDA-19.26M-11.85M-10.62M-8.51M-5.68M-2.66M
Net Income-12.32M-12.32M-10.75M-8.63M-5.73M-2.60M
Balance Sheet
Total Assets25.46M25.46M13.26M12.54M19.33M9.96M
Cash, Cash Equivalents and Short-Term Investments21.71M21.71M10.83M10.06M15.81M6.66M
Total Debt432.41K432.41K74.21K146.03K177.27K99.29K
Total Liabilities1.57M1.57M1.48M1.02M838.59K429.54K
Stockholders Equity23.89M23.89M11.78M11.52M18.49M9.53M
Cash Flow
Free Cash Flow-11.71M-11.71M-9.31M-5.90M-4.49M-2.40M
Operating Cash Flow-11.62M-11.62M-9.24M-5.83M-4.38M-2.33M
Investing Cash Flow-714.24K-714.24K-73.79K-74.52K-137.62K-61.28K
Financing Cash Flow23.22M23.22M10.09M158.86K13.67M7.99M

Elevate Uranium Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.27
Price Trends
50DMA
0.32
Negative
100DMA
0.32
Negative
200DMA
0.29
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
44.80
Neutral
STOCH
37.22
Neutral
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 0.27 is below the 20-day moving average (MA) of 0.28, below the 50-day MA of 0.32, and below the 200-day MA of 0.29, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.80 is Neutral, neither overbought nor oversold. The STOCH value of 37.22 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
57
Neutral
AU$269.71M-49.59-6.30%-67.12%
47
Neutral
AU$269.03M-7.40-7.01%-100.00%49.49%
46
Neutral
AU$123.40M-7.54-69.11%1.38%
43
Neutral
AU$7.90M-3.79-75.69%-141.67%
41
Neutral
AU$147.00M-9.04-26.26%-75.25%
41
Neutral
AU$15.73M-34.09-0.93%8.33%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:EL8
Elevate Uranium Ltd
0.27
0.02
8.00%
AU:AEE
Aura Energy
0.16
0.03
23.08%
AU:BKY
Berkeley Energia
0.61
0.26
72.86%
AU:PEN
Peninsula Energy
0.66
-0.26
-27.95%
AU:ZEU
Zeus Resources Ltd.
0.01
0.00
0.00%
AU:EME
Energy Metals Ltd
0.08
>-0.01
-11.11%

Elevate Uranium Ltd Corporate Events

Elevate Uranium Ltd Issues New Unquoted Equity Securities
Dec 2, 2025

Elevate Uranium Ltd has announced the issuance of new unquoted equity securities, including options and rights, as part of a previously disclosed transaction. This issuance involves 2,865,711 unquoted options exercisable at $0.41, expiring in 2029, and a total of 1,305,699 rights with varying expiration dates. This move is part of the company’s strategic financial maneuvers to support its operations and growth, potentially impacting its market positioning and stakeholder interests.

Elevate Uranium Ltd Announces Director’s Acquisition of Service Options
Dec 2, 2025

Elevate Uranium Ltd announced a change in the director’s interest, with Scott Perry acquiring 695,837 service options exercisable at $0.41 per option, expiring on December 1, 2029. This acquisition, following shareholder approval, reflects a strategic move to align the director’s interests with the company’s growth objectives, potentially impacting its market positioning positively.

Elevate Uranium Ltd Grants Unlisted Securities to Directors
Dec 2, 2025

Elevate Uranium Ltd has announced the grant of unlisted securities following shareholder approval. These include service options and performance rights issued to the company’s directors and managing director, Murray Hill. The securities are structured to vest over several years, aligning with the company’s long-term strategic goals and performance indicators. This move is likely to strengthen the company’s leadership incentives and align their interests with shareholder value, potentially impacting its operational focus and market positioning.

Elevate Uranium Ltd Successfully Passes All Resolutions at AGM
Nov 27, 2025

Elevate Uranium Ltd announced the successful passing of all resolutions at its Annual General Meeting held on 27 November 2025. The resolutions included the adoption of the remuneration report, re-election of director Scott Perry, issuance of service options to key personnel, and approval of a 10% placement capacity. These decisions are likely to enhance the company’s governance and operational capacity, potentially impacting its strategic positioning in the uranium market.

Elevate Uranium Issues Addendum to AGM Notice
Nov 12, 2025

Elevate Uranium Ltd has issued an addendum to its Notice of Annual General Meeting, originally dated 6 October 2025. The meeting will proceed as scheduled on 27 November 2025, with the addendum available online for shareholders. This update ensures compliance with regulatory requirements and facilitates shareholder engagement by providing access to important documents digitally.

Elevate Uranium Ltd Updates Shareholders on $25M Capital Raise and Expansion Plans
Nov 12, 2025

Elevate Uranium Ltd has issued an addendum to its Notice of General Meeting to update shareholders on recent developments, including a successful capital raise of $25 million through the placement of shares. This capital will be used to accelerate the development of their U-pgrade pilot plant and expand resource drilling, which is expected to enhance the company’s operational capabilities and strengthen its market position in the uranium sector.

Elevate Uranium Ltd Announces Quotation of New Securities on ASX
Nov 7, 2025

Elevate Uranium Ltd has announced the quotation of 71,428,572 fully paid ordinary securities on the Australian Securities Exchange (ASX) under the code EL8. This move is part of a previously announced transaction, potentially enhancing the company’s market presence and providing additional capital for its operations.

Elevate Uranium Secures $25M to Boost Uranium Projects
Oct 31, 2025

Elevate Uranium Ltd has successfully raised $25 million through a placement of shares, significantly strengthening its financial position. This funding will be used to accelerate the U-pgrade™ pilot plant program and expand resource drilling in Namibia and Australia, supporting the company’s strategy to enhance its uranium portfolio and pursue strategic growth opportunities.

Elevate Uranium Ltd Initiates Trading Halt for Capital Raising
Oct 30, 2025

Elevate Uranium Ltd has requested a trading halt on its securities pending a significant announcement related to a capital raising initiative. This move is intended to provide the company with additional resources to enhance its market position and operational capabilities, with trading expected to resume by 3 November 2025.

Elevate Uranium Ltd Announces Proposed Securities Issue
Oct 17, 2025

Elevate Uranium Ltd has announced a proposed issue of securities, including service options and performance rights, scheduled for November 28, 2025. This move is part of the company’s strategic efforts to enhance its financial position and support its ongoing projects, potentially strengthening its market presence and offering benefits to stakeholders.

Elevate Uranium Ltd Announces 2025 Annual General Meeting
Oct 17, 2025

Elevate Uranium Ltd has announced its 2025 Annual General Meeting of Shareholders scheduled for 27 November 2025. The meeting will be held in West Perth, and shareholders are encouraged to submit their proxy voting instructions online by 25 November 2025. The company will not be sending physical copies of the meeting notice, which can be accessed online. This move reflects a shift towards digital communication, potentially enhancing shareholder engagement and operational efficiency.

Elevate Uranium Ltd Announces 2025 Annual General Meeting
Oct 17, 2025

Elevate Uranium Ltd has announced its Annual General Meeting, which will take place on November 27, 2025, at CWA House in West Perth. Shareholders are encouraged to participate in the meeting, either in person or by proxy, to ensure their votes are counted. The company has opted not to send hard copies of the meeting notice, directing shareholders to access it online, reflecting a shift towards digital communication.

Elevate Uranium Ltd Issues Unquoted Securities for Employee Incentives
Oct 14, 2025

Elevate Uranium Ltd announced the issuance of unquoted equity securities, including LTI Performance Rights, LTI Options, and STI Performance Rights, as part of an employee incentive scheme. This move is aimed at aligning employee interests with company goals and potentially enhancing operational performance, which could strengthen its position in the uranium market.

Elevate Uranium Ltd Grants Unlisted Securities to Align Employee Interests
Oct 14, 2025

Elevate Uranium Ltd has announced the grant of unlisted securities under its 2023 Employee Incentive Plan. This includes LTI Performance Rights, LTI Options, and STI Performance Rights, all with specific vesting conditions and expiry dates. This move is aimed at incentivizing employees and aligning their interests with the company’s long-term goals, potentially impacting the company’s operational efficiency and market positioning.

Elevate Uranium Divests Oobagooma Project to Focus on Core Assets
Oct 14, 2025

Elevate Uranium Ltd has entered into an agreement to sell its Oobagooma Uranium Project in Western Australia to Orpheus Uranium Ltd. This divestment aligns with Elevate’s strategic focus on its core projects, potentially strengthening its position in the uranium market by allowing it to concentrate resources on its key initiatives. The transaction involves cash and equity payments, with Elevate becoming a significant shareholder in Orpheus, indicating a supportive relationship moving forward.

Orpheus Uranium Expands Portfolio with Oobagooma Project Acquisition
Oct 14, 2025

Orpheus Uranium Limited, a company focused on consolidating underexplored uranium assets, has announced its acquisition of the Oobagooma Uranium Project from Elevate Uranium Ltd’s subsidiary. Located in Western Australia’s Canning Basin, the project is notable for its sedimentary-style roll-front mineralization and historical evidence of significant uranium deposits. This acquisition aligns with Orpheus’ strategy to enhance its portfolio of uranium assets across various development stages, leveraging modern exploration techniques to unlock value from known targets.

Cumulus Wealth Ceases Substantial Holding in Elevate Uranium
Oct 6, 2025

Cumulus Wealth Pty Ltd has ceased to be a substantial holder in Elevate Uranium Ltd as of September 30, 2025. This change in substantial holding could impact Elevate Uranium’s shareholder dynamics and influence within the company, potentially affecting its strategic decisions and market positioning.

Elevate Uranium Ltd Announces 2025 AGM Date and Director Elections
Sep 30, 2025

Elevate Uranium Ltd has announced the date for its 2025 Annual General Meeting, scheduled for November 27, 2025, in West Perth. A key agenda item will be the election of directors, with nominations closing on October 7, 2025. This meeting is significant for stakeholders as it will influence the company’s leadership and strategic direction.

Elevate Uranium Ltd Affirms Commitment to Governance Standards
Sep 19, 2025

Elevate Uranium Ltd has released its corporate governance statement, which adheres to the ASX Corporate Governance Council’s principles and recommendations. The statement outlines the company’s commitment to maintaining robust governance practices, including board oversight and management responsibilities. This announcement reinforces Elevate Uranium’s dedication to transparency and accountability, potentially strengthening its position in the market and providing assurance to stakeholders about its governance standards.

Elevate Uranium Ltd Releases 2025 Corporate Governance Statement
Sep 19, 2025

Elevate Uranium Ltd has released its Corporate Governance Statement for the financial year ending June 30, 2025. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s recommendations, detailing the roles and responsibilities of the Board, Chair, and management. The company has implemented a Corporate Governance Plan, which is accessible on their website, to guide their governance duties. This release highlights Elevate Uranium’s commitment to transparency and structured governance, which may enhance stakeholder confidence and potentially improve its industry positioning.

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.Date of analysis: Nov 28, 2025