Elementos Limited (AU:ELT)
ASX:ELT
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Elementos Limited
(Sydney:ELT)
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Rating:45Neutral
Price Target:
AU$0.32
▲(15.00% Upside)
Action:ReiteratedDate:03/24/26
The score is held down primarily by weak financial performance (minimal revenue, persistent losses, and ongoing cash burn). Technicals also lean bearish with the price below key moving averages and negative MACD, despite oversold signals. Valuation is difficult to support with a negative P/E and no dividend yield data.
Positive Factors
Low leverage and bolstered equity base
A low-debt capital structure and meaningful equity growth materially reduce solvency risk and provide financial flexibility. This balance sheet strength lengthens runway for exploration and development spending, enabling the company to pursue project milestones without immediate high refinancing pressure.
Negative Factors
Persistent negative operating cash flow
Consistent operating cash deficits and negative free cash flow indicate the company cannot self-fund development and is reliant on external capital. Continued cash burn constrains project timelines, increases refinancing or dilution risk, and limits flexibility to advance projects without committed funding or partners.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage and bolstered equity base
A low-debt capital structure and meaningful equity growth materially reduce solvency risk and provide financial flexibility. This balance sheet strength lengthens runway for exploration and development spending, enabling the company to pursue project milestones without immediate high refinancing pressure.
Read all positive factors
Elementos Limited (ELT) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$119.04M
Dividend YieldN/A
Average Volume (3M)216.48K
Price to Earnings (P/E)―
Beta (1Y)1.44
Revenue GrowthN/A
EPS Growth-52.31%
CountryAU
Employees11
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding340,111,100
10 Day Avg. Volume174,208
30 Day Avg. Volume216,476
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)0.82
Price to Sales (P/S)0.00
P/FCF Ratio-17.19
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.51Price Target Upside82.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$103.76M
Elementos Limited Business Overview & Revenue Model
Company Description
Elementos Limited engages in the exploration and development of mineral properties in Australia and Spain. The company primarily explores for tin, copper, and tungsten deposits. Its flagship project is the Oropesa tin project covering an area of 1...
Elementos Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
62
Positive
Cash Flow
18
Very Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 50.00K | 0.00 | 0.00 |
| Gross Profit | -63.76K | -60.67K | -61.10K | -1.32K | -44.55K | -7.56K |
| EBITDA | -4.59M | -2.18M | -1.14M | -2.17M | -2.18M | -1.49M |
| Net Income | -4.69M | -2.29M | -1.28M | -2.23M | -2.23M | -1.61M |
Balance Sheet | ||||||
| Total Assets | 35.98M | 30.69M | 21.94M | 22.96M | 20.89M | 17.25M |
| Cash, Cash Equivalents and Short-Term Investments | 9.02M | 4.43M | 503.21K | 3.45M | 6.27M | 5.54M |
| Total Debt | 140.49K | 1.13M | 1.06M | 7.06K | 58.21K | 1.57M |
| Total Liabilities | 736.16K | 2.54M | 1.98M | 1.05M | 867.21K | 2.67M |
| Stockholders Equity | 35.24M | 28.15M | 19.96M | 21.91M | 20.02M | 14.58M |
Cash Flow | ||||||
| Free Cash Flow | -2.70M | -1.34M | -3.83M | -5.87M | -5.44M | -3.16M |
| Operating Cash Flow | -2.70M | -1.34M | -1.46M | -1.06M | -1.81M | -1.48M |
| Investing Cash Flow | -2.71M | -3.37M | -2.44M | -4.80M | -3.63M | -1.68M |
| Financing Cash Flow | 13.61M | 8.64M | 953.25K | 3.05M | 6.17M | 8.55M |
Elementos Limited Technical Analysis
Negative
0.28
Price Trends
0.38
Negative
0.36
Negative
0.27
Positive
Market Momentum
-0.01
Negative
45.74
Neutral
27.78
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ELT, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.36, below the 50-day MA of 0.38, and above the 200-day MA of 0.27, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 27.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:ELT.
Elementos Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | AU$157.78M | 51.54 | -0.02% | ― | ― | 12.50% | |
51 Neutral | AU$146.11M | -13.89 | -1.99% | ― | ― | 58.54% | |
45 Neutral | AU$119.04M | -7.65 | -14.80% | ― | ― | -52.31% | |
45 Neutral | AU$106.57M | -12.92 | -67.75% | ― | ― | -414.88% | |
44 Neutral | AU$143.06M | -3.65 | -54.77% | ― | -52.90% | 61.27% | |
42 Neutral | AU$143.46M | -13.08 | -41.80% | ― | ― | 15.91% |
* Basic Materials Sector Average
AU:ELT
Elementos Limited
0.38
0.30
381.01%
AU:ARL
Ardea Resources
0.66
0.23
52.33%
AU:ETM
Greenland Minerals Limited
0.06
>-0.01
-12.33%
AU:TLG
Talga Group
0.26
-0.20
-43.48%
AU:GL1
Global Lithium Resources Ltd.
0.57
0.41
256.25%
AU:HAS
Hastings Technology Metals Limited
0.48
0.13
36.89%
Elementos Limited Corporate Events
Elementos flags major funding needs and strategic options in half-year report
Mar 11, 2026
Elementos Limited has released its consolidated half-year report for the period ended 31 December 2025, outlining financial and operational progress across its tin projects. The report reiterates that its development plans, production targets, and...
Elementos director trims stake to fund recent option exercises
Feb 11, 2026
Elementos Limited has disclosed changes in the securities held by director Calvin Treacy and his related entities, following on‑market sales in early February 2026. Treacy directly sold 20,000 ordinary shares, while Four Seas Superannuation ...
Elementos Doubles Tungsten Resource at Cleveland Tin Project Amid Record Prices
Feb 3, 2026
Elementos Limited has doubled the Inferred Mineral Resource Estimate for tungsten at its Cleveland Tin Project to 8.49 million tonnes grading 0.24% WO3, boosting contained tungsten to 20,610 tonnes and adding a significant tungsten component along...
Elementos Options Lapse, Slightly Streamlining Capital Structure
Feb 3, 2026
Elementos Limited has notified the ASX of the expiry of 299,775 listed options (code ELTAD) that lapsed unexercised on 31 January 2026. The cessation of these options marginally reduces the company’s potential future share issuance, simplify...
Elementos Withdraws Upgraded Oropesa Financial Forecasts After ASX Query
Feb 2, 2026
Elementos Limited has retracted updated forecast financial information for its Oropesa tin project that was recently presented to investors, after the ASX advised that the figures relied on materially different tin price assumptions from those use...
Elementos Seeks ASX Quotation for 1.75 Million New Shares
Feb 2, 2026
Elementos Limited has applied to the Australian Securities Exchange for quotation of 1,750,439 new fully paid ordinary shares under its ELT ticker, following the issue of these securities on 31 January 2026. The move modestly increases the company...
Elementos Advances EU-Focused Tin Strategy as Prices Surge and Funding Strengthens
Jan 30, 2026
Elementos Limited reported solid progress in the December 2025 quarter as it advanced permitting and development at its flagship Oropesa Tin Project in Spain, where a completed Definitive Feasibility Study and maiden ore reserve underpin the proje...
Elementos Issues New Shares to Support Growth as Tin Market Tightens
Jan 23, 2026
Elementos Limited has issued 8,160,619 fully paid ordinary shares at $0.28 per share under a previously announced placement, increasing its capital base to support its ongoing operations and growth plans. The company confirmed that the issuance wa...
Elementos Seeks ASX Quotation for 8.16 Million New Ordinary Shares
Jan 23, 2026
Elementos Limited has applied to the ASX for quotation of 8,160,619 new ordinary fully paid shares under its existing code ELT, with the securities issued on 23 January 2026. The application formalises the listing of these shares, which were issue...
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.