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Elevra Lithium
(Sydney:ELV)
Elevra Lithium (ELV) vs. iShares MSCI Australia ETF (EWA)
Elevra Lithium Business Overview & Revenue Model
Elevra Lithium Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 204.43M | 223.37M | 200.87M | 1.70M | 387.00K | 645.39K |
| Gross Profit | 91.67M | 146.98M | 178.29M | -4.47M | 337.00K | 593.63K |
| EBITDA | -97.84M | -341.66M | -78.09M | -19.03M | -20.57M | -3.56M |
| Net Income | -123.78M | -294.29M | -101.40M | -13.63M | 58.89M | -4.38M |
Balance Sheet | ||||||
| Total Assets | 984.06M | 652.71M | 952.51M | 1.01B | 661.16M | 71.72M |
| Cash, Cash Equivalents and Short-Term Investments | 110.39M | 72.29M | 90.62M | 211.12M | 184.56M | 35.50M |
| Total Debt | 79.55M | 77.55M | 30.62M | 31.21M | 23.47M | 52.76K |
| Total Liabilities | 197.09M | 177.27M | 156.88M | 124.75M | 100.54M | 3.84M |
| Stockholders Equity | 665.55M | 420.22M | 665.04M | 756.16M | 504.02M | 61.39M |
Cash Flow | ||||||
| Free Cash Flow | -119.92M | -64.42M | -193.37M | -259.84M | -45.67M | -15.48M |
| Operating Cash Flow | -52.70M | -14.79M | -64.64M | -66.48M | -13.64M | -11.18M |
| Investing Cash Flow | -51.36M | -49.63M | -114.04M | -129.92M | -237.44M | 2.19M |
| Financing Cash Flow | 57.91M | 46.08M | 60.34M | 221.25M | 408.25M | 44.29M |
Elevra Lithium Technical Analysis
Elevra Lithium Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | AU$248.41M | -12.83 | -3.24% | 1.54% | 14.64% | -213.25% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | AU$408.54M | -28.46 | -5.18% | ― | ― | 47.15% | |
51 Neutral | AU$354.66M | -16.20 | -53.29% | ― | ― | ― | |
50 Neutral | $1.45B | -2.26 | -52.27% | ― | 6.51% | -173.45% | |
49 Neutral | $877.97M | -28.90 | -9.40% | ― | -100.00% | 89.10% |
Elevra Lithium Corporate Events
Elevra Lithium has reworked its expansion plan for the North American Lithium mine, opting for a staged debottlenecking strategy that accelerates additional production, reduces permitting risk and spreads capital expenditure over time. The revised pathway uses existing and newly available permitting to deliver an initial 15–20% production uplift from mid-2027 within current milling limits, then increase processing capacity to 6,500 tonnes per day with temporary mobile crushing from early 2028, before completing a new crushing and ore-sorting circuit by early 2029 to support a life-of-mine output of 315,000 tonnes per annum of spodumene concentrate. This approach is expected to bring forward incremental production by about two years and lower unit operating costs, while maintaining attractive project economics, including an unchanged AISC of US$680 per tonne and economic metrics such as an NPV of around US$950 million and an IRR of 26.4%, despite a restatement of C1 cash costs to US$630 per tonne after correcting cost allocations. Elevra plans to update its scoping study in early Q2 2026 and move directly into detailed engineering, aiming to de-risk execution and accelerate value creation at NAL.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium will discontinue its sponsored OTCQB Venture Market listing at the close of business on 30 January 2026, with its shares expected to move to an unsponsored Pink Limited Market quotation on the OTC Markets Group from 2 February 2026 under the existing SYAXF ticker. The company, which will maintain its primary listings on the ASX and Nasdaq, said the move is driven by the cost of maintaining the OTCQB listing and low trading volumes, and emphasised that the change will not affect its underlying operations or strategic plans. Elevra noted that OTC investors can convert their holdings into Nasdaq-listed American depositary shares or ASX-listed ordinary shares, with ADR issuance fees waived for conversions completed before 27 February 2026, while warning that unsponsored OTC trading may entail reduced liquidity and visibility and advising affected shareholders to consult their brokers.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$8.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited announced the cessation of 14,897 securities due to the expiry of options or other convertible securities without exercise or conversion. This announcement may impact the company’s capital structure and could influence investor perceptions regarding the company’s financial strategy and market positioning.
The most recent analyst rating on (AU:ELV) stock is a Buy with a A$7.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited announced a change in the director’s interest, with Laurie Lefcourt acquiring 4,487 fully paid ordinary shares through an on-market purchase, increasing his total holdings to 8,154 shares. This acquisition reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future performance and stability in the lithium market.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited announced that all resolutions were passed at their Annual General Meeting held on 21 November 2025. This successful passage of resolutions reflects strong shareholder support and may positively impact the company’s strategic initiatives and governance. The approval of performance rights and equity incentive plans indicates a focus on aligning management incentives with company performance, potentially enhancing operational efficiency and stakeholder value.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited, following its merger, has achieved record production and reduced operating costs, positioning itself as a key player in the lithium market. The company has made significant strides in sustainability, reducing emissions and improving safety, while also enhancing governance practices and focusing on long-term shareholder value. With a strong foundation and strategic plans, Elevra is well-prepared to capitalize on the increasing demand for lithium.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited announced the issuance of 10,649 ordinary fully paid securities, effective November 12, 2025. This move signifies the company’s strategic efforts to enhance its capital structure, potentially strengthening its market position and operational capabilities in the lithium sector.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium announced its Q1 FY26 financial results, highlighting the production of 52,003 dry metric tonnes of lithium and generating $31 million in revenue. The company is expanding its North American Lithium project, aiming for lower costs and strong returns, which positions it as a key player in the lithium market, catering to global demand centers.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited has announced the quotation of 582,770 fully paid ordinary securities on the Australian Securities Exchange (ASX) as of October 30, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the company’s visibility and access to capital.
The most recent analyst rating on (AU:ELV) stock is a Buy with a A$5.20 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited has issued 287,500 new fully paid ordinary shares at $4.80 per share to CG Nominees (Australia) Pty Ltd to settle remaining underwriting fees owed to Canaccord Genuity (Australia) Limited. This issuance is part of a conditional institutional placement previously announced and approved by shareholders, reflecting the company’s compliance with relevant provisions of the Corporations Act and its strategic financial maneuvers to strengthen its market position.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium has completed a significant merger with Sayona Mining Limited and Piedmont Lithium Inc., resulting in a unified strategy to enhance its position as a premier North American lithium producer. The company reported a strong safety performance and production outcomes for the September 2025 quarter, despite some operational challenges. Elevra is also advancing growth projects, including the expansion of its North American Lithium operations and strategic developments in Moblan and Carolina Lithium, amidst favorable U.S. policy support for domestic supply chains. The company maintains a robust financial position with increased cash reserves and reaffirms its production and sales guidance for FY26.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited announced a proposed issue of 287,500 ordinary fully paid securities, set to take place on October 28, 2025. This strategic move is expected to enhance the company’s capital base, potentially strengthening its market position and supporting its ongoing projects in the lithium sector.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
Elevra Lithium Limited has announced its Annual General Meeting (AGM) scheduled for November 21, 2025, which will be conducted as a hybrid meeting to maximize shareholder participation. This approach allows shareholders to attend either in person or virtually, ensuring broader engagement and accessibility. The AGM will provide shareholders with opportunities to ask questions and participate in discussions about the company’s management and operations, reflecting Elevra Lithium’s commitment to transparency and stakeholder involvement.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$5.00 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.