Elevra Lithium (ELV) AI Stock Analysis

• Market Cap: AU$1.28B
• Dividend Yield: N/A
• Average Volume (3M): 1.29M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.75
• Revenue Growth: 6.51%
• EPS Growth: -173.45%
• Country: AU
• Employees: 230
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -3.29
• Shares Outstanding: 169,329,120
• 10 Day Avg. Volume: 1,054,872
• 30 Day Avg. Volume: 1,291,315
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.37
• Price to Sales (P/S): 0.69
• P/FCF Ratio: -2.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$8.31
• Price Target Upside: 10.06% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): -0.64
• Revenue Forecast (FY): AU$359.08M

• Rating: 54 Neutral
• Price Target: AU$6.00 ▼(-20.53% Downside)

Sayona Mining's stock score is primarily influenced by its strong technical momentum, despite significant challenges in profitability and cash flow. The negative valuation metrics further weigh down the overall score.

Positive Factors

Revenue Growth

The positive sales momentum indicates strong demand for Elevra Lithium's products, supporting long-term revenue expansion and market presence.

Low Debt Levels

Conservative leverage provides financial stability and flexibility, allowing Elevra Lithium to invest in growth opportunities without excessive risk.

Strategic Partnerships

These partnerships ensure stable demand and pricing for Elevra Lithium's products, enhancing revenue predictability and market positioning.

Negative Factors

Profitability Challenges

Operational challenges and high costs relative to revenue impact profitability, potentially limiting reinvestment in growth and innovation.

Cash Flow Issues

Liquidity pressures from inefficient cash conversion can hinder Elevra Lithium's ability to fund operations and strategic initiatives.

Negative Return on Equity

Inefficiencies in generating shareholder returns may affect investor confidence and the company's ability to attract capital for growth.

Elevra Lithium Business Overview & Revenue Model

Company Description

Elevra Lithium (ELV) is a leading player in the lithium extraction and processing industry, focused on supplying high-quality lithium products essential for the growing electric vehicle (EV) and energy storage markets. The company operates primarily in the mining sector, leveraging advanced technologies to extract lithium from brine and hard rock sources. Elevra Lithium's core product offerings include lithium hydroxide and lithium carbonate, which are critical components in the production of lithium-ion batteries.

How the Company Makes Money

Elevra Lithium generates revenue through the sale of its lithium products to manufacturers of batteries, electric vehicles, and energy storage systems. The company has established key partnerships with major automotive and technology firms that require reliable lithium supplies for their production processes. Additionally, the company benefits from long-term contracts that ensure stable pricing and demand for its products. Elevra Lithium also engages in joint ventures and strategic collaborations to enhance its production capabilities and expand its market reach, contributing to its overall earnings.

Elevra Lithium Financial Statement Overview

Summary

Sayona Mining shows revenue growth but struggles with profitability and cash flow. The low debt-to-equity ratio is positive, but negative net profit margins and cash flow issues highlight operational inefficiencies.

Income Statement

Sayona Mining's income statement shows a mixed performance. The company has achieved a revenue growth rate of 9.26% in the latest year, indicating positive sales momentum. However, profitability remains a significant concern, with negative net profit margins and EBIT margins, reflecting operational challenges and high costs relative to revenue. The gross profit margin has decreased from the previous year, suggesting pressure on cost management.

Balance Sheet

The balance sheet of Sayona Mining reveals a relatively low debt-to-equity ratio of 0.18, indicating conservative leverage and a strong equity base. However, the return on equity is negative, highlighting inefficiencies in generating returns for shareholders. The equity ratio is stable, suggesting a solid capital structure, but the negative ROE is a concern for long-term profitability.

Cash Flow

Cash flow analysis shows Sayona Mining facing challenges with negative operating cash flow and free cash flow, indicating liquidity pressures. The free cash flow to net income ratio is high, suggesting that the company is not efficiently converting its net income into cash. The decline in free cash flow growth rate further emphasizes the need for improved cash management.

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

• Technical Analysis Sentiment: Positive
• Last Price: 7.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:ELV, the sentiment is Positive. The current price of 7.55 is above the 20-day moving average (MA) of 6.32, above the 50-day MA of 5.25, and above the 200-day MA of 3.57, indicating a bullish trend. The MACD of 0.62 indicates Negative momentum. The RSI at 75.75 is Negative, neither overbought nor oversold. The STOCH value of 87.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:ELV.

Elevra Lithium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
OMH	56 Neutral	AU$214.01M	-9.81	-3.24%	1.54%	14.64%	-213.25%
ELV	54 Neutral	AU$1.28B	-1.86	-52.27%	―	6.51%	-173.45%
CXO	51 Neutral	AU$718.34M	-26.61	-9.40%	―	-100.00%	89.10%
GLN	51 Neutral	AU$339.46M	-23.46	-5.18%	―	―	47.15%

Elevra Lithium Corporate Events

Elevra Lithium Director Increases Stake in Company

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.

Elevra Lithium Reports Unanimous Approval of AGM Resolutions

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.

Elevra Lithium: Merging Strengths for Sustainable Growth

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.

Elevra Lithium Expands Capital with New Securities Issuance

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.

Elevra Lithium Reports Strong Q1 FY26 Results and Strategic Expansion

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.

Elevra Lithium Expands Market Presence with New ASX Quotation

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.

Elevra Lithium Settles Underwriting Fees with Share Issuance

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.

Elevra Lithium Strengthens Position with Strategic Merger and Expansion Plans

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.

Elevra Lithium Announces New Securities Issue to Bolster Capital

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.

Elevra Lithium Announces Hybrid AGM for Enhanced Shareholder Engagement

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.