Electric Royalties (TSE:ELEC)
:ELEC
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Electric Royalties
(ELEC)
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Rating:54Neutral
Price Target:
C$0.19
▲(35.00% Upside)
Action:UpgradedDate:01/29/26
The score is held back primarily by weak financial performance—large ongoing losses, negative operating/free cash flow, and increased leverage despite improving revenue and gross margin. Technicals are relatively strong with price above key moving averages and positive MACD, but momentum appears stretched (high Stochastic, RSI near 70). Valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Revenue Growth and Gross Margin
Sustained top-line growth combined with a strong gross margin indicates the company is achieving positive unit economics on its royalties. Over 2–6 months this improves the chance of converting scale into operating leverage if SG&A and financing costs are controlled, supporting a path toward durable profitability.
Negative Factors
Persistent Cash Burn
Ongoing negative operating and free cash flow is a structural weakness: it forces reliance on external financing to fund operations or acquisitions, risks shareholder dilution, and limits the company's ability to organically scale its royalty portfolio. Continued cash burn undermines long-term financial flexibility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth and Gross Margin
Sustained top-line growth combined with a strong gross margin indicates the company is achieving positive unit economics on its royalties. Over 2–6 months this improves the chance of converting scale into operating leverage if SG&A and financing costs are controlled, supporting a path toward durable profitability.
Read all positive factors
Electric Royalties (ELEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$16.53M
Dividend YieldN/A
Average Volume (3M)80.89K
Price to Earnings (P/E)―
Beta (1Y)-1.09
Revenue Growth2549.43%
EPS Growth17.73%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding127,116,150
10 Day Avg. Volume127,973
30 Day Avg. Volume80,886
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)1.62
Price to Sales (P/S)506.20
P/FCF Ratio-2.57
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
Electric Royalties Business Overview & Revenue Model
Company Description
Electric Royalties Ltd. focuses on acquiring royalties in mines and projects. The company primarily focuses on various commodities, including lithium, vanadium, manganese, tin, graphite, cobalt, nickel, and copper. Electric Royalties Ltd. is based...
How the Company Makes Money
Electric Royalties generates revenue primarily through its royalty agreements with mining companies. These agreements entitle Electric Royalties to a percentage of the revenue generated from the sale of minerals produced at the mines in which they...
Electric Royalties Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
42
Neutral
Cash Flow
14
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 284.50K | 31.14K | 165.81K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 126.23K | 11.01K | -289.69K | -6.82K | -4.54K | 0.00 |
| EBITDA | -4.99M | -5.42M | -5.60M | -2.07M | -2.26M | -2.64M |
| Net Income | -6.40M | -6.36M | -6.00M | -1.92M | -2.30M | -2.64M |
Balance Sheet | ||||||
| Total Assets | 19.98M | 20.16M | 18.01M | 18.41M | 15.54M | 5.22M |
| Cash, Cash Equivalents and Short-Term Investments | 169.74K | 28.08K | 442.52K | 1.24M | 2.10M | 2.58M |
| Total Debt | 9.86M | 9.19M | 4.36M | 25.32K | 30.51K | 0.00 |
| Total Liabilities | 9.99M | 10.43M | 4.49M | 155.64K | 367.73K | 123.06K |
| Stockholders Equity | 9.98M | 9.74M | 13.52M | 18.25M | 15.17M | 5.09M |
Cash Flow | ||||||
| Free Cash Flow | -5.39M | -6.13M | -5.34M | -3.99M | -2.00M | -3.03M |
| Operating Cash Flow | -1.76M | -1.18M | -1.38M | -2.04M | -1.50M | -1.78M |
| Investing Cash Flow | -3.31M | -4.72M | -3.85M | -1.64M | -1.01M | -1.23M |
| Financing Cash Flow | 5.09M | 5.48M | 4.44M | 2.82M | 2.03M | 5.50M |
Electric Royalties Technical Analysis
Negative
0.14
Price Trends
0.16
Negative
0.15
Negative
0.15
Negative
Market Momentum
>-0.01
Positive
35.72
Neutral
8.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEC, the sentiment is Negative. The current price of 0.14 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.16, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.72 is Neutral, neither overbought nor oversold. The STOCH value of 8.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELEC.
Electric Royalties 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% | |
54 Neutral | C$16.53M | -6.77 | -61.55% | ― | 2549.43% | 17.73% | |
50 Neutral | C$11.85M | -0.32 | 22.72% | ― | ― | 158.45% | |
49 Neutral | C$23.66M | -16.75 | -58.92% | ― | ― | 29.85% | |
45 Neutral | C$11.01M | -2.74 | -26.61% | ― | ― | 76.16% | |
43 Neutral | C$4.83M | -5.64 | -58.31% | ― | ― | 4.17% | |
| ― | C$15.53M | -5.07 | -21.92% | ― | ― | -6.45% |
* Basic Materials Sector Average
TSE:ELEC
Electric Royalties
0.13
>-0.01
-3.70%
TSE:LIT
Argentina Lithium & Energy
0.08
<0.01
2.56%
TSE:LLG
Mason Graphite
0.07
0.01
16.67%
TSE:MN
Manganese X Energy Corp
0.11
0.03
37.50%
TSE:CELL
Grid Battery Metals
0.03
0.00
0.00%
TSE:AVE
Vital Battery Metals, Inc.
0.18
0.06
50.00%
Electric Royalties Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Electric Royalties Converts Accrued Interest to Equity and Issues New Stock Options
Positive
Dec 30, 2025
Electric Royalties announced that its largest shareholder, Gleason Sons LLC, has elected to convert C$420,000 of accrued interest under the company’s convertible credit facility into 3 million common shares at C$0.14 per share, a move that ...
Business Operations and StrategyProduct-Related Announcements
Electric Royalties Advances Critical Metals Portfolio with Key Project Updates
Positive
Dec 8, 2025
Electric Royalties has provided an update on its critical metals royalty portfolio, highlighting significant progress across several key projects. The Graphmada Graphite Mine is under review for expanded production, aligning with Western economies...
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.