Silver Elephant Mining (ELEF) AI Stock Analysis

• Market Cap: C$18.02M
• Dividend Yield: N/A
• Average Volume (3M): 146.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.81
• Revenue Growth: N/A
• EPS Growth: 15.69%
• Country: US
• Employees: 20
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 53,798,970
• 10 Day Avg. Volume: 58,948
• 30 Day Avg. Volume: 146,908
• PEG Ratio: -0.09
• Price to Book (P/B): -0.77
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.66
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: C$0.34 ▲(5.63% Upside)

The score is held back primarily by weak financial performance (no revenue, ongoing losses and cash burn, and negative equity). Technicals are relatively supportive with price above key moving averages and a positive MACD, while corporate updates show operational milestones and continued access to small financings, offset by legal/arbitration risk. Valuation is constrained by negative earnings and no stated dividend yield.

Positive Factors

Strategic Asset Focus

Focusing on high-potential projects in Bolivia and Canada positions the company to capitalize on valuable mineral resources, potentially driving future growth and profitability.

Moderate Leverage

Maintaining moderate leverage allows for potential future borrowing capacity, which can be utilized for strategic investments and growth opportunities.

Strategic Partnerships

Engaging in strategic partnerships can enhance operational capabilities and provide access to additional resources, supporting long-term project development and financial stability.

Negative Factors

Operational Inefficiencies

Operational inefficiencies reflected in negative margins can erode profitability and competitiveness, necessitating strategic improvements to enhance performance.

Negative Cash Flow

Negative cash flow suggests challenges in maintaining liquidity, which can hinder the company's ability to fund operations and invest in growth initiatives.

Zero Revenue

Consistently reporting zero revenue raises concerns about the company's ability to generate income, impacting its sustainability and long-term viability.

Silver Elephant Mining Business Overview & Revenue Model

Company Description

Silver Elephant Mining Corp., a mineral exploration stage company, engages in the acquisition, exploration, and development of mineral and energy projects. The company explores for gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Its flagship project is the Pulacayo project, including seven mining areas covering an area of approximately 3,560 hectares of contiguous areas located in Quijarro province, Bolivia. The company was formerly known as Prophecy Development Corp. and changed its name to Silver Elephant Mining Corp. in March 2020. Silver Elephant Mining Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

Silver Elephant Mining generates revenue through the exploration, development, and eventual extraction and sale of mineral resources, particularly silver and nickel. The company identifies and acquires mineral-rich properties with high potential for economic extraction. Upon successful exploration and development of these properties, Silver Elephant Mining either enters into production, extracting and selling the mined minerals, or forms strategic partnerships and joint ventures to develop the mining operations further. Additionally, the company may generate revenue through the sale of mining rights or interests in its properties to other mining companies. These activities are supported by capital raised through equity offerings, debt financing, and, occasionally, partnerships with other mining entities or investment firms.

Silver Elephant Mining Financial Statement Overview

Summary

Income statement and cash flow are very weak (no revenue, persistent large losses, and ongoing negative operating and free cash flow). While debt is low, the shift to deeply negative equity materially increases financing/solvency risk.

Income Statement

Across annual periods and TTM (Trailing-Twelve-Months), the company reports no revenue and consistently negative gross profit, indicating the business is not yet generating operating sales to absorb costs. Losses remain very large (TTM net loss of about $8.8M vs. ~$6.5M in 2023), but there is a modest improvement in operating loss versus 2023 as EBIT and EBITDA are less negative in TTM. Overall, profitability is structurally weak and highly dependent on funding rather than operating performance.

Balance Sheet

Leverage is low in the most recent period (TTM total debt is minimal), which reduces near-term balance sheet pressure. However, the key weakness is that shareholders’ equity has turned deeply negative in the latest annual and TTM data (roughly -$9.6M to -$10.3M), a significant deterioration from positive equity in 2020–2023, and it signals accumulated losses and reduced financial flexibility. Total assets are still sizable (~$23.3M TTM), but the negative equity position meaningfully increases financing and solvency risk.

Cash Flow

Cash generation is weak: operating cash flow is negative across all periods, including TTM (about -$2.5M), and free cash flow is also negative (TTM about -$3.5M). Free cash flow has worsened versus the latest annual period (negative growth), suggesting higher cash burn rather than improving self-funding capacity. While cash outflow is smaller than the reported net loss in TTM, the company still relies on external capital to sustain operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-148.02K	-87.34K	-543.14K	-151.29K	-22.06K	-41.12K
EBITDA	-4.30M	-3.83M	-6.48M	-7.82M	-4.54M	-3.28M
Net Income	-8.81M	-8.23M	-6.54M	-11.55M	-7.93M	-5.27M
Balance Sheet
Total Assets	23.30M	23.12M	50.74M	88.14M	62.05M	39.83M
Cash, Cash Equivalents and Short-Term Investments	237.10K	271.84K	2.21M	1.04M	579.51K	7.61M
Total Debt	45.89K	54.61K	4.02M	4.05M	0.00	20.53K
Total Liabilities	33.58M	33.01M	15.44M	9.57M	11.36M	2.47M
Stockholders Equity	-10.28M	-9.61M	21.93M	30.13M	49.19M	37.36M
Cash Flow
Free Cash Flow	-3.48M	-4.46M	-2.09M	-14.69M	-17.40M	-9.00M
Operating Cash Flow	-2.49M	-3.60M	-260.08K	-5.25M	-2.19M	-2.55M
Investing Cash Flow	-747.68K	-948.70K	-1.86M	-7.39M	-15.43M	-6.40M
Financing Cash Flow	2.25M	2.63M	2.83M	13.09M	18.11M	13.54M

Silver Elephant Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.32
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEF, the sentiment is Positive. The current price of 0.32 is below the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.31, and above the 200-day MA of 0.24, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.66 is Neutral, neither overbought nor oversold. The STOCH value of 59.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ELEF.

Silver Elephant Mining 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%
ELEF	49 Neutral	C$18.02M	-1.61	-179.75%	―	―	15.69%
TGOL	49 Neutral	C$18.90M	-25.86	-6.33%	―	―	6.45%
CXC	48 Neutral	C$18.41M	-41.67	-442.21%	―	―	-27.66%
STE	48 Neutral	C$24.23M	-22.46	-6.76%	―	―	78.16%
SMY	45 Neutral	C$20.52M	-12.53	-6.20%	―	―	-205.83%

Silver Elephant Mining Corporate Events

Silver Elephant Raises $85,000 in Final Tranche of Private Placement

Silver Elephant Mining Corp. has closed the second and final tranche of its non-brokered private placement, raising gross proceeds of $85,000 through the issuance of 340,000 units priced at $0.25 per unit, each comprising one common share and a three-year warrant exercisable at $0.30. The entire tranche was subscribed by director John Lee, making it a related-party transaction under Canadian securities rules; the company relied on exemptions from formal valuation and minority approval requirements and will file a material change report, while the new securities are subject to a four-month-plus-one-day hold period and the funds are earmarked for general corporate purposes, modestly strengthening the company’s balance sheet as it advances its Bolivian gold and silver exploration activities.

Silver Elephant Mining Closes First Tranche of Private Placement

Silver Elephant Mining Corp. has successfully closed the first tranche of its non-brokered private placement, raising $290,000 through the sale of 1,160,000 units. The proceeds are intended for general corporate purposes, with a second tranche expected to close by the end of December 2025. The transaction involved related party transactions with company director John Lee and major shareholder Ron Motz, which were exempt from certain regulatory requirements. This move is expected to support the company’s operational funding and potentially strengthen its market position in the mining sector.

Silver Elephant Mining Announces $375,000 Private Placement

Silver Elephant Mining Corp. has announced a non-brokered private placement to raise $375,000 by selling 1,500,000 units at $0.25 each, with each unit comprising one common share and one share purchase warrant. The proceeds will be used for general working capital, and the placement is subject to Toronto Stock Exchange approval. Some company directors and officers are participating, making it a related party transaction under MI 61-101, but exemptions will apply as the transaction does not exceed 25% of the company’s market capitalization.

Silver Elephant Achieves First Silver Concentrate Sale from Apuradita Project

Silver Elephant Mining Corp. has successfully completed its first sale of high-grade silver-lead concentrate from the Apuradita Paca Mining Project in Bolivia, marking a significant milestone for the company. The shipment demonstrates the marketability of its product, with ongoing operations targeting a monthly production of 1,000 to 1,500 tonnes of silver-bearing material. The company is also exploring additional high-grade areas and potential open-pit mining opportunities, while engaging in sales discussions with third-party processing facilities.

Silver Elephant Concludes Arbitration Hearing Against Andean Precious Metals

Silver Elephant Mining Corp. has completed a five-day arbitration hearing against Andean Precious Metals Corp. to recover US$1,000,000 plus fees, following Andean’s failure to pay under a previous agreement. The arbitration decision is expected by the end of 2025, potentially impacting Silver Elephant’s financial standing and its contractual relationships.

Silver Elephant Completes Private Placement, Raising $445,411

Silver Elephant Mining Corp. has successfully closed the second and final tranche of its non-brokered private placement, raising gross proceeds of $445,411. The funds raised will be used for general corporate purposes, and the issuance included related party transactions with director John Lee. This move is expected to support the company’s operational activities and potentially enhance its market position in the mineral exploration industry.