Eloro Resources (ELO) AI Stock Analysis

• Market Cap: C$320.29M
• Dividend Yield: N/A
• Average Volume (3M): 397.55K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.97
• Revenue Growth: N/A
• EPS Growth: 44.76%
• Country: CA
• Employees: 35
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.02
• Shares Outstanding: 107,841,840
• 10 Day Avg. Volume: 273,850
• 30 Day Avg. Volume: 397,547
• PEG Ratio: -0.07
• Price to Book (P/B): 2.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.09
• 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: 59 Neutral
• Price Target: C$3.00 ▲(12.36% Upside)

The score is held back primarily by weak financial performance (pre-revenue status, recurring losses, and negative free cash flow), despite a low-debt balance sheet. Technicals are a major positive with a strong uptrend and positive momentum, while valuation remains constrained by negative earnings and no dividend support.

Positive Factors

Low Leverage / Strong Balance Sheet

Very low leverage and a sizable equity/assets base reduce solvency risk and provide a meaningful runway for exploration activities. This cushion allows management to fund drilling and technical programs without immediate refinancing pressure, supporting project advancement over months.

Improving Annual Net Loss

A marked reduction in annual net loss suggests improved cost discipline or scaled-back discretionary spend. If sustained, lower losses reduce near-term financing needs and extend operational runway, increasing the odds of completing resource definition work at Iska Iska without immediate dilution.

Focused Project Strategy

Concentrating resources on a single advanced asset can lead to more efficient capital allocation and technical progress. A clear project focus helps target drilling and permitting efforts, which, if successful, creates a tangible path from exploration to resource definition and eventual development.

Negative Factors

Pre-revenue Exploration Profile

Zero operating revenue leaves the company dependent on exploration success and external capital to fund operations. Long-term viability therefore depends on discovering and de-risking an economic deposit; absent that, the business model lacks intrinsic cash generation and remains high risk.

Negative Operating & Free Cash Flow

Sustained negative operating and free cash flow forces reliance on external funding, increasing dilution or debt risk. Large negative FCF, especially versus annual periods, signals heavy spending that may outpace available capital and constrain the ability to finance future drilling or development without further capital raises.

Negative Returns on Equity

Persistent negative ROE erodes shareholder capital and weakens financial flexibility. Continued losses reduce net asset value and heighten the likelihood of dilutive financing or asset sales to sustain operations, impairing long-term capacity to advance projects without external support.

Eloro Resources Business Overview & Revenue Model

Company Description

Eloro Resources Ltd. engages in the exploration and development of mineral properties. It explores for gold, silver, iron ore, zinc, tin, lead, and lithium deposits. The company primarily holds interest in the Iska Iska project, a polymetallic property that covering an area of approximately 900 hectares located in Bolivia; and 82% interest in the La Victoria gold and silver project that covering an area of 8,933 hectares located in the North-Central Mineral Belt of Peru. The company was formerly known as Cleyo Resources Inc. and changed its name to Eloro Resources Ltd. in July 1997. Eloro Resources Ltd. was incorporated in 1975 and is headquartered in Toronto, Canada.

How the Company Makes Money

Eloro Resources makes money primarily through the exploration and development of mineral properties, with the aim of discovering commercially viable deposits that can be developed into mines. The company generates revenue by advancing its projects to the stage where they can be sold, partnered, or operated to produce minerals such as silver, tin, and potentially other base and precious metals. Key revenue streams include the sale of mineral resources, joint ventures, and strategic partnerships with other mining companies that can provide funding or expertise for further exploration and development. Eloro's earnings are significantly influenced by the success of its exploration activities, fluctuations in commodity prices, and its ability to secure financing for its projects.

Eloro Resources Financial Statement Overview

Summary

Eloro Resources is in a precarious financial position due to the absence of revenue, sustained losses, and negative cash flows. While the company has low debt levels, its inability to generate income from operations suggests a high-risk profile. The financial instability is reflected in the low income statement, balance sheet, and cash flow scores.

Income Statement

Eloro Resources has reported zero revenue consistently, indicating no sales or production income. This lack of revenue coupled with increasing losses, as seen in the negative net income and EBIT, highlights significant financial distress. The absence of revenue growth and negative profit margins suggest the company struggles to cover its operational costs, impacting its sustainability.

Balance Sheet

The company maintains a strong equity base with an equity ratio of over 90%, indicating minimal leverage and reliance on debt. However, the negative net income has adversely affected the return on equity, which is negative. This imbalance highlights financial instability, despite the low debt levels offering some cushion against financial risk.

Cash Flow

Eloro Resources faces significant cash flow challenges, with consistently negative operating and free cash flows. The high negative free cash flow indicates that the company's operational activities do not generate enough cash to cover capital expenditures, relying heavily on financing activities to sustain operations. This reliance on external funding poses substantial risks to financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2023	Dec 2022	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-44.35K	-44.35K	-44.35K	-44.35K	-43.06K	-42.64K
EBITDA	-7.12M	-3.72M	-8.07M	-16.95M	-7.00M	-1.23M
Net Income	-7.17M	-3.77M	-7.99M	-17.01M	-7.11M	-1.30M
Balance Sheet
Total Assets	77.62M	59.46M	58.49M	59.36M	37.90M	5.30M
Cash, Cash Equivalents and Short-Term Investments	13.21M	624.23K	8.83M	4.06M	9.45M	44.67K
Total Debt	64.06K	88.18K	176.59K	133.95K	216.27K	76.83K
Total Liabilities	1.76M	1.35M	1.87M	2.45M	1.24M	561.04K
Stockholders Equity	75.87M	58.11M	56.62M	56.91M	36.66M	4.74M
Cash Flow
Free Cash Flow	-10.77M	-7.06M	-23.67M	-14.68M	-20.47M	-852.91K
Operating Cash Flow	-3.39M	-1.87M	-3.81M	-2.42M	-3.33M	-462.23K
Investing Cash Flow	-8.04M	-5.18M	-20.24M	-13.06M	-17.39M	-79.00K
Financing Cash Flow	24.09M	3.97M	23.34M	9.87M	1.83M	567.60K

Eloro Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.67
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELO, the sentiment is Positive. The current price of 2.67 is below the 20-day moving average (MA) of 2.79, above the 50-day MA of 2.06, and above the 200-day MA of 1.43, indicating a bullish trend. The MACD of 0.30 indicates Positive momentum. The RSI at 65.23 is Neutral, neither overbought nor oversold. The STOCH value of 54.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ELO.

Eloro Resources 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%
ELO	59 Neutral	C$320.29M	-40.13	-10.89%	―	―	44.76%
LN	58 Neutral	C$243.19M	-34.92	-19.45%	―	―	80.28%
STLR	57 Neutral	C$243.43M	-8.18	-23.72%	―	―	15.32%
WGO	57 Neutral	C$325.51M	-111.11	-2.02%	―	―	-40.00%
BSX	52 Neutral	C$338.96M	-30.60	-47.58%	―	―	32.22%

Eloro Resources Corporate Events

Eloro Resources Defers Final Iska Iska Payment but Affirms Strong Funding Position

Eloro Resources has mutually agreed with Minera Villegas to defer by one month, to February 6, 2026, the final payment needed for Eloro to acquire a 100% interest in the Iska Iska silver-tin polymetallic project in Bolivia, in order to complete closing documentation. Following a $14 million financing completed in September and recent warrant exercises, the company reports it is well funded to make the final option payment and move Iska Iska into its next phase of exploration and development, a step that could further solidify Eloro’s position in the regional polymetallic mining sector.

The most recent analyst rating on (TSE:ELO) stock is a Hold with a C$3.00 price target. To see the full list of analyst forecasts on Eloro Resources stock, see the TSE:ELO Stock Forecast page.

Eloro Resources Hits Record Silver Interval at Iska Iska Project

Eloro Resources has announced the completion of its second phase definition diamond drilling program at the Iska Iska Project in Southern Bolivia, revealing the highest silver interval to date. The drilling results from holes DSB-90 and DSB-93 have expanded the higher-grade silver-tin-polymetallic mineralization footprint, indicating a larger resource potential than previously estimated. This development is expected to enhance the Mineral Resource Estimate and position Iska Iska as a premier resource in the global critical minerals supply chain.

Eloro Resources Expands Potential at Iska Iska Project with New High-Grade Mineral Intercepts

Eloro Resources has announced further assay results from its Iska Iska Project, revealing significant mineralization in the Santa Barbara zone. The results from drillholes DSB-91 and DSB-92 indicate an expansion of the potential starter pit zone, with high-grade silver, tin, and zinc intercepts. This expansion suggests a promising future for the project, as it remains open for further exploration, potentially enhancing the mineral resource estimate and supporting the global demand for critical minerals.

Eloro Resources to Present at Bahamas Summit, Enhancing Investor Engagement

Eloro Resources Ltd. announced its participation in the Centurion One Capital 3rd Annual Bahamas Summit, where CEO Thomas Larsen will present and engage in investor meetings and panel discussions. This event presents an opportunity for Eloro to update investors on its progress, potentially enhancing its visibility and industry positioning among global growth investors.