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Electrum Discovery (TSE:ELY)
:ELY

Electrum Discovery (ELY) Price & Analysis

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ELY Stock Chart & Stats

C$0.10
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C$0.10
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Bulls Say, Bears Say

Bulls Say
Materially Improved Shareholders' EquityA meaningful increase in equity and total assets provides a stronger capital base to fund ongoing exploration. This durable improvement reduces short-term solvency risk, supports operational continuity for several quarters, and enhances the company's ability to attract JV partners or raise project financing.
Zero Reported Debt In 2024Having no reported debt lowers fixed obligations and financial leverage, preserving flexibility for equity-based financing or strategic partnerships. This structural strength reduces bankruptcy risk and interest burden, which is valuable for a capital-intensive explorer dependent on periodic funding rounds.
Focused Early‑stage Exploration Business ModelA clear, concentrated exploration strategy concentrates technical expertise and capital on high-leverage drilling and resource definition events. Over the medium term this model can deliver outsized value if discoveries occur, and it aligns with common JV and earn-in structures that can de-risk projects while preserving upside.
Bears Say
Pre‑revenue OperationsAbsence of operating revenue removes internal cash generation and ties company viability to capital markets or partners. Over 2–6 months this elevates execution risk: continued exploration depends on external financing and success events, making operational continuity sensitive to funding conditions.
Widening Losses And Accelerating Cash BurnRising net losses and sharply negative free cash flow erode equity and shorten runway absent new capital. This structural cash burn increases dilution and execution risk, forcing financing decisions that can alter strategy or delay programs if markets or partner interest weaken over the medium term.
No Visible Near‑term Path To ProfitabilityWith no commercial production or revenue drivers, the company's value is contingent on exploration outcomes rather than cash returns. That structural uncertainty makes planning and long-term resource allocation harder, and heightens reliance on successful drill results or third-party farm-ins to create durable value.

Electrum Discovery News

ELY FAQ

What was Electrum Discovery’s price range in the past 12 months?
Electrum Discovery lowest stock price was C$0.05 and its highest was C$0.13 in the past 12 months.
    What is Electrum Discovery’s market cap?
    Electrum Discovery’s market cap is C$13.37M.
      When is Electrum Discovery’s upcoming earnings report date?
      Electrum Discovery’s upcoming earnings report date is May 06, 2026 which is in 76 days.
        How were Electrum Discovery’s earnings last quarter?
        Electrum Discovery released its earnings results on Nov 27, 2025. The company reported -C$0.004 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.004.
          Is Electrum Discovery overvalued?
          According to Wall Street analysts Electrum Discovery’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Electrum Discovery pay dividends?
            Electrum Discovery does not currently pay dividends.
            What is Electrum Discovery’s EPS estimate?
            Electrum Discovery’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Electrum Discovery have?
            Electrum Discovery has 116,268,326 shares outstanding.
              What happened to Electrum Discovery’s price movement after its last earnings report?
              Electrum Discovery reported an EPS of -C$0.004 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 7.143%.
                Which hedge fund is a major shareholder of Electrum Discovery?
                Currently, no hedge funds are holding shares in TSE:ELY
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Electrum Discovery

                  Electrum Discovery Corp. engages in the acquisition and exploration of mineral properties in the natural resource sector in the Republic of Serbia. It explores for gold and copper deposits. The company holds interests in the Timok East Project comprising three mineral exploration permits and four mineral exploration permit applications located in the eastern fringe of Timok Magmatic Complex; and in the Novo Tlamino Project consisting of three mineral exploration permit applications and two mineral exploration permits located in the SMM Tertiary metallogenic province in the southern Serbia. Electrum Discovery Corp. is headquartered in Vancouver, Canada.

                  Electrum Discovery (ELY) Earnings & Revenues

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