Elevate Uranium Ltd (EL8) AI Stock Analysis

• Market Cap: AU$104.12M
• Dividend Yield: N/A
• Average Volume (3M): 871.66K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.69
• Revenue Growth: N/A
• EPS Growth: -49.15%
• Country: AU
• Employees: N/A
• Sector: Energy
• Sector Strength: 47
• Industry: Uranium
• EPS (TTM): -0.04
• Shares Outstanding: 385,615,800
• 10 Day Avg. Volume: 770,579
• 30 Day Avg. Volume: 871,659
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• 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

Elevate Uranium Ltd faces significant financial challenges with consistent operational losses, negative cash flows, and an inability to generate revenue. While the company's low leverage and cash reserves offer some stability, the overall financial health is concerning. The technical analysis provides a mixed view, and the negative valuation further underscores the risks. These factors combined result in a low overall stock score.

Elevate Uranium Ltd Business Overview & Revenue Model

Company Description

Elevate Uranium Ltd (EL8) is a uranium exploration and development company primarily engaged in the identification, acquisition, exploration, and development of uranium projects. The company focuses on projects located in Namibia and Australia, where it aims to leverage its expertise to discover and develop high-quality uranium resources. Elevate Uranium Ltd is dedicated to contributing to the energy sector by supplying uranium for nuclear power generation, thereby supporting clean and sustainable energy initiatives.

How the Company Makes Money

Elevate Uranium Ltd generates revenue primarily through the exploration and development of uranium resources. Its revenue model is largely based on locating and developing uranium deposits, which can then be sold to companies operating in the nuclear energy sector. The company may engage in partnerships or joint ventures with other mining and energy companies to share expertise, resources, and risks associated with uranium exploration and development. Additionally, Elevate Uranium Ltd may also generate income from the sale of exploration rights or through strategic alliances aimed at advancing its project portfolio. As the demand for clean energy grows, the company positions itself to benefit from an increased need for uranium as a fuel for nuclear power generation.

Elevate Uranium Ltd Financial Statement Overview

Summary

Elevate Uranium Ltd's financial statements reflect significant challenges in revenue generation and profitability, with consistent operational losses. The low leverage and adequate cash reserves provide some stability, but the company's inability to produce positive cash flows and returns on equity raises concerns about its long-term financial health. Overall, the company faces substantial hurdles in achieving sustainable growth and profitability.

Income Statement

Elevate Uranium Ltd has reported zero revenue consistently over the years, reflecting the challenges faced in generating income. The company has negative EBIT and net income, indicating ongoing operational losses. The absence of revenue growth and negative profitability margins significantly impact the evaluation, resulting in a low income statement score.

Balance Sheet

The company maintains a relatively low debt-to-equity ratio, suggesting limited leverage, which is a positive sign for stability. However, the company's return on equity is negative due to persistent losses, and the equity ratio remains moderate. The balance sheet displays reasonable cash reserves and equity levels, but ongoing losses highlight potential sustainability concerns.

Cash Flow

Elevate Uranium Ltd exhibits negative free cash flow and operating cash flow, reflecting cash outflows from operations. Although there is a history of positive financing cash flow, primarily through capital raising, the inability to generate positive operational cash flow impacts the sustainability of its cash position. This results in a low cash flow score.

Breakdown
Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	―
	Gross Profit
-121.67K	-117.68K	-85.52K	-54.29K	―
	EBIT
-10.49M	-7.89M	-5.77M	-2.69M	-1.87M
	EBITDA
-10.62M	-8.51M	-5.68M	-2.66M	-1.72M
	Net Income Common Stockholders
-10.75M	-8.63M	-5.73M	-2.60M	-1.66M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
10.83M	10.06M	15.81M	6.66M	1.06M
	Total Assets
13.26M	12.54M	19.33M	9.96M	4.36M
	Total Debt
74.21K	146.03K	177.27K	99.29K	65.24K
	Net Debt
-10.76M	-9.91M	-15.63M	-6.56M	-997.73K
	Total Liabilities
1.48M	1.02M	838.59K	429.54K	435.00K
	Stockholders Equity
11.78M	11.52M	18.49M	9.53M	3.92M
Cash Flow		Free Cash Flow
-9.31M	-5.90M	-4.49M	-2.40M	-1.75M
	Operating Cash Flow
-9.24M	-5.83M	-4.38M	-2.33M	-1.45M
	Investing Cash Flow
-73.79K	-74.52K	-137.62K	-61.28K	-302.25K
	Financing Cash Flow
10.09M	158.86K	13.67M	7.99M	2.33M

Elevate Uranium Ltd Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.26
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:EL8, the sentiment is Positive. The current price of 0.26 is above the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.23, and below the 200-day MA of 0.29, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 58.46 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:EL8.

Elevate Uranium Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	56 Neutral	$6.99B	3.72	-4.39%	5.96%	-0.24%	-48.44%
BOE	52 Neutral	$1.49B	22.85	-4.52%	―	―	-127.09%
AGE	45 Neutral	AU$120.08M	―	-5.22%	―	―	―
PDN	45 Neutral	$2.48B	28.42	-1.76%	―	―	-119.85%
DYL	45 Neutral	$1.15B	―	-1.42%	―	-97.09%	49.32%
ERA	34 Underperform	AU$810.79M	―		―	―	88.27%
EL8	29 Underperform	AU$104.12M	―	-60.48%	―	―	-49.15%

Elevate Uranium Ltd Corporate Events

Elevate Uranium Advances Demonstration Plant and Expands Resource Base

Elevate Uranium Ltd announced progress on its U-pgrade™ Demonstration Plant, which is on track for completion by mid-2025. This plant aims to validate the company’s beneficiation process, with potential implications for future commercial operations. Concurrently, extensive drilling activities at the Koppies Uranium Project are ongoing, with significant resource growth expected to enhance the project’s viability. The appointment of Scott Perry as Non-Executive Chairman and a 12% increase in the Bigrlyi Mineral Resource further bolster the company’s strategic positioning in the uranium market.

Elevate Uranium Clarifies JORC Compliance for U-pgradeTM Process

Elevate Uranium Ltd has issued a clarification regarding the JORC compliance of ore samples used in developing its U-pgradeTM beneficiation process. This process significantly enhances the concentration of uranium ore from the Marenica Uranium Project in Namibia, increasing the ore grade from 93 ppm U3O8 to over 5,000 ppm U3O8. The announcement confirms the validity of previously reported outcomes and underscores the company’s commitment to innovation in processing low-grade uranium resources, potentially strengthening its position in the global uranium market.

Elevate Uranium Appoints New Director Scott Perry

Elevate Uranium Limited has announced the appointment of Scott Perry as a new director, effective March 27, 2025. This appointment is a strategic move for the company, potentially strengthening its leadership team and enhancing its operations in the uranium market. The announcement does not indicate any immediate changes to Perry’s financial interests in the company, as he currently holds no securities or contracts related to Elevate Uranium.

Elevate Uranium Appoints Scott Perry as New Chairman

Elevate Uranium Ltd has appointed Scott Perry as the new Chairman, succeeding Andrew Bantock. Perry’s extensive experience in the mining sector, including transforming Centerra Gold into a C$3 billion company, is expected to significantly benefit Elevate Uranium as it progresses its Koppies Uranium Project and U-pgradeTM plant. The company is well-positioned for strategic growth, with strong funding and leadership in place.

Elevate Uranium Advances U-pgrade™ Plant and Koppies Project

Elevate Uranium Ltd announced progress on its U-pgrade™ Demonstration Plant, which is set to be completed by mid-2025. The plant, constructed by Fremantle Metallurgy Pty Ltd, will test the U-pgrade™ beneficiation process to concentrate uranium mineral efficiently, potentially leading to a full-scale commercial plant. Concurrently, resource growth drilling at the Koppies Uranium Project’s Namib IV site continues, which could enhance the project’s resource base and extend its mine life.

Elevate Uranium Ltd Releases Half-Year Financial Report

Elevate Uranium Ltd has released its half-year financial report for the period ending December 31, 2024. The report includes various financial statements such as the consolidated statement of profit or loss, financial position, changes in equity, and cash flows, along with notes and an independent auditor’s review. This financial disclosure provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which can impact investor confidence and market positioning.

Cumulus Wealth Acquires Substantial Stake in Elevate Uranium

Cumulus Wealth Pty Ltd has become a substantial shareholder in Elevate Uranium Ltd, holding a 5.27% voting power through managed discretionary account services. This development signifies a notable investment in Elevate Uranium, potentially impacting its market position and stakeholder interests by aligning with a significant financial entity.

Elevate Uranium Reports 12% Increase in Bigrlyi Uranium Resource

Elevate Uranium Ltd has announced a 12% increase in the mineral resource estimate for the Bigrlyi Uranium Project, following recent drilling results. This update brings the total uranium content to 10.9kt U3O8, with 20% of the resource now classified as Measured, enhancing geological confidence. The increase in resources strengthens Elevate Uranium’s position in the uranium market and highlights the potential for further growth through ongoing exploration efforts.

Elevate Uranium Ltd Strengthens Industry Position with Significant Discoveries

Elevate Uranium Ltd is focused on developing globally significant uranium resources, with a dedicated portfolio that includes multiple high-grade prospects in Namibia and Australia. The company has made four significant discoveries in four years, with a total of 160 million pounds of uranium resources globally. This announcement underscores the company’s strong position in the uranium industry and its potential to enhance its market presence, benefiting stakeholders and contributing to the industry’s resource supply.