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Electric Royalties
(ELEC)
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Rating:49Neutral
Price Target:
C$0.13
▲(7.50% Upside)
Action:Reiterated
Date:09/06/26
The score is primarily held back by weak fundamentals: persistent losses, negative operating/free cash flow, and increased leverage. Technicals provide a modest offset with improving short- to mid-term trend and positive MACD, but valuation support is limited due to a negative P/E and no dividend yield provided.
Positive Factors
Rapid revenue growth
The sharp increase in trailing revenue indicates that the royalty portfolio is beginning to generate materially greater commercial activity. Although the current base is small, continued conversion of interests into producing assets could improve operating leverage and establish a stronger recurring revenue foundation.
Negative Factors
Persistent unprofitability
The company has not yet demonstrated positive economics from its revenue base. Negative gross profit and continuing operating losses mean growth is not currently translating into sustainable earnings, which may constrain reinvestment capacity and delay self-funded expansion of the royalty portfolio.
Read all positive and negative factors
Positive Factors
Negative Factors
Rapid revenue growth
The sharp increase in trailing revenue indicates that the royalty portfolio is beginning to generate materially greater commercial activity. Although the current base is small, continued conversion of interests into producing assets could improve operating leverage and establish a stronger recurring revenue foundation.
Read all positive factors
Electric Royalties (ELEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$18.03M
Dividend YieldN/A
Average Volume (3M)47.35K
Price to Earnings (P/E)―
Beta (1Y)-0.65
Revenue Growth89.53%
EPS Growth-16.40%
CountryCA
Employees1
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-0.07
Shares Outstanding138,671,740
10 Day Avg. Volume54,032
30 Day Avg. Volume47,348
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)3.24
Price to Sales (P/S)50.05
P/FCF Ratio-6.79
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
Based in Vancouver, Canada, Electric Royalties Ltd. is dedicated to obtaining royalty interests in mining ventures and future developments. The firm primarily concentrates its efforts on a range of essential commodities, including lithium, vanadiu...
How the Company Makes Money
Electric Royalties makes money primarily by collecting payments generated from its portfolio of royalty interests when the underlying third-party mining projects produce and sell minerals. These royalty structures typically entitle the company to ...
Electric Royalties Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
32
Negative
Cash Flow
22
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Dec 2022 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 400.61K | 323.57K | 31.14K | 165.81K | 0.00 | 0.00 |
| Gross Profit | -416.86K | -647.55K | 11.01K | -289.69K | -6.82K | -4.54K |
| EBITDA | -1.19M | -7.71M | -5.42M | -5.60M | -2.07M | -2.26M |
| Net Income | -8.86M | -9.38M | -6.36M | -6.00M | -1.92M | -2.30M |
Balance Sheet | ||||||
| Total Assets | 14.25M | 14.48M | 20.16M | 18.01M | 18.41M | 15.54M |
| Cash, Cash Equivalents and Short-Term Investments | 456.43K | 839.53K | 28.08K | 442.52K | 1.24M | 2.10M |
| Total Debt | 9.48M | 9.28M | 9.19M | 4.36M | 25.32K | 30.51K |
| Total Liabilities | 9.71M | 9.48M | 10.43M | 4.49M | 155.64K | 367.73K |
| Stockholders Equity | 4.54M | 5.00M | 9.74M | 13.52M | 18.25M | 15.17M |
Cash Flow | ||||||
| Free Cash Flow | -779.57K | -2.39M | -6.13M | -5.34M | -3.99M | -2.00M |
| Operating Cash Flow | -828.28K | -1.94M | -1.18M | -1.38M | -2.04M | -1.50M |
| Investing Cash Flow | 71.00K | -271.00K | -4.72M | -3.85M | -1.64M | -1.01M |
| Financing Cash Flow | 923.25K | 3.02M | 5.48M | 4.44M | 2.82M | 2.03M |
Electric Royalties Technical Analysis
Positive
0.12
Price Trends
0.11
Positive
0.12
Positive
0.14
Negative
Market Momentum
<0.01
Positive
57.45
Neutral
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEC, the sentiment is Positive. The current price of 0.12 is below the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and below the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 57.45 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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% | |
49 Neutral | C$18.03M | -1.80 | -146.90% | ― | 89.53% | -16.40% | |
47 Neutral | C$15.67M | -0.59 | -66.28% | ― | ― | -10.86% | |
43 Neutral | C$24.38M | -10.31 | -103.03% | ― | ― | 3.00% | |
40 Underperform | C$2.90M | -1.05 | -62.37% | ― | ― | 9.43% | |
40 Underperform | C$4.31M | -7.94 | -21.92% | ― | ― | 6.64% |
* Basic Materials Sector Average
TSE:ELEC
Electric Royalties
0.13
0.00
0.00%
TSE:LIT
Argentina Lithium & Energy
0.09
0.00
0.00%
TSE:MN
Manganese X Energy Corp
0.10
0.04
53.85%
TSE:CELL
Grid Battery Metals
0.02
-0.02
-57.14%
TSE:AVE
Vital Battery Metals, Inc.
0.05
-0.20
-80.00%
Electric Royalties Corporate Events
Business Operations and StrategyFinancial Disclosures
Electric Royalties Sees Portfolio-Wide Advances as Punitaqui Margins Climb
Positive
Aug 27, 2026
Electric Royalties reported broad operational and development progress across its critical metals royalty portfolio, highlighting improved performance at the Punitaqui copper mine, where higher copper prices and increased concentrate sales lifted ...
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.