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Electric Royalties (ELEC) AI Stock Analysis

TSE:ELEC

Electric Royalties

(TSXV:ELEC)

Select Model
Rating:43Neutral
Price Target:CAD 0.10â–¼(-8.18% Downside)
Action:reiterated
Date:10/08/26

Electric Royalties receives a low overall score primarily due to very weak profitability, rising leverage, and ongoing negative cash flows, which indicate a high-risk financial profile. Secondary factors include a mixed technical setup with the price below key moving averages and only neutral momentum, and limited valuation support given negative earnings and the absence of a dividend.

Positive Factors
Royalty-Focused ModelA royalty-focused structure can provide exposure to mining production without requiring the company to operate mines directly. This may support scalability and lower operating complexity, while allowing value creation as underlying projects are financed, developed, and brought into production.
Negative Factors
Persistent UnprofitabilityThe company has not yet demonstrated positive economics from its revenue base, with negative gross profit and continuing operating and net losses. Persistent unprofitability can erode equity, restrict internally funded growth, and make progress dependent on successful portfolio development or outside financing.

Electric Royalties (ELEC) vs. iShares MSCI Canada ETF (EWC)

-30%-20%-10%0%10%20%30%40%50%TSE:ELEC-15.38%EWC+23.59%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 10.30M
Dividend Yield
―
Average Volume (3M)
45.90K
Price to Earnings (P/E)
-1.5
Beta (1Y)
-0.54
Revenue Growth
89.53%
EPS Growth
-16.40%
Country
Canada
Employees
1
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

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, vanadium,...

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 rec...

Electric Royalties Financial Statement Overview

Summary

Financial performance is very weak, with small revenues, deeply negative margins, rising leverage, and persistent cash burn, despite modest recent improvements in operating cash flows and net losses.

Income Statement

18Very Negative

Balance Sheet

25Negative

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMMar 2026Mar 2025Mar 2024Dec 2022Mar 2022
Income Statement
Total Revenue400.61K323.57K31.14K165.81K00
Gross Profit-416.86K-647.55K11.01K-289.69K-6,815-4,542
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 Assets14.25M14.48M20.16M18.01M18.41M15.54M
Cash, Cash Equivalents and Short-Term Investments456.43K839.53K28.08K442.52K1.24M2.10M
Total Debt9.48M9.28M9.19M4.36M25.32K30.51K
Total Liabilities9.71M9.48M10.43M4.49M155.64K367.73K
Stockholders Equity4.54M5.00M9.74M13.52M18.25M15.17M
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 Flow71.00K-271.00K-4.72M-3.85M-1.64M-1.01M
Financing Cash Flow923.25K3.02M5.48M4.44M2.82M2.03M

Electric Royalties Technical Analysis

Technical Analysis SentimentNegative
Last Price0.11

Price Trends

50DMA0.12Negative
100DMA0.12Negative
200DMA0.13Negative

Market Momentum

MACD-0.00Negative
RSI46.89Neutral
STOCH55.56Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEC, the sentiment is Negative. The current price of 0.11 is below the 20-day moving average (MA) of 0.11, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of -0.00 indicates Negative momentum. The RSI at 46.89 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELEC.

Electric Royalties Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

TSE:ELEC against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
TSE:LITTSE:LIT43NeutralCAD 10.97M-0.42-66.28%――-10.86%
TSE:MNTSE:MN43NeutralCAD 19.50M-8.25-103.03%――3.00%
TSE:ELECTSE:ELEC43NeutralCAD 15.25M-1.52-146.90%―89.53%-16.40%
TSE:CELLTSE:CELL42NeutralCAD 1.93M-1.64-28.86%―――
TSE:AVETSE:AVE40UnderperformCAD 3.49M-7.94-21.92%――35.30%

* Basic Materials Sector Average

Performance Comparison

-50%0%50%100%TSE:ELECTSE:LITTSE:MNTSE:CELLTSE:AVEDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ELEC and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ELECElectric Royalties Ltd.0.11-0.02-15.38%
TSE:LITArgentina Lithium & Energy0.06-0.05-42.73%
TSE:MNManganese X Energy Corp0.08-0.03-27.27%
TSE:CELLGrid Battery Metals Inc0.01-0.03-71.43%
TSE:AVEVital Battery Metals, Inc.0.37-3.53-90.51%

Electric Royalties Corporate Events

Business Operations and StrategyPrivate Placements and Financing

Electric Royalties Sees Portfolio Progress as Key Critical Metals Projects Advance

Positive
Sep 17, 2026

Electric Royalties reported permitting advances, exploration results and corporate developments across several royalty-linked critical metals projects, underscoring incremental progress in its diversified portfolio. The update highlights activity at...

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 rev...

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.

Date of analysis: Oct 08, 2026