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Electric Royalties
(ELEC)
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Rating:47Neutral
Price Target:
C$0.11
▼(-5.83% Downside)
Action:Reiterated
Date:10/08/26
The score is held down mainly by weak financial performance (persistent losses, negative cash flow, and higher leverage). Technicals are only mildly supportive with mixed momentum and a weak longer-term trend, while valuation remains constrained by a negative P/E that reflects ongoing unprofitability.
Positive Factors
Strong Revenue Growth
The sharp increase in trailing revenue indicates that the royalty portfolio is beginning to scale from a small base. Continued growth could improve operating leverage and strengthen the company’s ability to build recurring exposure to electrification-related mineral production.
Negative Factors
Persistent Unprofitability
Negative gross profit and continuing operating losses show that current revenue is not yet producing positive underlying economics. If this persists, the company may struggle to compound its royalty portfolio internally and could require additional financing to sustain operations.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Growth
The sharp increase in trailing revenue indicates that the royalty portfolio is beginning to scale from a small base. Continued growth could improve operating leverage and strengthen the company’s ability to build recurring exposure to electrification-related mineral production.
Read all positive factors
Electric Royalties (ELEC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$18.03M
Dividend YieldN/A
Average Volume (3M)33.28K
Price to Earnings (P/E)―
Beta (1Y)-0.55
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. Volume18,328
30 Day Avg. Volume33,283
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
Negative
0.12
Price Trends
0.12
Negative
0.12
Negative
0.13
Negative
Market Momentum
<0.01
Positive
43.74
Neutral
66.67
Neutral
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 0.12 is below the 20-day moving average (MA) of 0.13, below the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a bearish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 43.74 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 Negative 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% | |
47 Neutral | C$18.03M | -1.59 | -146.90% | ― | 89.53% | -16.40% | |
47 Neutral | C$13.92M | -0.49 | -66.28% | ― | ― | -10.86% | |
44 Neutral | C$23.16M | -9.28 | -103.03% | ― | ― | 3.00% | |
40 Underperform | C$1.93M | -2.46 | -28.86% | ― | ― | 9.43% | |
40 Underperform | C$5.09M | -7.94 | -21.92% | ― | ― | 6.65% |
* Basic Materials Sector Average
TSE:ELEC
Electric Royalties
0.12
-0.03
-20.69%
TSE:LIT
Argentina Lithium & Energy
0.08
-0.05
-37.50%
TSE:MN
Manganese X Energy Corp
0.09
0.02
38.46%
TSE:CELL
Grid Battery Metals
0.02
-0.03
-62.50%
TSE:AVE
Vital Battery Metals, Inc.
0.49
-3.21
-86.76%
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 ...
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.