Silver Elephant Mining (ELEF) AI Stock Analysis

• Market Cap: C$8.92M
• Dividend Yield: N/A
• Average Volume (3M): 46.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.66
• Revenue Growth: N/A
• EPS Growth: -701.60%
• Country: CA
• Employees: 20
• Sector: Basic Materials
• Sector Strength: 63
• Industry: Industrial Materials
• EPS (TTM): -0.30
• Shares Outstanding: 41,499,790
• 10 Day Avg. Volume: 29,794
• 30 Day Avg. Volume: 46,399
• 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

Silver Elephant Mining faces significant financial challenges with zero revenue and mounting losses, which heavily impact its overall stock score. Technical analysis shows some short-term stability but a longer-term bearish trend. Valuation concerns due to a negative P/E ratio and lack of dividends further weigh on the score. Mixed corporate events add complexity, with financial initiatives slightly balancing operational setbacks. Overall, the stock presents high risk with limited immediate upside.

Silver Elephant Mining Business Overview & Revenue Model

Company Description

Silver Elephant Mining Corp. (ELEF) is a mineral exploration and mining company focused on the acquisition, exploration, and development of precious metal properties. Primarily engaged in the mining sector, the company operates in jurisdictions known for significant mineral potential, with a focus on silver and nickel. Silver Elephant Mining's core activities include the development of its flagship Pulacayo silver project in Bolivia and its Minago nickel project in Canada, as well as the exploration of other mineral assets across the globe.

How the Company Makes Money

Silver Elephant Mining generates revenue through the exploration, development, and eventual extraction and sale of mineral resources, particularly silver and nickel. The company identifies and acquires mineral-rich properties with high potential for economic extraction. Upon successful exploration and development of these properties, Silver Elephant Mining either enters into production, extracting and selling the mined minerals, or forms strategic partnerships and joint ventures to develop the mining operations further. Additionally, the company may generate revenue through the sale of mining rights or interests in its properties to other mining companies. These activities are supported by capital raised through equity offerings, debt financing, and, occasionally, partnerships with other mining entities or investment firms.

Silver Elephant Mining Financial Statement Overview

Summary

Silver Elephant Mining is struggling financially, with zero revenue and significant losses. The balance sheet shows moderate leverage but declining equity, while cash flows are negative, indicating liquidity constraints. The company faces substantial challenges that need strategic attention.

Income Statement

The company has consistently reported zero revenue, which is concerning for sustainability. The net losses are significant, with a worsening trend in the latest year. Negative EBIT and EBITDA margins indicate operational inefficiencies.

Balance Sheet

The company has a moderate debt-to-equity ratio due to the presence of some debt, but the equity ratio remains acceptable. The declining trend in stockholders' equity suggests financial instability.

Cash Flow

The free cash flow is negative, indicating potential liquidity issues. Operating cash flows are consistently negative, suggesting challenges in generating cash from operations.

Breakdown
Mar 2024	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
-543.14K	-151.29K	-22.06K	-41.12K	-65.16K
	EBIT
-7.02M	-7.98M	-4.63M	-3.34M	-3.63M
	EBITDA
-6.48M	-7.82M	-4.54M	-3.28M	-3.56M
	Net Income Common Stockholders
-6.54M	-11.55M	-7.93M	-5.27M	17.51M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.21M	1.04M	579.51K	7.61M	3.02M
	Total Assets
50.74M	88.14M	62.05M	39.83M	27.45M
	Total Debt
4.02M	4.05M	0.00	20.53K	52.82K
	Net Debt
1.81M	3.02M	-579.51K	-7.59M	-2.96M
	Total Liabilities
15.44M	9.57M	11.36M	2.47M	2.74M
	Stockholders Equity
21.93M	30.13M	49.19M	37.36M	24.71M
Cash Flow		Free Cash Flow
-2.09M	-14.69M	-17.40M	-9.00M	-8.91M
	Operating Cash Flow
-260.08K	-5.25M	-2.19M	-2.55M	-2.68M
	Investing Cash Flow
-1.86M	-7.39M	-15.43M	-6.40M	-6.24M
	Financing Cash Flow
2.83M	13.09M	18.11M	13.54M	6.63M

Silver Elephant Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELEF, the sentiment is Negative. The current price of 0.21 is below the 20-day moving average (MA) of 0.24, below the 50-day MA of 0.23, and below the 200-day MA of 0.36, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 44.90 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELEF.

Silver Elephant Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVM	76 Outperform	$1.15B	9.98	11.68%	0.66%	31.23%	110.49%
BTO	71 Outperform	$5.78B	―	-18.54%	4.42%	-0.18%	-2195.85%
IVN	69 Neutral	$18.61B	31.19	9.67%	―	―	137.28%
LUN	66 Neutral	$10.33B	25.63	0.24%	2.99%	-2.71%	-188.94%
Sector *	49 Neutral	$1.96B	-1.23	-21.20%	3.72%	0.95%	-28.96%
ELEF	39 Underperform	C$8.92M	―	-42.82%	―	―	-701.60%
ELO	36 Underperform	C$87.70M	―	-17.56%	―	―	13.39%

Silver Elephant Mining Corporate Events

Silver Elephant Expands Private Placement to Boost Financial Position

Silver Elephant Mining Corp. has increased its non-brokered private placement to $465,000, involving the issuance of 3,100,000 units at $0.15 per unit. Each unit comprises one common share and a warrant for additional shares, with the increase pending Toronto Stock Exchange approval. This expansion in funding could enhance the company’s financial position, potentially impacting its operational capabilities and market standing.

Silver Elephant Expands Private Placement and Closes Initial Tranche

Silver Elephant Mining Corp. has announced an increase in its non-brokered private placement to $420,000, closing the first tranche with proceeds of $330,000. The funds from this initiative are expected to support general corporate purposes. This strategic financial move signifies the company’s efforts to bolster its capital, potentially enhancing its market position and operations within the mineral exploration sector.

Silver Elephant Announces $300,000 Private Placement

Silver Elephant Mining Corp. announced a non-brokered private placement to raise $300,000 by selling 2,000,000 units at $0.15 each. The proceeds are to be used for general corporate purposes, with the placement subject to TSX approval. A director will subscribe to a substantial portion, and related party transactions are involved, reported as per regulatory requirements.

Silver Elephant Faces Contract Cancellation Dispute

Silver Elephant Mining Corp. has received a cancellation notice of its Pulacayo Mining Production Contract from Comibol, citing alleged illegal mining activities. The company, however, maintains it has operated lawfully and plans to appeal the decision, while continuing its development efforts at the nearby Apuradita concession.

Silver Elephant Mines Paca Silver for Profit

Silver Elephant Mining Corp reported the delivery of over 24,000 tonnes of silver-rich materials from its Paca project in November 2024, marking another milestone in its ongoing operation. The company continues its strong production performance, aiming to sell up to 800,000 tonnes to Andean Precious Metals Corp, which could generate between $5 million and $7 million. This strategic move is expected to maintain Silver Elephant’s debt-free status, appealing to investors interested in stable financials.

Silver Elephant Mining Sets New Production Record

Silver Elephant Mining has achieved a new monthly production record in October 2024 by mining 31,693 tonnes of silver oxide materials from its Paca project. The company plans to sell up to 800,000 tonnes to Andean Precious Metals, expecting to receive $2.5 million by January 2025 while maintaining a debt-free position.