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Silver Elephant Mining (ELEF) AI Stock Analysis

TSE:ELEF

Silver Elephant Mining

(TSX:ELEF)

Select Model
Rating:49Neutral
Price Target:CAD 0.13â–¼(-0.77% Downside)
Action:reiterated
Date:10/17/26

The score is primarily constrained by persistently negative operating and free cash flow, minimal recurring revenue, and volatile profitability. Low leverage and moderately constructive technical indicators provide support, while the very low P/E ratio receives limited credit because earnings quality appears weak.

Positive Factors
Extremely low leverageThe extremely low debt burden reduces interest and refinancing pressure, giving Silver Elephant greater flexibility while it advances its projects. A conservative capital structure can also help preserve strategic options during periods when exploration spending continues but operating cash generation remains limited.
Negative Factors
No operating revenueZero reported revenue and negative gross profit indicate that Silver Elephant has not yet demonstrated a recurring operating business capable of funding itself. This makes current profitability difficult to interpret and leaves future financial performance dependent on project advancement and eventual commercialization.

Silver Elephant Mining (ELEF) vs. iShares MSCI Canada ETF (EWC)

-60%-40%-20%0%20%40%60%TSE:ELEF-48.00%EWC+23.59%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
CAD 7.48M
Dividend Yield
―
Average Volume (3M)
67.35K
Price to Earnings (P/E)
0.3
Beta (1Y)
2.47
Revenue Growth
―
EPS Growth
―
Country
Canada
Employees
26
Sector
Basic Materials
Sector Strength
61
Industry
Industrial Materials

Silver Elephant Mining Business Overview & Revenue Model

Company Description

Silver Elephant Mining Corp. operates as an exploration-stage entity, engaged in the acquisition, discovery, and development of various mineral and energy projects. The company's exploration portfolio spans a wide range of commodities, including prec...

Silver Elephant Mining Financial Statement Overview

Summary

Financial performance is weak overall: the income statement score is 40, balance sheet score is 55, and cash flow score is 30. Recent reported profits are volatile and appear reliant on non-recurring items, while operating and free cash flow remain consistently negative. Low leverage provides some support.

Income Statement

40Negative

Balance Sheet

55Neutral

Cash Flow

30Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue000000
Gross Profit-123.25K-123.25K-87.34K-543.14K-151.29K-22.06K
EBITDA23.20M23.19M-3.83M-6.48M-7.82M-4.54M
Net Income18.81M18.81M-8.23M-6.54M-11.55M-7.93M
Balance Sheet
Total Assets23.37M23.37M23.12M50.74M88.14M62.05M
Cash, Cash Equivalents and Short-Term Investments244.13K244.13K271.84K2.21M1.04M579.51K
Total Debt64.39K64.39K54.61K4.02M4.05M0
Total Liabilities6.85M6.85M33.01M15.44M9.57M11.36M
Stockholders Equity16.53M16.53M-9.61M21.93M30.13M49.19M
Cash Flow
Free Cash Flow-2.83M-2.83M-4.46M-2.09M-14.69M-17.40M
Operating Cash Flow-2.50M-2.50M-3.60M-260.08K-5.25M-2.19M
Investing Cash Flow-1.07M-1.07M-948.70K-1.86M-7.39M-15.43M
Financing Cash Flow2.58M2.58M2.63M2.83M13.09M18.11M

Silver Elephant Mining Technical Analysis

Technical Analysis SentimentNegative
Last Price0.13

Price Trends

50DMA0.14Negative
100DMA0.14Negative
200DMA0.17Negative

Market Momentum

MACD-0.00Positive
RSI43.06Neutral
STOCH6.06Positive

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 0.13 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.14, and below the 200-day MA of 0.17, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 43.06 is Neutral, neither overbought nor oversold. The STOCH value of 6.06 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 Risk Analysis

Silver Elephant Mining disclosed 1 risk factors in its most recent earnings report. Silver Elephant Mining reported the most risks in the "Legal & Regulatory" category.

Higher RiskSector Avg.Lower RiskFinance & CorporateTech & InnovationLegal & RegulatoryProductionAbility to SellMacro & Political
Legal & Regulatory - Litigation, compliance, new legislation, and taxation risks

Latest Risks Added

0 New Risks

Silver Elephant Mining Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

TSE:ELEF 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:TGOLTSE:TGOL50NeutralCAD 45.73M-63.64-4.84%――56.25%
TSE:STETSE:STE49NeutralCAD 17.44M-9.23-12.64%――53.20%
TSE:ELEFTSE:ELEF49NeutralCAD 7.48M0.27234.70%―――
TSE:SMYTSE:SMY44NeutralCAD 9.35M-10.33-3.27%――50.68%
TSE:CXCTSE:CXC37UnderperformCAD 22.05M-24.33-695.05%―――

* Basic Materials Sector Average

Performance Comparison

0%100%TSE:ELEFTSE:CXCTSE:SMYTSE:STETSE:TGOLTSE:MGMADec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
TSE:ELEF and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TSE:ELEFSilver Elephant Mining Corp0.13-0.12-48.00%
TSE:CXCCMX Gold & Silver0.260.1175.86%
TSE:SMYSearch Minerals0.19-0.39-67.24%
TSE:STEStarr Peak Mining Ltd0.29-0.07-19.44%
TSE:TGOLThunder Gold Corp0.140.07100.00%
TSE:MGMAMagma Silver Corp.0.09-0.16-66.00%

Silver Elephant Mining Corporate Events

Business Operations and StrategyM&A Transactions

Silver Elephant Clears Key Hurdles in Robinson-Lasher Critical Metals Acquisition

Positive
Oct 27, 2026

Silver Elephant Mining Corp. has received exchange approvals and advanced its acquisition of the Robinson-Lasher zinc-germanium-gallium deposit from CleanTech Vanadium Mining Corp., issuing 6.3 million shares and making an initial US$85,000 payment t...

Business Operations and StrategyRegulatory Filings and Compliance

Silver Elephant Advances Robinson-Lasher Zinc-Germanium-Gallium Project with New Technical Report and Core Assays

Positive
Oct 15, 2026

Silver Elephant Mining has retained Mercator Geological Services to prepare an independent NI 43-101 technical report on its Robinson-Lasher zinc-germanium-gallium project in Livingston County, Kentucky. The report, led by veteran geologist Michael C...

Business Operations and StrategyPrivate Placements and Financing

Silver Elephant Raises $840,000 in First Closing of Private Placement

Positive
Oct 13, 2026

Silver Elephant Mining Corp., a mineral exploration company focused on zinc, germanium, gallium and silver projects in Kentucky and Bolivia, has completed the first closing of a non-brokered private placement, issuing 7,000,000 units at $0.12 each fo...

Business Operations and StrategyPrivate Placements and Financing

Silver Elephant Lifts Private Placement to CAD 882,000 for Working Capital

Positive
Sep 29, 2026

Silver Elephant Mining Corp. has increased its previously announced non-brokered private placement to as much as CAD 882,000 through the issuance of up to 7,350,000 units priced at CAD 0.12 each. Each unit comprises one common share and a warrant exe...

Business Operations and StrategyShareholder Meetings

Silver Elephant Shareholders Back All AGM Resolutions, Securing Governance Continuity

Positive
Sep 28, 2026

Silver Elephant Mining Corp., a mineral exploration company with the Robinson-Lasher zinc-germanium-gallium project in Kentucky and the Apuradita silver project in Bolivia, is building a portfolio across key North and South American mining regions. I...

Business Operations and StrategyPrivate Placements and Financing

Silver Elephant plans $840,000 private placement to fund operations

Positive
Sep 3, 2026

Silver Elephant Mining Corp. has arranged a non-brokered private placement to raise $840,000 through the sale of 7,000,000 units at $0.12 each, with every unit comprising one common share and a three-year warrant exercisable at $0.16. The placement,...

Business Operations and StrategyFinancial Disclosures

Silver Elephant Nets US$1.4 Million From Rising-Grade Silver Concentrate Sales

Positive
Aug 21, 2026

Silver Elephant Mining has generated approximately US$1.4 million in cash proceeds in 2026 from the sale of three silver-lead concentrate batches produced at its Apuradita project in Bolivia. The batches, processed via toll milling, totaled 84.7 dry...

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 17, 2026