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Eloro Resources
(TSX:ELO)
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Rating:45Neutral
Price Target:
C$1.50
▼(-29.25% Downside)
Action:Reiterated
Date:09/18/26
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and sustained cash burn with weaker TTM cash flows) and bearish technical signals (trading below major moving averages with negative MACD). A strong, low-debt balance sheet provides some support, but valuation is constrained by ongoing losses and no dividend support.
Positive Factors
Very low leverage
Extremely low debt limits interest obligations and reduces balance-sheet pressure while the company funds exploration. This gives management greater flexibility to preserve capital, pursue technical work, and respond to financing needs without the added constraints associated with material leverage.
Negative Factors
No revenue and persistent losses
A continuing absence of revenue means the company has not yet established an operating income base to fund exploration internally. Persistent losses leave results dependent on project advancement and future financing, limiting earnings visibility and making profitability highly contingent on successful development.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
Extremely low debt limits interest obligations and reduces balance-sheet pressure while the company funds exploration. This gives management greater flexibility to preserve capital, pursue technical work, and respond to financing needs without the added constraints associated with material leverage.
Read all positive factors
Eloro Resources (ELO) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$155.57M
Dividend YieldN/A
Average Volume (3M)104.69K
Price to Earnings (P/E)―
Beta (1Y)2.73
Revenue GrowthN/A
EPS Growth-14.08%
CountryCA
Employees39
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.08
Shares Outstanding119,669,840
10 Day Avg. Volume116,147
30 Day Avg. Volume104,686
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)2.14
Price to Sales (P/S)0.00
P/FCF Ratio-45.92
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)-0.48
Revenue Forecast (FY)N/A
Eloro Resources Business Overview & Revenue Model
Company Description
Eloro Resources Ltd. specializes in the discovery and advancement of mineral resources. The company actively seeks out deposits containing a wide array of valuable commodities, such as gold, silver, iron ore, zinc, tin, lead, and lithium. A signif...
Eloro Resources Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -44.35K | -44.35K | -44.35K | -44.35K | -44.35K | -43.06K |
| EBITDA | -8.59M | -7.99M | -3.72M | -16.95M | -8.07M | -7.00M |
| Net Income | -8.83M | -8.04M | -3.77M | -17.01M | -7.99M | -7.11M |
Balance Sheet | ||||||
| Total Assets | 95.28M | 96.81M | 59.46M | 59.36M | 58.49M | 37.90M |
| Cash, Cash Equivalents and Short-Term Investments | 22.16M | 25.26M | 624.23K | 4.06M | 8.83M | 9.45M |
| Total Debt | 26.25K | 39.08K | 88.18K | 133.95K | 176.59K | 216.27K |
| Total Liabilities | 1.00M | 1.65M | 1.35M | 2.45M | 1.87M | 1.24M |
| Stockholders Equity | 94.27M | 95.16M | 58.11M | 56.91M | 56.62M | 36.66M |
Cash Flow | ||||||
| Free Cash Flow | -11.16M | -4.43M | -7.06M | -14.68M | -23.67M | -20.47M |
| Operating Cash Flow | -4.94M | -4.43M | -1.87M | -2.42M | -3.81M | -3.33M |
| Investing Cash Flow | -13.02M | -12.89M | -5.18M | -13.06M | -20.24M | -17.39M |
| Financing Cash Flow | 35.03M | 41.83M | 3.97M | 9.87M | 23.34M | 1.83M |
Eloro Resources Technical Analysis
Negative
2.12
Price Trends
1.77
Negative
1.78
Negative
2.10
Negative
Market Momentum
-0.13
Positive
27.48
Positive
19.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ELO, the sentiment is Negative. The current price of 2.12 is above the 20-day moving average (MA) of 1.51, above the 50-day MA of 1.77, and above the 200-day MA of 2.10, indicating a bearish trend. The MACD of -0.13 indicates Positive momentum. The RSI at 27.48 is Positive, neither overbought nor oversold. The STOCH value of 19.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELO.
Eloro Resources 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% | |
45 Neutral | C$155.57M | -16.56 | -10.33% | ― | ― | -14.08% | |
45 Neutral | C$188.15M | -9.14 | -16.60% | 769.23% | ― | 38.12% | |
45 Neutral | C$320.23M | -53.79 | -4.25% | ― | ― | -101.53% | |
43 Neutral | C$516.96M | -43.46 | -33.19% | ― | ― | -12.04% |
* Basic Materials Sector Average
TSE:ELO
Eloro Resources
1.30
-0.07
-5.11%
TSE:BSX
Belo Sun Mining
0.93
0.62
200.00%
TSE:STLR
STLLR Gold
1.24
-0.11
-8.15%
TSE:WGO
White Gold
1.42
0.51
56.04%
TSE:CERT
Cerrado Gold
2.21
0.89
66.79%
Eloro Resources Corporate Events
Business Operations and Strategy
Eloro Resources Expands High-Grade Polymetallic Zones at Bolivia’s Iska Iska Project
Positive
Oct 7, 2026
Eloro Resources has reported encouraging assay results from three expansion diamond drill holes at its Iska Iska project in southern Bolivia, part of a 10,000-metre program designed to grow and upgrade Indicated Mineral Resources ahead of a planne...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Eloro Resources Shareholders Back Board Slate and Auditor at 2026 AGM
Positive
Sep 30, 2026
Eloro Resources reported shareholder voting results from its virtual annual and general meeting held on September 30, 2026, with 40.95% of outstanding common shares represented. Shareholders overwhelmingly approved the election of seven director n...
Business Operations and StrategyExecutive/Board Changes
Eloro Resources Launches Hong Kong Hub to Court Asian Investors
Positive
Sep 17, 2026
Eloro Resources is deepening its presence in Asian capital markets with the creation of a wholly owned Hong Kong subsidiary, Eloro Resources (Asia) Ltd., to serve as a regional hub for project development support, concentrate sales and marketing, ...
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.