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Eloro Resources (ELO) AI Stock Analysis
Eloro Resources
(TSX:ELO)
The overall score is very low, driven primarily by a pre-revenue financial profile with accelerating cash burn, despite a strong balance sheet. This is compounded by a deeply bearish technical trend with the stock in oversold territory and a valuation that offers no support due to negative earnings and no dividend. The company's high beta of 2.73 amplifies these risks, making it highly susceptible to market downturns.
Eloro Resources (ELO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 149.59M
- Dividend Yield
- ―
- Average Volume (3M)
- 107.07K
- Price to Earnings (P/E)
- -15.9
- Beta (1Y)
- 2.72
- Revenue Growth
- ―
- EPS Growth
- -14.08%
- Country
- Canada
- Employees
- 39
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
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 significa...
Eloro Resources Financial Statement Overview
Summary
Financial performance is highly polarized. The balance sheet is a major strength with negligible debt and $94.3M in equity, providing a solid funding runway. However, this is offset by critical weaknesses: zero revenue, widening net losses (-$8.8M TTM), and deeply negative free cash flow (-$11.2M). The company is entirely dependent on external financing, representing a high-risk, pre-revenue exploration profile.
Income Statement
1Very NegativeBalance Sheet
75PositiveCash Flow
10Very Negative| Breakdown | TTM | Mar 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| 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
Price Trends
Market Momentum
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 1.27 is below the 20-day moving average (MA) of 1.40, below the 50-day MA of 1.69, and below the 200-day MA of 2.05, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 33.27 is Neutral, neither overbought nor oversold. The STOCH value of 21.36 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ELO.
Eloro Resources Peers Comparison
Overall Rating
TSE:BSX43Neutral
TSE:STLR40Underperform
TSE:WGO39Underperform- TSE:ELO38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:BSX | 43Neutral | CAD 416.90M | -32.24 | -33.19% | ― | ― | -12.04% |
| TSE:STLR | 40Underperform | CAD 168.42M | -8.33 | -16.60% | ― | ― | 38.12% |
| TSE:WGO | 39Underperform | CAD 331.51M | -57.58 | -4.25% | ― | ― | -101.53% |
| TSE:ELO | 38Underperform | CAD 146.00M | -15.92 | -10.33% | ― | ― | -14.08% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:ELO | Eloro Resources | 1.25 | 0.04 | 3.31% | |
| TSE:BSX | Belo Sun Mining | 0.69 | 0.37 | 115.62% | |
| TSE:STLR | Stllr Gold Inc. | 1.13 | -0.14 | -11.02% | |
| TSE:WGO | White Gold Corp | 1.52 | 0.64 | 72.73% | |
| TSE:CERT | Cerrado Gold Inc | 2.15 | 0.78 | 56.93% |
Eloro Resources Corporate Events
Eloro Resources Expands High-Grade Polymetallic Zones at Bolivia’s Iska Iska Project
PositiveEloro 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 planned P...
Eloro Resources Shareholders Back Board Slate and Auditor at 2026 AGM
PositiveEloro 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 nomi...
Eloro Resources Launches Hong Kong Hub to Court Asian Investors
PositiveEloro 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, inv...
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 27, 2026