Elevra Lithium Limited American Depository Shares (ELVR)

FairStock Score: 36/100 — MIXED

Key Financials

Current Price$23.53
Market Cap$1.4B
P/E Ratio8.78
ROE8.55%
Dividend Yield—%
SectorBasic Materials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Elevra is a mineral explorer and developer—lithium, graphite, and gold—with its flagship North American Lithium project in Quebec. That is a capital-intensive, commodity business. I see no evidence in the supplied data of a durable moat; prices are set by markets, not by the company. The financial picture is mixed. At the 2026-10-13 close of $30.13, FairStock calculates a P/E of 11.24 and P/B of 0.80, while the Graham Number is $15.08, leaving a margin of safety of -99.80%. So the stock is not statistically cheap on that conservative earnings-and-book measure, even though it trades below stated book value. Returns are modest: ROE 8.55% and ROCE 4.36%. Debt is low with D/E 0.11, and the Altman Z-Score of 4.75 suggests low bankruptcy risk, but the Piotroski F-Score of 1/9 is weak. The FairStock Score is 36/100. The 52-week range of $23.70 to $102.80 shows how volatile the shares have been, and beta 0.86 offers little comfort in a commodity cycle. Growth trajectory is hard to judge: revenue growth and profit growth are N/A, and FairStock's Lynch category is none because only 0 years of filed results exist, needing 3. That lack of history matters to a Graham-style investor. I would want a wider discount to intrinsic value, a clearer production and cash-flow record, and evidence that returns on capital can exceed the cost of capital before calling this a compelling value. At $30.13, the price already assumes a lot.

In plain English: Elevra Lithium is a miner exploring for lithium, graphite, and gold in Australia and Canada, with its main project in Quebec. The business looks mixed: it carries little debt, but its profits and returns on invested money look weak. At $30.13, the shares look expensive against one conservative value check, though they trade below the company's accounting net worth, and they have swung widely over the past year.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer