Elevra Lithium (NASDAQ:ELVR) Issues Quarterly Earnings Results

Elevra Lithium (NASDAQ:ELVR) issued its earnings results on Thursday. The company reported $387.15 EPS for the quarter, FiscalAI reports.

Elevra Lithium Trading Up 2.3%

ELVR traded up $1.33 during trading on Friday, hitting $59.43. The stock had a trading volume of 76,660 shares, compared to its average volume of 70,563. The company has a current ratio of 1.38, a quick ratio of 0.98 and a debt-to-equity ratio of 0.03. Elevra Lithium has a 12 month low of $15.55 and a 12 month high of $69.99.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ELVR shares. BMO Capital Markets assumed coverage on shares of Elevra Lithium in a research report on Thursday, January 29th. They set an “outperform” rating on the stock. Wall Street Zen upgraded shares of Elevra Lithium from a “sell” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings initiated coverage on shares of Elevra Lithium in a research note on Friday, January 23rd. They issued a “sell (d-)” rating on the stock. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Elevra Lithium has a consensus rating of “Hold”.

Hedge Funds Weigh In On Elevra Lithium

Institutional investors have recently made changes to their positions in the business. Hamilton Capital Partners LLC acquired a new position in Elevra Lithium in the fourth quarter worth about $263,000. Eagle Global Advisors LLC acquired a new stake in Elevra Lithium in the 4th quarter valued at $202,000. Legal & General Group Plc bought a new stake in Elevra Lithium in the fourth quarter valued at $17,279,000. Royce & Associates LP grew its position in Elevra Lithium by 17.8% in the fourth quarter. Royce & Associates LP now owns 53,018 shares of the company’s stock valued at $2,787,000 after acquiring an additional 8,004 shares during the period. Finally, LPL Financial LLC acquired a new position in Elevra Lithium during the fourth quarter worth $309,000.

Elevra Lithium Company Profile

Elevra Lithium Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.