Elevra Lithium Limited - Sponsored ADR (NASDAQ:ELVR - Get Free Report)'s share price traded down 4.6% during mid-day trading on Monday. The company traded as low as $26.30 and last traded at $26.1750. 9,658 shares traded hands during trading, a decline of 89% from the average session volume of 87,666 shares. The stock had previously closed at $27.45.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of Elevra Lithium from a "sell (d-)" rating to a "sell (d+)" rating in a research report on Monday, August 31st. One 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 currently has an average rating of "Hold".
Check Out Our Latest Stock Report on ELVR
Elevra Lithium Stock Down 3.8%
The company has a current ratio of 3.44, a quick ratio of 2.95 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average price of $49.54 and a 200 day moving average price of $65.21.
Elevra Lithium (NASDAQ:ELVR - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($194.78) earnings per share for the quarter. The company had revenue of $57.72 million during the quarter.
Institutional Investors Weigh In On Elevra Lithium
Hedge funds and other institutional investors have recently made changes to their positions in the stock. GK Wealth Management LLC acquired a new stake in Elevra Lithium in the third quarter valued at approximately $25,000. Main Street Group LTD bought a new stake in shares of Elevra Lithium during the first quarter worth $27,000. Integrated Wealth Concepts LLC bought a new stake in shares of Elevra Lithium during the second quarter worth $30,000. GAMMA Investing LLC increased its holdings in shares of Elevra Lithium by 44.6% during the third quarter. GAMMA Investing LLC now owns 1,676 shares of the company's stock worth $65,000 after buying an additional 517 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft acquired a new position in shares of Elevra Lithium during the first quarter worth $220,000.
Elevra Lithium Company Profile
(
Get Free Report)
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.
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