Elevra Lithium Limited - Sponsored ADR (NASDAQ:ELVR - Get Free Report)'s share price traded down 6.4% during trading on Thursday . The stock traded as low as $53.10 and last traded at $53.51. Approximately 7,239 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 92,692 shares. The stock had previously closed at $57.17.
Analyst Ratings Changes
Separately, Weiss Ratings raised Elevra Lithium from a "sell (d-)" rating to a "sell (d+)" rating in a research report on Monday, August 31st. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold".
Read Our Latest Report on ELVR
Elevra Lithium Price Performance
The stock has a 50-day moving average of $60.10 and a 200 day moving average of $67.64. The company has a current ratio of 3.44, a quick ratio of 2.95 and a debt-to-equity ratio of 0.04.
Elevra Lithium (NASDAQ:ELVR - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($194.78) earnings per share for the quarter. The business had revenue of $57.72 million during the quarter.
Institutional Trading of Elevra Lithium
Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new position in Elevra Lithium in the second quarter valued at about $30,000. Main Street Group LTD purchased a new stake in shares of Elevra Lithium during the 1st quarter worth approximately $27,000. GAMMA Investing LLC raised its holdings in shares of Elevra Lithium by 16.5% in the 2nd quarter. GAMMA Investing LLC now owns 1,159 shares of the company's stock worth $79,000 after purchasing an additional 164 shares during the period. Baader Bank Aktiengesellschaft bought a new stake in shares of Elevra Lithium in the 1st quarter worth approximately $220,000. Finally, LPL Financial LLC purchased a new position in Elevra Lithium in the fourth quarter valued at approximately $309,000.
About Elevra Lithium
(
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.
Further Reading
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