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Elemental Royalty Corporation

ELE

Last
$17.86
Day
+2.2%
1y
+35.5%
5y
+35.5%
52w
-35.2%
SPY YTD
+13.3%
XLB
+6.8%
Earnings
2026-11-1030d
EMA 21
19.22
EMA 50
19.41
EMA 200
18.07
20d high
-22.3%
5y high
-35.2%
5y range
33th
Website · 39 employees · Canada

Positions held

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Score
-16
Hold
avoid
Signal
Strong Sell
Target
$19.05
Stop
$16.17
Stop distance
9.5%
Target vs last
+6.7%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Elemental Royalty Corporation operates in the gold industry, which historically benefits from increased demand during economic uncertainty, positioning it well for future growth.
  • In Q2 2026, the company reported a revenue of $23.788 million, with an operating margin of 30.3%, indicating strong operational efficiency.
  • The gross margin improved to 65.8% compared to 64.6% in the prior quarter, showcasing better cost management.
Bear case
  • The company's current ratio of 5.484 suggests strong liquidity, but the negative free cash flow of -$37.8 million raises concerns about financial sustainability.
  • In 2025, Elemental Royalty Corporation reported a net income of only $1.772 million on revenues of $43.643 million, reflecting a profit margin of just 4%.
  • The stock has a forward P/E ratio of 36.03, which may indicate overvaluation compared to industry peers.

Fundamentals

Market cap$1.34BEnterprise value$1.03BTrailing P/E—Forward P/E34.68
PEG—Price / book1.43Beta0.60Dividend yield0.69%
Revenue growth1.6%Earnings growth668.0%Gross margin95.0%Operating margin30.3%
Profit margin4.0%ROE0.6%ROA1.6%Debt / equity—
Current ratio5.48Free cash flow-$37.85MAnalyst recommendationstrong_buyMean target$28.67
52w high$26.9652w low$12.58

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$23.8M$24.3M$16.0M$6.9M$9.1M—
Op margin30.3%27.4%-6.4%26.2%29.3%—
Net income$3.6M$1.1M-$3.2M$1.4M$0.2M—
Gross margin65.8%64.6%69.6%64.3%60.1%—
Gross profit$15.6M$15.7M$11.2M$4.4M$5.5M—
Operating income$7.2M$6.7M-$1.0M$1.8M$2.7M—
  • Revenue -2% vs prior quarter ($24M vs $24M).
  • Gross margin 65.8% (was 64.6% prior quarter).
  • Operating margin expanded to 30.3%.

Yearly (6y)

20252024202320222021
Revenue$43.6M$16.3M$11.7M$9.6M—
Op margin16.8%2.0%-27.2%-35.0%—
Net income$1.8M-$0.4M-$3.9M-$18.2M—
Gross margin62.6%55.8%41.2%43.9%—
Gross profit$27.3M$9.1M$4.8M$4.2M—
Operating income$7.3M$0.3M-$3.2M-$3.4M—
Headline scan

Headlines — watch

• [WARN · legal] Elemental Royalty Gets Antitrust Approval for Vizsla Royalties Acquisition

• [WARN · legal] Elemental Royalty Receives Mexican Antitrust Approval for the Acquisition of Vizsla Royalties

News

ELE · daily-18.4% over 13 sessions
Close EMA21 EMA50 EMA200
16.8318.3219.8021.2922.772026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$3M$4M$11M$17M$24M-6%32%70%2025-Q22025-Q32025-Q42026-Q12026-Q2