Elemental Royalties Corp Stock Today

ELE Stock   1.15  0.01  0.88%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 29

 
High
 
Low
Below Average
Elemental Royalties is selling for under 1.15 as of the 30th of November 2024; that is 0.88% increase since the beginning of the trading day. The stock's lowest day price was 1.13. Elemental Royalties has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Elemental Royalties Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of November 2023 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Elemental Royalties is entity of Canada. It is traded as Stock on V exchange. The company has 245.76 M outstanding shares of which 15.14 K shares are currently shorted by private and institutional investors with about 1.7 days to cover all short positions. More on Elemental Royalties Corp

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Moving against Elemental Stock

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Elemental Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Elemental Royalties' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elemental Royalties or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Elemental Royalties' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Elemental Royalties' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Elemental Royalties can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Elemental Royalties' financial leverage. It provides some insight into what part of Elemental Royalties' total assets is financed by creditors.
Liquidity
Elemental Royalties cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Elemental Royalties Corp has accumulated 33.72 M in total debt. Debt can assist Elemental Royalties until it has trouble settling it off, either with new capital or with free cash flow. So, Elemental Royalties' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Elemental Royalties Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Elemental to invest in growth at high rates of return. When we think about Elemental Royalties' use of debt, we should always consider it together with cash and equity.

Net Income

(4.1 Million)
Elemental Royalties Corp (ELE) is traded on TSX Venture Exchange in Canada and employs 20 people. Elemental Royalties is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 282.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elemental Royalties's market, we take the total number of its shares issued and multiply it by Elemental Royalties's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Elemental Royalties Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 245.76 M outstanding shares of which 15.14 K shares are currently shorted by private and institutional investors with about 1.7 days to cover all short positions. Elemental Royalties generates positive cash flow from operations, but has no cash available
Check Elemental Royalties Probability Of Bankruptcy
Ownership Allocation
Elemental Royalties holds a total of 245.76 Million outstanding shares. Elemental Royalties Corp retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Elemental Ownership Details

Elemental Royalties Corp Risk Profiles

Although Elemental Royalties' alpha and beta are two of the key measurements used to evaluate Elemental Royalties' performance over the market, the standard measures of volatility play an important role as well.

Elemental Stock Against Markets

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Elemental Royalties Corporate Management

Elected by the shareholders, the Elemental Royalties' board of directors comprises two types of representatives: Elemental Royalties inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Elemental. The board's role is to monitor Elemental Royalties' management team and ensure that shareholders' interests are well served. Elemental Royalties' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Elemental Royalties' outside directors are responsible for providing unbiased perspectives on the board's policies.
Joseph FerraChief OfficerProfile
Valerie MDChief OfficerProfile
Sandra BatesGeneral CounselProfile
RPh PharmDPresident, FounderProfile
Greg OwenVP OperationsProfile
Brian SullivanVP DevelProfile
David GossenCorporate CounselProfile

Additional Tools for Elemental Stock Analysis

When running Elemental Royalties' price analysis, check to measure Elemental Royalties' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elemental Royalties is operating at the current time. Most of Elemental Royalties' value examination focuses on studying past and present price action to predict the probability of Elemental Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elemental Royalties' price. Additionally, you may evaluate how the addition of Elemental Royalties to your portfolios can decrease your overall portfolio volatility.