ELV Shares Elevra Lithium Limited
STRONG BUY ASX · ASXLarge-scale lithium developer offering substantial valuation upside on project advancement and improving lithium prices.
Future value: $12.74 (+238.76%) · 6-12 months · analyst consensus
Signal breakdown
- ▸UBS upgraded to buy with a $9.10 target.
- ▾Below 50-day MA (-40.91%)
- ▸Volume 2.01× average — accumulation
- ▾Near 52-week low (3.8% of range)
- ▸~239% upside to price target
Is ELV a buy right now?
Trend: ELV is trading below the 50-day average (-41.53%), RSI 58 — neutral momentum, with a 3-month return of -48.81%.
Valuation & quality: Elevra Lithium Limited trades on a trailing P/E of 8.9, forward P/E 6.6, price-to-book 0.68; fundamentals show net margin 21.3%, return on equity 8.6%, revenue growth 77.5% year on year.
Analyst consensus: 4 analysts have a mean 12-month price target of A$12.74 (+238.8% vs the last close; range A$9.10 – A$15.35), consensus rating “strong buy”.
Our screen: STRONG BUY (score 4) — Large-scale lithium developer offering substantial valuation upside on project advancement and improving lithium prices.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +9.90% | +51.40% | -5.10% | -25.50% | -22.30% | +10.60% | -31.50% | -35.20% |
Fundamentals
Analyst price target
Technical signals
About Elevra Lithium Limited
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.
Sector: Basic Materials · Industry: Other Industrial Metals & Mining · Australia · 246 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.