EL8 Stock Overview

Engages in the exploration and evaluation of uranium deposits in Namibia and Australia. More details

EL8 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 41.2% per year over past 5 years

Makes less than USD$1m in revenue (A$182)

Shareholders have been diluted in the past year

Does not have a meaningful market cap (A$92M)

My Notes

Capture your thoughts, links and company narrative

Elevate Uranium Ltd Competitors

Alligator Energy

ASX:AGE

AU$127.8m

Toro Energy

ASX:TOE

AU$26.5m

Marmota

ASX:MEU

AU$40.2m

Cauldron Energy

ASX:CXU

AU$14.8m

Price History & Performance

Summary of share price highs, lows and changes for Elevate Uranium
Historical stock prices
Current Share Price	AU$0.25
52 Week High	AU$0.68
52 Week Low	AU$0.23
Beta	0.97
1 Month Change	-19.35%
3 Month Change	-26.47%
1 Year Change	-43.82%
3 Year Change	-37.50%
5 Year Change	184.09%
Change since IPO	233.33%

Recent updates

Shareholder Returns

	EL8	AU Oil and Gas	AU Market
7D	-15.3%	-2.5%	-2.7%
1Y	-43.8%	-27.4%	6.5%

Return vs Industry: EL8 underperformed the Australian Oil and Gas industry which returned -27.4% over the past year.

Return vs Market: EL8 underperformed the Australian Market which returned 6.5% over the past year.

Price Volatility

Is EL8's price volatile compared to industry and market?
EL8 volatility
EL8 Average Weekly Movement	8.1%
Oil and Gas Industry Average Movement	10.0%
Market Average Movement	8.0%
10% most volatile stocks in AU Market	16.8%
10% least volatile stocks in AU Market	3.1%

Stable Share Price: EL8 has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: EL8's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1978	n/a	Murray Hill	www.elevateuranium.com.au

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Area, Namibia. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021.

Elevate Uranium Ltd Fundamentals Summary

How do Elevate Uranium's earnings and revenue compare to its market cap?
EL8 fundamental statistics
Market cap	AU$92.04m
Earnings (TTM)	-AU$10.75m
Revenue (TTM)	AU$182.00

Over9,999x

P/S Ratio

-8.6x

P/E Ratio

Is EL8 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EL8 income statement (TTM)
Revenue	AU$182.00
Cost of Revenue	AU$0
Gross Profit	AU$182.00
Other Expenses	AU$10.75m
Earnings	-AU$10.75m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.032
Gross Margin	100.00%
Net Profit Margin	-5,907,733.52%
Debt/Equity Ratio	0%

How did EL8 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 16:18
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Elevate Uranium Ltd is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Mark Heyhoe	Stockdale Securities