Silver Elephant Mining (TSX:ELEF) - Share price, News & Analysis

ELEF fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	0/6

ELEF Stock Overview

Silver Elephant Mining Corp., a mineral exploration stage company, engages in the acquisition, exploration, and development of mineral and energy projects.

Rewards

Price-To-Earnings ratio (0.9x) is below the Canadian market (10.7x)

Became profitable this year

Risk Analysis

High level of non-cash earnings

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

Does not have a meaningful market cap (CA$14M)

Silver Elephant Mining Competitors

Uravan Minerals

TSXV:UVN

CA$757.3k

Prospera Energy

TSXV:PEI

CA$13.7m

WesCan Energy

TSXV:WCE

CA$9.9m

Tenth Avenue Petroleum

TSXV:TPC

CA$7.7m

Price History & Performance

Summary of all time highs, changes and price drops for Silver Elephant Mining
Historical stock prices
Current Share Price	CA$0.56
52 Week High	CA$4.05
52 Week Low	CA$0.45
Beta	0.26
1 Month Change	13.13%
3 Month Change	-3.45%
1 Year Change	-74.54%
3 Year Change	-71.28%
5 Year Change	-84.62%
Change since IPO	-99.68%

Shareholder Returns

	ELEF	CA Oil and Gas	CA Market
7D	-13.8%	4.7%	3.0%
1Y	-74.5%	48.4%	0.7%

Return vs Industry: ELEF underperformed the Canadian Oil and Gas industry which returned 48.4% over the past year.

Return vs Market: ELEF underperformed the Canadian Market which returned 0.7% over the past year.

Price Volatility

Is ELEF's price volatile compared to industry and market?
ELEF volatility
ELEF Average Weekly Movement	14.0%
Oil and Gas Industry Average Movement	11.1%
Market Average Movement	10.6%
10% most volatile stocks in CA Market	18.9%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: ELEF is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: ELEF's weekly volatility (14%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2011	15	John R. Lee	https://www.silverelef.com

Silver Elephant Mining Corp., a mineral exploration stage company, engages in the acquisition, exploration, and development of mineral and energy projects. The company explores for gold, nickel, silver, lead, zinc, iron, vanadium, titanium, and coal. Its flagship project is the Pulacayo project, including seven mining areas covering an area of approximately 3,560 hectares of contiguous areas located in Quijarro province, Bolivia.

Silver Elephant Mining Fundamentals Summary

How do Silver Elephant Mining's earnings and revenue compare to its market cap?
ELEF fundamental statistics
Market Cap	CA$13.62m
Earnings (TTM)	CA$14.68m
Revenue (TTM)	n/a

0.9x

P/E Ratio

0.0x

P/S Ratio

Is ELEF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
ELEF income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	-CA$14.68m
Earnings	CA$14.68m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.60
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did ELEF perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is ELEF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ELEF?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for ELEF. This is calculated by dividing ELEF's market cap by their current preferred multiple.
What is ELEF's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	CA$13.62m

ELEF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	-1.7x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does ELEF's PE Ratio compare to its peers?

ELEF PE Ratio vs Peers

The above table shows the PE ratio for ELEF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	31.8x
UVN Uravan Minerals	3.9x	n/a	CA$757.3k
PEI Prospera Energy	4.2x	n/a	CA$13.7m
WCE WesCan Energy	97.6x	n/a	CA$9.9m
TPC Tenth Avenue Petroleum	21.7x	n/a	CA$7.7m
ELEF Silver Elephant Mining	0.9x	n/a	CA$13.6m

Price-To-Earnings vs Peers: ELEF is good value based on its Price-To-Earnings Ratio (0.9x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does ELEF's PE Ratio compare vs other companies in the CA Oil and Gas Industry?

Price-To-Earnings vs Industry: ELEF is good value based on its Price-To-Earnings Ratio (0.9x) compared to the Canadian Oil and Gas industry average (5.8x)

Price to Earnings Ratio vs Fair Ratio

What is ELEF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ELEF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	0.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ELEF's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of ELEF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate ELEF's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate ELEF's fair value for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Future Growth

How is Silver Elephant Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

0.6%

Forecasted Energy industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Silver Elephant Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

Examine Silver Elephant Mining's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
Silver Elephant Mining competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Silver Elephant Mining performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

31.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ELEF has a high level of non-cash earnings.

Growing Profit Margin: ELEF became profitable in the past.

Past Earnings Growth Analysis

Earnings Trend: ELEF has become profitable over the past 5 years, growing earnings by 31.9% per year.

Accelerating Growth: ELEF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ELEF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (158.3%).

Return on Equity

High ROE: ELEF's Return on Equity (34.8%) is considered high.

Discover strong past performing companies

Financial Health

How is Silver Elephant Mining's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: ELEF's short term assets (CA$4.8M) exceed its short term liabilities (CA$3.1M).

Long Term Liabilities: ELEF's short term assets (CA$4.8M) exceed its long term liabilities (CA$2.0M).

Debt to Equity History and Analysis

Debt Level: ELEF is debt free.

Reducing Debt: ELEF has no debt compared to 5 years ago when its debt to equity ratio was 1%.

Debt Coverage: ELEF has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ELEF has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Discover healthy companies

Dividend

What is Silver Elephant Mining current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate ELEF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ELEF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ELEF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ELEF's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ELEF has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

0.9yrs

Average management tenure

CEO

John R. Lee (48 yo)

2.08yrs

Tenure

CA$997,672

Compensation

Mr. John R. Lee, CFA, B.Com, B. Ed p/g, MBA, FAICD, SA Fin, serves as Chief Executive Officer at Silver Elephant Mining Corp. since July 17, 2020. He has been Executive Chairman of Silver Elephant Mining C...

Leadership Team

Experienced Management: ELEF's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.

Board Members

Experienced Board: ELEF's board of directors are seasoned and experienced ( 10.6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: ELEF insiders have sold more shares than they have bought in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.1%.

Data	Last Updated (UTC time)
Company Analysis	2022/08/14 00:00
End of Day Share Price	2022/08/12 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31