ELEVATION GOLD MINING CORP (ELVT.CA) Stock Fundamental Analysis

Canada TSX Venture Exchange TSX-V:ELVT • CA28623W1077

0.075 CAD
+0 (+7.14%)
Last: Jul 29, 2024, 07:00 PM
Fundamental Rating

2

Overall ELVT gets a fundamental rating of 2 out of 10. We evaluated ELVT against 812 industry peers in the Metals & Mining industry. ELVT has a bad profitability rating. Also its financial health evaluation is rather negative. ELVT is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year ELVT has reported negative net income.
  • In the past year ELVT has reported a negative cash flow from operations.
  • The reported net income has been mixed in the past 5 years: ELVT reported negative net income in multiple years.
  • ELVT had negative operating cash flow in 4 of the past 5 years.
ELVT.CA Yearly Net Income VS EBIT VS OCF VS FCFELVT.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 10M -10M -20M -30M -40M

1.2 Ratios

  • With a Return On Assets value of -21.52%, ELVT perfoms like the industry average, outperforming 44.68% of the companies in the same industry.
  • ELVT's Return On Equity of -78.19% is on the low side compared to the rest of the industry. ELVT is outperformed by 67.71% of its industry peers.
Industry RankSector Rank
ROA -21.52%
ROE -78.19%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ELVT.CA Yearly ROA, ROE, ROICELVT.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 -20 -40 -60

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for ELVT so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
ELVT.CA Yearly Profit, Operating, Gross MarginsELVT.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 20 -20 -40 -60

1

2. Health

2.1 Basic Checks

  • ELVT does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • ELVT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
ELVT.CA Yearly Shares OutstandingELVT.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 20M 40M 60M 80M 100M
ELVT.CA Yearly Total Debt VS Total AssetsELVT.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 50M 100M

2.2 Solvency

  • Based on the Altman-Z score of -0.52, we must say that ELVT is in the distress zone and has some risk of bankruptcy.
  • ELVT has a Altman-Z score of -0.52. This is in the lower half of the industry: ELVT underperforms 60.95% of its industry peers.
  • ELVT has a Debt/Equity ratio of 0.67. This is a neutral value indicating ELVT is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.67, ELVT is not doing good in the industry: 79.85% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Altman-Z -0.52
ROIC/WACCN/A
WACC17.22%
ELVT.CA Yearly LT Debt VS Equity VS FCFELVT.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M 40M -40M 60M 80M

2.3 Liquidity

  • ELVT has a Current Ratio of 1.06. This is a normal value and indicates that ELVT is financially healthy and should not expect problems in meeting its short term obligations.
  • ELVT has a worse Current ratio (1.06) than 62.58% of its industry peers.
  • A Quick Ratio of 0.03 indicates that ELVT may have some problems paying its short term obligations.
  • ELVT has a Quick ratio of 0.03. This is amonst the worse of the industry: ELVT underperforms 96.25% of its industry peers.
Industry RankSector Rank
Current Ratio 1.06
Quick Ratio 0.03
ELVT.CA Yearly Current Assets VS Current LiabilitesELVT.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M

2

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 49.50% over the past year.
  • The Revenue has decreased by -4.71% in the past year.
  • The Revenue has been growing slightly by 4.75% on average over the past years.
EPS 1Y (TTM)49.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.3%
Revenue 1Y (TTM)-4.71%
Revenue growth 3Y4.75%
Revenue growth 5YN/A
Sales Q2Q%-23.65%

3.2 Future

  • Based on estimates for the next years, ELVT will show a very strong growth in Earnings Per Share. The EPS will grow by 216.25% on average per year.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-3600.52%
EPS Next 2Y216.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.43%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
ELVT.CA Yearly Revenue VS EstimatesELVT.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
ELVT.CA Yearly EPS VS EstimatesELVT.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 0 -0.2 -0.4

4

4. Valuation

4.1 Price/Earnings Ratio

  • ELVT reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 0.40, which indicates a rather cheap valuation of ELVT.
  • Based on the Price/Forward Earnings ratio, ELVT is valued cheaper than 99.75% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 28.01, ELVT is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 0.4
ELVT.CA Price Earnings VS Forward Price EarningsELVT.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, ELVT is valued cheaply inside the industry as 94.12% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 5.42
ELVT.CA Per share dataELVT.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 0.6

4.3 Compensation for Growth

  • A more expensive valuation may be justified as ELVT's earnings are expected to grow with 216.25% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y216.25%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for ELVT!.
Industry RankSector Rank
Dividend Yield N/A

ELEVATION GOLD MINING CORP

TSX-V:ELVT (7/29/2024, 7:00:00 PM)

0.075

+0 (+7.14%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-09
Earnings (Next)11-14
Inst Owners4.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.42M
Revenue(TTM)62.34M
Net Income(TTM)-23.08M
Analysts80
Price Target0.71 (846.67%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 0.4
P/S 0.1
P/FCF N/A
P/OCF N/A
P/B 0.21
P/tB 0.21
EV/EBITDA 5.42
EPS(TTM)-0.29
EYN/A
EPS(NY)0.19
Fwd EY250.25%
FCF(TTM)-0.2
FCFYN/A
OCF(TTM)-0.01
OCFYN/A
SpS0.76
BVpS0.36
TBVpS0.36
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -21.52%
ROE -78.19%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score3
Asset Turnover0.58
Health
Industry RankSector Rank
Debt/Equity 0.67
Debt/FCF N/A
Debt/EBITDA 2.44
Cap/Depr 117.45%
Cap/Sales 24.69%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.06
Quick Ratio 0.03
Altman-Z -0.52
F-Score3
WACC17.22%
ROIC/WACCN/A
Cap/Depr(3y)156.75%
Cap/Depr(5y)126.9%
Cap/Sales(3y)26.12%
Cap/Sales(5y)22.94%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)49.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-13.3%
EPS Next Y-3600.52%
EPS Next 2Y216.25%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-4.71%
Revenue growth 3Y4.75%
Revenue growth 5YN/A
Sales Q2Q%-23.65%
Revenue Next Year7.43%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y52.46%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year374.86%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y33.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y83.54%
OCF growth 3YN/A
OCF growth 5YN/A

ELEVATION GOLD MINING CORP / ELVT.CA FAQ

What is the ChartMill fundamental rating of ELEVATION GOLD MINING CORP (ELVT.CA) stock?

ChartMill assigns a fundamental rating of 2 / 10 to ELVT.CA.


What is the valuation status of ELEVATION GOLD MINING CORP (ELVT.CA) stock?

ChartMill assigns a valuation rating of 4 / 10 to ELEVATION GOLD MINING CORP (ELVT.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for ELEVATION GOLD MINING CORP?

ELEVATION GOLD MINING CORP (ELVT.CA) has a profitability rating of 1 / 10.