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

TSX-V:ELVT - TSX Venture Exchange - CA28623W1077 - Common Stock - Currency: CAD

0.075  +0 (+7.14%)

Fundamental Rating

2

Taking everything into account, ELVT scores 2 out of 10 in our fundamental rating. ELVT was compared to 806 industry peers in the Metals & Mining industry. Both the profitability and financial health of ELVT have multiple concerns. ELVT is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year ELVT has reported negative net income.
ELVT had a negative operating cash flow in the past year.
In multiple years ELVT reported negative net income over the last 5 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

Looking at the Return On Assets, with a value of -21.52%, ELVT is in line with its industry, outperforming 44.68% of the companies in the same industry.
With a Return On Equity value of -78.19%, ELVT is not doing good in the industry: 67.71% of the companies in the same industry are doing better.
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

ELVT does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
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

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1

2. Health

2.1 Basic Checks

ELVT does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for ELVT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and 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.
Looking at the Altman-Z score, with a value of -0.52, ELVT is doing worse than 60.95% of the companies in the same industry.
A Debt/Equity ratio of 0.67 indicates that 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

A Current Ratio of 1.06 indicates that ELVT should not have too much problems paying its short term obligations.
ELVT has a worse Current ratio (1.06) than 62.58% of its industry peers.
ELVT has a Quick Ratio of 1.06. This is a bad value and indicates that ELVT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of ELVT (0.03) is worse than 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

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2

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 49.50% over the past year.
Looking at the last year, ELVT shows a decrease in Revenue. The Revenue has decreased by -4.71% in the last 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

The Earnings Per Share is expected to grow by 216.25% on average over the next years. This is a very strong growth
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

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4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for ELVT. In the last year negative earnings were reported.
ELVT is valuated cheaply with a Price/Forward Earnings ratio of 0.40.
99.75% of the companies in the same industry are more expensive than ELVT, based on the Price/Forward Earnings ratio.
ELVT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 37.67.
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 10 20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, ELVT is valued cheaper than 94.12% of the companies in the same industry.
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

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

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0

5. Dividend

5.1 Amount

ELVT does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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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 2024-08-09
Earnings (Next)11-14 2024-11-14
Inst Owners4.71%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap8.42M
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
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
ROICexcg growth 3YN/A
ROICexcg 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