Elevra Lithium (NASDAQ:ELVR) Stock Rating Upgraded by Wall Street Zen

Elevra Lithium (NASDAQ:ELVR) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

A number of other brokerages also recently weighed in on ELVR. Weiss Ratings initiated coverage on shares of Elevra Lithium in a research note on Friday, January 23rd. They issued a “sell (d-)” rating for the company. BMO Capital Markets started coverage on shares of Elevra Lithium in a research note on Thursday, January 29th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Elevra Lithium Price Performance

Elevra Lithium stock opened at $59.43 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.38 and a quick ratio of 0.98. Elevra Lithium has a 52 week low of $15.55 and a 52 week high of $69.99.

Elevra Lithium (NASDAQ:ELVR) last released its quarterly earnings results on Thursday, February 26th. The company reported $387.15 earnings per share (EPS) for the quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Eagle Global Advisors LLC acquired a new stake in shares of Elevra Lithium during the 4th quarter worth approximately $202,000. Hamilton Capital Partners LLC acquired a new position in Elevra Lithium in the fourth quarter valued at approximately $263,000. LPL Financial LLC bought a new position in Elevra Lithium in the fourth quarter valued at approximately $309,000. Quadrature Capital Ltd acquired a new stake in Elevra Lithium during the 4th quarter worth $536,000. Finally, Jane Street Group LLC raised its position in shares of Elevra Lithium by 19.2% during the 4th quarter. Jane Street Group LLC now owns 27,563 shares of the company’s stock valued at $1,449,000 after acquiring an additional 4,433 shares during the last quarter.

About Elevra Lithium

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. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.