Elevra Lithium (NASDAQ:ELVR) Reaches New 12-Month High – Still a Buy?

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as $99.89 and last traded at $98.3810, with a volume of 45693 shares. The stock had previously closed at $90.51.

Wall Street Analyst Weigh In

ELVR has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Elevra Lithium from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Elevra Lithium in a research note on Wednesday, April 22nd. Finally, BMO Capital Markets initiated coverage on Elevra Lithium in a research note on Thursday, January 29th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Elevra Lithium Stock Performance

The business has a 50-day moving average price of $61.97. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.67 and a quick ratio of 1.21.

Elevra Lithium (NASDAQ:ELVR) last released its earnings results on Wednesday, February 25th. The company reported $387.15 earnings per share for the quarter. The firm had revenue of $43.12 million for the quarter.

Insiders Place Their Bets

In related news, COO Sylvain Collard sold 41,561 shares of Elevra Lithium stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.77, for a total transaction of $239,806.97. Following the sale, the chief operating officer directly owned 42,562 shares of the company’s stock, valued at $245,582.74. This trade represents a 49.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Investors Weigh In On Elevra Lithium

A number of institutional investors have recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new stake in Elevra Lithium during the first quarter worth about $27,000. Hsbc Holdings PLC grew its position in Elevra Lithium by 70.6% during the first quarter. Hsbc Holdings PLC now owns 51,604 shares of the company’s stock worth $3,045,000 after buying an additional 21,363 shares in the last quarter. Quadrature Capital Ltd bought a new position in Elevra Lithium during the fourth quarter worth about $536,000. Jane Street Group LLC lifted its stake in Elevra Lithium by 19.2% during the fourth quarter. Jane Street Group LLC now owns 27,563 shares of the company’s stock worth $1,449,000 after purchasing an additional 4,433 shares during the period. Finally, LPL Financial LLC bought a new position in Elevra Lithium during the fourth quarter worth about $309,000.

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.