Elevra Lithium Reports Strong Q1 FY26 Results and Strategic Expansion
Elevra Lithium (AU:ELV) reported strong Q1 FY26 results, producing 52,003 dry metric tonnes of lithium and generating $31 million in revenue. The company is expanding its North American Lithium project to lower costs and enhance returns, positioning itself as a key player in the lithium market. The latest analyst rating for AU:ELV is a Hold with a price target of A$4.50. Elevra Lithium focuses on supplying lithium for the electric vehicle and battery sectors, with a current market cap of A$766.2M.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Elevra Lithium ( (AU:ELV) ) just unveiled an update.
Elevra Lithium announced its Q1 FY26 financial results, highlighting the production of 52,003 dry metric tonnes of lithium and generating $31 million in revenue. The company is expanding its North American Lithium project, aiming for lower costs and strong returns, which positions it as a key player in the lithium market, catering to global demand centers.
The most recent analyst rating on (AU:ELV) stock is a Hold with a A$4.50 price target. To see the full list of analyst forecasts on Elevra Lithium stock, see the AU:ELV Stock Forecast page.
More about Elevra Lithium
Elevra Lithium is a leading North American producer of hard-rock lithium, focusing on supplying lithium to meet the growing demand from the electric vehicle and battery supply chain sectors. The company is strategically positioned with a diversified growth portfolio, including several development projects across North America and beyond.
Average Trading Volume: 789,662
Technical Sentiment Signal: Buy
Current Market Cap: A$766.2M
Learn more about ELV stock on TipRanks’ Stock Analysis page.
