Electric Royalties Ltd. (V:ELEC)
Business Focus: Diversified Mining
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Insider Filings
Latest 10 SEDI filings for ELEC within the last 6 months
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Company News
May 01, 2024 07:45 ET
Electric Royalties Closes Acquisition of Lithium Royalty and Option Portfolio in Ontario, Canada
VANCOUVER, BC / ACCESSWIRE / May 1, 2024 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to announce the closing of the previously announced transaction (the "Transaction") to acquire a portfolio of 18 royalty agreements and 32 lithium properties in Ontario, Canada (the "Ontario Lithium Projects" or the "OLP"). Pursuant to the Asset Purchase Agreement between the Company and 1544230 Ontario
Apr 30, 2024 07:45 ET
Principal of U.S. Metals Dealer Increases Stake in Electric Royalties to 24%
CHARLOTTE, NC / ACCESSWIRE / April 30, 2024 / Stefan Gleason (the "Acquiror" or "Gleason") today announced that he is filing another early warning report in connection with his acquisition on the open market of additional shares of Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company").
Valuation Ratios
Industry
Sector
Beta
0.62
--
--
Price to Sales - TTM
143.28
6.31
4.51
Price to Book - most recent quarter
1.20
2.01
2.01
Price to Cash Flow per share - TTM
--
8.53
9.51
Price to Free Cash Flow per share - TTM
--
25.32
21.61
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 25,273 | 22,818 |
| Mar 31, 2024 | 2,455 | 1,229 |
| Mar 15, 2024 | 1,226 | 823 |
Business Summary
| Sector: Basic Materials | Industry: Diversified Mining |
Electric Royalties Ltd. is a Canada-based royalty company. The Company is focused on a range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company has a portfolio of 40 royalties across the world and 32 lithium properties in Ontario, Canada. Its royalty portfolio includes Middle Tennessee Zinc Mine, Penouta Mine, Kenbridge, Authier Lithium Project, Seymour Lake Lithium Project, Graphmada Graphite Project and others. The Company is focused predominantly on acquiring royalties on advanced stage and operating projects to build a diversified portfolio located in jurisdictions with low geopolitical risk, which offers investors exposure to the clean energy transition via the underlying commodities required to rebuild the global infrastructure.
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