Elevra Lithium (NASDAQ:ELVR) Hits New 52-Week High – Time to Buy?

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) reached a new 52-week high on Thursday . The stock traded as high as $77.99 and last traded at $76.9060, with a volume of 7191 shares. The stock had previously closed at $75.04.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Weiss Ratings began 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 began coverage on shares of Elevra Lithium in a research report on Thursday, January 29th. They set an “outperform” rating on the stock. Finally, Wall Street Zen raised shares of Elevra Lithium from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. One research 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, Elevra Lithium presently has an average rating of “Hold”.

Elevra Lithium Stock Performance

The stock’s fifty day moving average is $56.74. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.21 and a current ratio of 1.67.

Elevra Lithium (NASDAQ:ELVR) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $387.15 earnings per share (EPS) for the quarter. The business had revenue of $43.12 million during the quarter.

Insider Buying and Selling at Elevra Lithium

In related news, COO Sylvain Collard sold 41,561 shares of the 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 completion of the transaction, the chief operating officer directly owned 42,562 shares in the company, valued at approximately $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 can be accessed through this hyperlink.

Hedge Funds Weigh In On Elevra Lithium

Large investors have recently bought and sold shares of the company. Eagle Global Advisors LLC bought a new position in shares of Elevra Lithium during the 4th quarter worth approximately $202,000. Hamilton Capital Partners LLC bought a new stake in shares of Elevra Lithium in the fourth quarter worth $263,000. LPL Financial LLC bought a new stake in shares of Elevra Lithium in the fourth quarter worth $309,000. Quadrature Capital Ltd acquired a new position in Elevra Lithium during the fourth quarter worth $536,000. Finally, Jane Street Group LLC grew its position in Elevra Lithium by 19.2% in the fourth quarter. Jane Street Group LLC now owns 27,563 shares of the company’s stock valued at $1,449,000 after purchasing an additional 4,433 shares in 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.