Elevra Lithium (NASDAQ:ELVR) Shares Up 3.6% – Here’s What Happened

Posted by Geri Gentry on Sep 3rd, 2026

Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR – Get Free Report)’s share price rose 3.6% during trading on Tuesday . The stock traded as high as $61.07 and last traded at $61.24. 2,013 shares were traded during trading, a decline of 98% from the average session volume of 95,385 shares. The stock had previously closed at $59.09.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Elevra Lithium from a “sell (d-)” rating to a “sell (d+)” rating in a research report on Monday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Get Our Latest Report on ELVR

Elevra Lithium Stock Performance

The company’s 50 day moving average price is $61.16 and its two-hundred day moving average price is $67.52. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.21 and a current ratio of 3.44.

Elevra Lithium (NASDAQ:ELVR – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($194.78) EPS for the quarter. The firm had revenue of $57.72 million during the quarter.

Institutional Trading of Elevra Lithium

A number of hedge funds and other institutional investors have recently bought and sold shares of ELVR. Legal & General Group Plc bought a new position in shares of Elevra Lithium in the fourth quarter worth about $17,279,000. Royce & Associates LP lifted its position in shares of Elevra Lithium by 17.8% during the 4th quarter. Royce & Associates LP now owns 53,018 shares of the company’s stock valued at $2,787,000 after buying an additional 8,004 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of Elevra Lithium by 70.6% during the 1st quarter. Hsbc Holdings PLC now owns 51,604 shares of the company’s stock valued at $3,045,000 after acquiring an additional 21,363 shares during the period. Jane Street Group LLC grew its stake 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 period. Finally, The Manufacturers Life Insurance Company increased its holdings in Elevra Lithium by 8.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 12,926 shares of the company’s stock worth $761,000 after acquiring an additional 1,036 shares in the last quarter.

Elevra Lithium Company Profile

(Get Free Report)

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.