Acquires royalty interests in precious and base-metal mining operations. Manages a portfolio of royalty assets across various mining projects. Now — the numbers.
This is an established company with proven profits.
Average growth of 60% a year over the last 4 years. Red columns mark years that ended in a loss.
If every debt were paid off today, $68.8M would still be left in the vault — a solid cushion for hard times.
The market pays 778.6× for every dollar this company earns in a year — a price that already assumes things go well.
Analysts' average target sits 54% above today's price.
The stock trades below its recent peak — about 12% off the top. A pullback, not a collapse.
Over the last 4 years, sales grew about 60% a year on average.
There is $69.3M in the vault; even if every debt were paid off, $68.8M would remain.
It pays out $0.06 per share each year — regular cash for whoever holds the stock.
The company’s market value is 779 times its annual profit. Even a small disappointment could hit the price hard.
Against everything we grade, ELE lands near the top. A high grade doesn’t mean “guaranteed win” — it means “the evidence looks strong for now.”
The takeaway: ELE is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.
Not covered, because the filings we hold do not carry it: the revenue breakdown.