Elray Resources, Inc. (ELRA) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 0.83 means the share price is 0.83 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $1.08M is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerElray Resources, Inc. (ELRA) trades at $0.00025. Elray Resources, Inc. is a technology company focused on owning and licensing gaming intellectual property and providing marketing tools for online gaming operators. Market cap: $1.08M, Sector: Consumer cyclical.
Price as of Sep 10, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for ELRA: ELRA does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ELRA against Consumer Cyclical peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.
ELRA: 1/2 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Elray Resources, Inc. (ELRA) Consumer Business Overview
Elray Resources, Inc. specializes in the ownership and licensing of gaming intellectual property and content, providing innovative marketing tools and CRM systems for online gaming operators, positioning itself as a key player in the evolving online gaming landscape.
What Is the Investment Thesis for ELRA?
Elray Resources, Inc. presents a unique investment thesis driven by several key value drivers. The online gambling market is projected to grow significantly, with estimates suggesting a compound annual growth rate (CAGR) exceeding 10% over the next five years. Elray's focus on technology and licensing positions it to benefit from this growth, particularly as more jurisdictions legalize online gaming. The company's profit margin stands at an impressive 110.7%, indicating strong operational efficiency despite a negative gross margin of -59.0%. Additionally, the current P/E ratio of 0.83 indicates that the stock may be undervalued relative to its earnings potential. However, investors should be cautious of the inherent risks in the gambling sector, including regulatory changes and market competition, which could impact future performance.
Based on FMP financials and quantitative analysis
ELRA Key Highlights
Profit margin of 110.7%, indicating strong operational efficiency despite challenges in revenue generation.
- P/E ratio of 0.83, suggesting potential undervaluation relative to earnings.
- Negative gross margin of -59.0%, highlighting areas for improvement in cost management.
- Single employee structure allows for agile decision-making and strategic pivots.
- Presence in both U.S. and international markets enhances growth potential.
Who Are ELRA's Competitors?
ELRA is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CNTY Century Casinos, Inc. | $1.18 | -0.42% | $33.1M | 325-pillar |
| GLXZ Galaxy Gaming, Inc. | $1.60 | +0.00% | $40.6M | 479-signal |
| ROLR High Roller Technologies, Inc. | $6.20 | -0.16% | $68.0M | 345-pillar |
| FLL Full House Resorts, Inc. | $2.04 | -0.73% | $74.2M | — |
| MSC Studio City International Holdings Limited | $1.69 | +3.36% | $81.4M | — |
| CPHC Canterbury Park Holding Corporation | $15.99 | +0.88% | $82.4M | 595-pillar |
| INSE Inspired Entertainment, Inc. | $5.27 | -1.86% | $141M | — |
| CDRO Codere Online Luxembourg, S.A. | $9.31 | +1.42% | $423M | 475-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are ELRA's Key Strengths?
Strong profit margin of 110.7%, indicating operational efficiency.
- Unique position in the online gaming technology space.
- Ability to adapt quickly to market trends and changes.
- Diverse product offerings catering to various gaming operators.
What Are ELRA's Weaknesses?
Negative gross margin of -59.0%, indicating challenges in cost management.
- Limited workforce, which may hinder scalability.
- Dependence on a niche market segment.
- Lack of brand recognition compared to larger competitors.
What Could Drive ELRA Stock Higher?
Expansion into newly legalized online gambling markets.
- Development of innovative marketing tools for online gaming operators.
- Strategic partnerships with established gaming platforms.
- Increased focus on mobile gaming solutions.
- Enhancements to the company's intellectual property portfolio.
What Are the Key Risks for ELRA?
Financial-distress signal — its Altman Z-Score of -27.99 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-14.0%) — the business is not currently generating profit on shareholder capital.
- Regulatory changes impacting the online gambling landscape.
- Intense competition from larger, established gaming companies.
- Market saturation as more players enter the online gaming space.
- Technological advancements that could outpace current offerings.
What Are the Growth Opportunities for ELRA?
- Growth opportunity 1: The global online gambling market is projected to reach $127 billion by 2027, with a CAGR of over 10%. Elray Resources can capitalize on this growth by expanding its licensing agreements and enhancing its technology offerings to meet the evolving needs of online gaming operators. By increasing its market presence and developing new partnerships, Elray can drive revenue growth and improve profitability.
- Growth opportunity 2: As more jurisdictions legalize online gambling, Elray Resources has the potential to expand its services into new markets. This regulatory shift presents a significant opportunity for the company to license its gaming intellectual property and content to operators in newly regulated regions, thereby increasing its revenue streams and market reach.
- Growth opportunity 3: The increasing demand for innovative marketing tools and CRM systems in the online gaming sector presents a chance for Elray to enhance its product offerings. By investing in technology development and customer engagement strategies, the company can attract more clients and improve retention rates, driving long-term growth.
- Growth opportunity 4: Collaborations with established online gaming platforms can provide Elray Resources with access to larger customer bases and enhanced visibility in the market. By forming strategic partnerships, the company can leverage its expertise in gaming intellectual property to deliver tailored solutions that meet the specific needs of its partners.
- Growth opportunity 5: The rise of mobile gaming is transforming the gambling landscape, with an increasing number of players engaging in gaming through mobile devices. Elray Resources can focus on developing mobile-compatible gaming content and marketing tools, positioning itself to capture a share of this rapidly growing segment of the market.
What Are ELRA's Competitive Advantages?
- Strong portfolio of gaming intellectual property and trademarks.
- Expertise in providing tailored marketing solutions for online gaming operators.
- Agile operational structure allowing for quick adaptation to market changes.
- Established relationships with key players in the online gaming industry.
- Ability to leverage technology trends to enhance service offerings.
What Does ELRA Do?
Founded in Las Vegas, Nevada, Elray Resources, Inc. is a technology company that has carved out a niche in the gambling industry by focusing on the ownership and licensing of gaming intellectual property, gaming content, and trademarks. The company provides essential marketing tools and customer relationship management (CRM) systems tailored for online gaming operators, facilitating their growth and operational efficiency. With a small workforce of just one employee, Elray operates with a lean structure, allowing for agility in decision-making and strategic pivots in a rapidly changing market. The company's offerings extend beyond the United States, reaching international markets and catering to a diverse clientele in the online gaming sector. Elray's unique position allows it to leverage its intellectual property and technological expertise to provide value-added services that enhance the gaming experience for operators and players alike. As the online gambling market continues to expand, driven by technological advancements and changing consumer preferences, Elray Resources is well-positioned to capitalize on these trends and grow its market share.
What Products and Services Does ELRA Offer?
- Owns and licenses gaming intellectual property and content.
- Provides marketing tools for online gaming operators.
- Offers customer relationship management (CRM) systems tailored for the gaming industry.
- Operates in both U.S. and international markets.
- Focuses on enhancing the online gaming experience for operators and players.
- Engages in the development of gaming domains and trademarks.
How Does ELRA Make Money?
- Generates revenue through licensing agreements for gaming intellectual property.
- Earns income by providing marketing tools and CRM systems to online gaming operators.
- Focuses on international markets to expand its customer base and revenue streams.
- Utilizes a lean operational structure to maintain low overhead costs.
- Capitalizes on the growing online gambling market to drive sales and profitability.
What Industry Does ELRA Operate In?
The gambling, resorts, and casinos industry is experiencing robust growth, driven by the increasing acceptance of online gambling and technological advancements. The global online gambling market is expected to reach approximately $127 billion by 2027, growing at a CAGR of over 10%. Elray Resources, Inc. operates within this expanding sector, providing critical services that support online gaming operators. The competitive landscape includes various players, but Elray's focus on intellectual property and CRM systems differentiates it from traditional casinos and gaming companies, allowing it to capture market share in the digital space.
Who Are ELRA's Key Customers?
- Online gaming operators looking for innovative marketing solutions.
- Gaming companies seeking to enhance their intellectual property portfolio.
- International operators needing compliance with regional regulations.
- Technology partners in the gaming sector looking for collaboration.
- Investors interested in the growth potential of the online gambling market.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 42 |
| 2026-08-26 | 42 |
| 2026-08-29 | 42 |
| 2026-09-01 | 42 |
| 2026-09-04 | 42 |
| 2026-09-07 | 42 |
| 2026-09-10 | 42 |
What changed?
The score has stayed at 42.
Over the same 18 days the stock moved +0.0%.
Insider Activity
The most recent 2 insider filings for Elray Resources, Inc. break down as 1 sales and 1 purchases. On net that is roughly 233.3M shares acquired (about $93K) — insiders putting money in tends to read as conviction.
Financial Health
Elray Resources, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -27.99 places it in the distress zone, a signal of elevated financial risk.
Key Financial Metrics
Return on equity for Elray Resources, Inc. stands at -14.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 56.1%, showing how much profit it generates from its asset base. ELRA trades at a trailing price-to-earnings ratio of 0.83, below the Consumer Cyclical sector average of ~32.70x. A current ratio of 0.08 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 107.0%, the inverse of the P/E and a quick read on earnings relative to price.
Elray Resources, Inc. (ELRA) Valuation Context
Valued at $1.08M, ELRA is classified as a micro-cap stock.
ELRA Revenue & Earnings Trend
In Q2 FY2026, ELRA generated $63K in top-line revenue, marking a sequential decrease of 45.4%. The company recorded a net loss of $337K, with diluted EPS of $-0.00. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Consumer Cyclical. Across the four most recent quarters, ELRA averaged $0.00 in diluted EPS.
Company Profile
Elray Resources, Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in Las Vegas, US. The company is led by CEO Anthony Brian Goodman. ELRA has traded publicly since 2007.
ELRA Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong profit margin of 110.7%, indicating operational efficiency.
- Unique position in the online gaming technology space.
- Ability to adapt quickly to market trends and changes.
- Diverse product offerings catering to various gaming operators.
Bear Case
- Negative gross margin of -59.0%, indicating challenges in cost management.
- Limited workforce, which may hinder scalability.
- Dependence on a niche market segment.
- Lack of brand recognition compared to larger competitors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $62,818 | -$337,297 | -$0.0001 |
| Q1 FY2026 | $115,006 | -$301,933 | -$0.0001 |
| Q4 FY2025 | $48,519 | -$113,994 | -$0.0000 |
| Q3 FY2025 | $12,068 | $2M | $0.0003 |
Q2 FY2026 · filed 30 Jun 2026 · SEC EDGAR →
Based on FMP financials and quantitative analysis
ELRA Latest News
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Stocks That Hit 52-Week Lows On Friday
· Jan 24, 2020
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Stocks That Hit 52-Week Lows On Tuesday
· Dec 10, 2019
ELRA Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for ELRA.
Price Targets
Wall Street price target analysis for ELRA.
ELRA MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for ELRA; grades run from A+ (80-100) to F (below 30).
Leadership: Anthony Brian Goodman
CEO
Anthony Brian Goodman has a diverse background in technology and business management. With experience in the gaming industry, he has been instrumental in shaping Elray Resources, Inc.'s strategic direction. Goodman has a proven track record of leveraging technology to enhance operational efficiency and drive growth in competitive markets.
Track Record: Under Goodman's leadership, Elray Resources has focused on expanding its intellectual property portfolio and enhancing its service offerings for online gaming operators. His strategic decisions have positioned the company to capitalize on emerging trends in the gambling industry.
ELRA OTC Market Information
The OTC Other tier represents companies that trade on the over-the-counter market but do not meet the higher listing requirements of major exchanges like NYSE or NASDAQ. These companies may have less liquidity and more limited visibility, but they can still provide investment opportunities for those willing to conduct thorough research.
- OTC Tier: OTC Other
- Limited financial disclosures may hinder informed investment decisions.
- Lower liquidity can result in price volatility and trading difficulties.
- Regulatory risks associated with the gambling industry may impact operations.
- Increased competition from larger, more established gaming companies.
- Verify the company's licensing agreements and intellectual property portfolio.
- Assess the competitive landscape and market position of Elray Resources.
- Review any available financial statements or reports.
- Investigate the company's operational structure and management team.
- Monitor regulatory developments in the online gambling sector.
- Established presence in the Las Vegas gaming market.
- Ownership of gaming intellectual property and trademarks.
- Engagement in international markets for broader reach.
- Focus on technology and innovation in the online gaming space.
Common Questions About ELRA (Consumer Cyclical)
Is ELRA a good stock?
Stock Expert AI does not rate ELRA buy, sell or hold. Elray Resources, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What does Elray Resources, Inc. do?
Elray Resources, Inc. specializes in owning and licensing gaming intellectual property, providing marketing tools, and CRM systems tailored for online gaming operators. The company aims to enhance the online gaming experience through its innovative technology solutions, catering to both U.S. and international markets.
What are the key factors to evaluate for ELRA?
Evaluate ELRA on fundamentals, analyst consensus, and risk factors. P/E: 0.83x vs the S&P 500's ~20-25x. Elray Resources, Inc. presents a unique investment thesis driven by several key value drivers. Not financial advice.
How frequently does ELRA data refresh on this page?
ELRA's price was last updated on Sep 10, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven ELRA's recent stock price performance?
Elray Resources, Inc. (ELRA) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong profit margin of 110. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ELRA overvalued or undervalued right now?
Elray Resources, Inc. (ELRA) trades at 0.83x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of ELRA?
Yes, most major brokerages offer fractional shares of Elray Resources, Inc. (ELRA) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track ELRA's earnings and financial reports?
Elray Resources, Inc. (ELRA) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for ELRA earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited financial disclosures may affect investment decisions.