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Elevate Uranium Ltd

Company price
0.22 AUD 0.01 ( 2.33%)
Last update at 2026-11-06T05:10:00Z
VOLUME
1085241
Market Cap
102.61M

Momentum Score

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Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Desert region, Namibia. The company also offers exploration, resource drilling, resource estimation, and pilot-scale beneficiation services, and a proprietary U-pgradeTM process designed to reject waste mass and concentrate uranium. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Australia.

Source: TradingView
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Day Price Range
0.20
Low
0.22
High
52 Week Price Range
0.18
Low
0.48
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Elevate Uranium Ltd is an Australian-listed company focused on uranium exploration and advancing early-stage projects. Long-term growth drivers include rising nuclear demand supporting uranium prices and successful exploration or project advancement that could convert prospects into resources, offering investors leveraged exposure to the uranium supply theme.
Key risks are exploration failure, uranium price volatility, permitting and regulatory challenges, funding and dilution risk, and low liquidity typical of junior miners.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.21
Dividend Yield
-
Revenue TTM
0.05M
Revenue Per Share
-
Gross Profit TTM
0.05M
Debt / Equity
0.01
ROE
-52.87%
Net Debt
-28.50M
ROCE
-46.54%
Diluted EPS TTM
-0.04

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -15.60M -12.32M -10.75M -8.63M -5.73M
Net income -15.44M -12.32M -10.75M -8.63M -5.73M
Selling general administrative - 1.51M 1.31M 3.54M 2.59M
Selling and marketing expenses - 11.11M 9.06M 4.23M -
Gross profit -0.27M 0.77M -0.12M -0.12M -0.09M
Reconciled depreciation - - 0.12M 0.12M 0.09M
Ebit -16.43M -12.04M -10.74M -7.89M -5.77M
Ebitda -16.15M -11.85M -10.62M -7.77M -5.69M
Depreciation and amortization 0.27M 0.19M 0.12M 0.12M 0.09M
Operating income -16.43M -11.85M -10.49M -7.89M -5.77M
Other operating expenses 16.43M 12.62M 10.37M 7.89M 5.77M
Interest expense 0.03M 0.03M 0.01M 0.01M 0.01M
Tax provision - 0.00M 0.00M 0.00M 0.00M
Interest income - 0.03M 0.48M 0.03M 0.01M
Net interest income - - 0.47M 0.22M -0.00M
Income tax expense - - -0.26M - 0.00M
Total revenue - 0.77M 0.00M 0.32M 0.12M
Total operating expenses 16.15M 12.62M 10.37M 7.77M 5.77M
Cost of revenue 0.27M 0.19M 0.12M 0.12M 0.09M
Total other income expense net 0.83M -0.48M -0.26M -0.74M 0.05M
Net income from continuing ops - - -10.75M -8.63M -5.73M
Net income applicable to common shares - -12.32M -10.75M -8.78M -5.73M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 37.32M 25.46M 13.26M 12.54M 19.33M
Intangible assets - 0.43M - - -
Other current assets 0.25M - - 0.04M 0.02M
Total liab 2.22M 1.57M 1.48M 1.02M 0.84M
Total stockholder equity 35.29M 23.89M 11.78M 11.52M 18.49M
Other current liab 0.93M 0.22M 0.30M - 0.57M
Common stock 137.29M 111.39M 87.96M 81.00M 77.96M
Capital stock - - - 78.20M 77.96M
Retained earnings -110.89M -97.11M -80.82M -70.10M -60.62M
Other liab - - - - 0.06M
Other assets - - 0.00M 2.11M 3.15M
Cash 28.82M 21.71M 10.83M 10.06M 15.81M
Cash and equivalents - - - 10.06M 15.81M
Total current liabilities 2.03M 1.25M 1.44M 0.95M 0.68M
Current deferred revenue - - 0.24M - -
Net debt -28.50M -21.28M -10.80M - -15.63M
Short term debt 0.14M 0.22M 0.03M 0.00M 0.07M
Short long term debt total 0.32M 0.43M 0.03M - 0.18M
Other stockholder equity - - - 0.61M -1.66M
Property plant equipment - - - 2.40M 3.44M
Total current assets 29.41M 22.20M 10.92M 10.14M 15.90M
Net tangible assets - - - 11.52M 18.49M
Short term investments - 10.11M - - -
Net receivables 0.33M 0.49M 0.09M 0.04M 0.08M
Accounts payable 0.97M 0.81M 0.87M 0.39M 0.04M
Accumulated other comprehensive income 8.88M 9.61M 4.63M - 1.15M
Non currrent assets other 0.13M 0.15M -0.00M - -
Non current assets total 7.92M 3.25M 2.34M 2.40M 3.44M
Capital lease obligations - - - 0.15M 0.18M
Long term debt total - - - 0.07M 0.11M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - - -0.07M -0.07M -0.14M
Change to liabilities - - - -0.21M 0.28M
Total cashflows from investing activities -3.35M -0.71M -0.07M -0.07M -0.14M
Net borrowings - - - -0.08M -0.07M
Total cash from financing activities 23.13M 23.22M 10.09M 0.16M 13.67M
Change to operating activities - - - 0.00M 0.05M
Net income -15.44M -12.32M -10.75M -8.63M -5.73M
Change in cash 17.21M 10.88M 0.78M -5.75M 9.15M
Begin period cash flow 11.61M 10.83M 10.06M 15.81M 6.66M
End period cash flow 28.82M 21.71M 10.83M 10.06M 15.81M
Total cash from operating activities -12.70M -11.62M -9.24M -5.83M -4.38M
Issuance of capital stock - - 10.88M 0.24M 14.53M
Depreciation 0.27M 0.19M 0.12M 0.12M 0.09M
Other cashflows from investing activities 0.12M -0.63M -0.01M 0.00M -0.02M
Dividends paid - - - 0.00M 0.00M
Change to account receivables 0.83M -0.60M 0.00M -0.01M -0.02M
Sale purchase of stock - - -0.68M -0.00M -0.79M
Other cashflows from financing activities -0.19M - -0.11M -0.08M -0.07M
Change to netincome - - - 3.06M 0.96M
Capital expenditures 0.60M 0.09M 0.06M 0.07M 0.11M
Change in working capital 1.50M -0.51M -0.53M -0.22M 0.31M
Stock based compensation - 1.24M - 1.57M 0.95M
Other non cash items 0.97M -0.23M 2.03M 1.80M -0.08M
Free cash flow -13.30M -11.71M -9.31M -5.90M -4.49M

Peer Comparison*

Sector: Energy Industry: Uranium

Stock Name
Change
(AUD)
Price
(AUD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
EL8
Elevate Uranium Ltd
0.01
2.33%
0.22 - 13.97 2052.23 2.64 425.30 -10.46
NXG
Nexgen Energy (Canada) Ltd
-0.02
0.18%
11.40 - - - 4.00 - 94.88
PDN
Paladin Energy Ltd
-0.11
1.45%
7.46 378.50 53.19 11.18 1.94 7.03 34.23
EF2
Energy Fuels Inc.
-0.70
6.86%
9.50 - 13.18 25.54 2.49 16.03 -
BMN
Bannerman Energy Ltd
-0.05
1.41%
3.49 - - 846095.94 2.98 4425.71 -31.27

Profile*

Elevate Uranium Ltd

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia and Australia. Its flagship project is the 100% owned Koppies project located in the Namib Desert region, Namibia. The company also offers exploration, resource drilling, resource estimation, and pilot-scale beneficiation services, and a proprietary U-pgradeTM process designed to reject waste mass and concentrate uranium. The company was formerly known as Marenica Energy Limited and changed its name to Elevate Uranium Ltd in May 2021. Elevate Uranium Ltd was incorporated in 1978 and is based in West Perth, Australia.

28 Ord Street, West Perth, WA, Australia, 6005

61 8 6555 1816

Name Title Year Born
Mr. Murray Philip Hill B.Sc., Fausimm MD, CEO & Director NA
Mr. Shane McBride B.Bus (Acct), FCIS, FCPA, FGIA, MAICD CFO & Company Sec. NA
Ms. Jessica Bezuidenhout Gen. Mang. of Namibia NA
Mr. Berti Roesener Consulting Exploration Mang. of Namibia NA
Mr. David John Princep B.Sc., P.Geo., B.Sc, FAusIMM(CP) Consulting Geologist 1955
Mr. Shane McBride B.Bus (Acct), FCIS, FCPA, FGIA, MAICD CFO & Company Secretary NA
Mr. Shane McBride B.Bus (Acct), FCIS, FCPA, FGIA, MAICD CFO & Company Secretary NA
Ms. Jessica Bezuidenhout General Manager of Namibia NA
Mr. Berti Roesener Consulting Exploration Manager of Namibia NA
Mr. Shane McBride B.Bus (Acct), FCIS, FCPA, FGIA, MAICD CFO & Company Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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