Elemental Royalty Corporation
ELEBasic MaterialsNASDAQOther Precious Metals & Mining · Last scanned May 29, 2026
Scan Results
Daily timeframe2 of 4 indicators bullish as of May 28CONFIRMED
Multi-indicator alignment: When 2+ indicators show the same condition on the same day, Scanance highlights it. This is not a recommendation — it means the technical indicators are aligned.
Elemental Royalty Corporation engages in the acquisition and generation of precious and base metal royalties. The company carries a $1.14B market cap, placing it firmly in the small-cap category. It is also involved in exploration royalties and royalty generation assets.
Market Cap
$1.14B
Beta
—
P/E (TTM)
294.50
P/E (Fwd)
28.27
EPS (TTM)
$0.06
EPS (Fwd)
$0.63
ROE
-0.1%
ROA
1.1%
Cash
$85.9M
Total Debt
$0
Free CF
-$28.0M
52W Change
66.7%
Annual Financials
Cash vs Debt
Elemental Royalty Corporation reports $85.9M in cash and $0 in total debt. Free cash flow is running at -$28.0M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -0.1%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 1.1% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $9.6M (2022) to $43.6M (2025), reflecting a 353% increase over the period.
Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. At over 50x earnings, ELE carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Elemental Royalty Corporation and its sector.