# Elemental Royalty share price today (Elemental Royalty Corporation, ELE)

> Elemental Royalty Corporation is reporting record margins. ELE · Materials · Other Precious Metals & Mining · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ele

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: $14.12 (−5.9% in a year)
- P/E: 257.8× (higher than 54% of the last 1 year)
- Revenue (Jun 2026): $23.8 M (+161.6% on a year ago)
- Profit (Jun 2026): $3.6 M (+2,148.7% on a year ago)
- Operating margin: 30.3% (+1.0 points on a year ago)
- ROE: 0%, FY25

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Elemental Royalty share price today? Elemental Royalty Corporation's share price was $14.12 at the close on 3 November 2026. That is 24.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between $13 and $24, and at that close it sat 14% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 3 weeks running. Over the last 1 year the share price moved −10% while the S&P 500 moved +21%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Elemental Royalty pay? Elemental Royalty Corporation has 2 quarters of declared dividends on file, too few for a 12-month total. The most recent declaration was $0.03 for Jun 2026. Elemental Royalty Corporation declared a dividend in 2 of the last 12 reported quarters, most recently $0.03 for Jun 2026. That is fewer than four quarters, so no 12-month total is shown. ## Which stock lists is Elemental Royalty on? Elemental Royalty is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Elemental Royalty profitable? Elemental Royalty Corporation earned $3.6 M of net profit in the Jun 2026 quarter, +2,148.7% on the same quarter a year earlier. Full-year FY25 profit was $1.8 M. That is 15.1% of the quarter's revenue. The same quarter a year earlier earned $160 K. 4 of the last 12 reported quarters were loss-making. Why profit moved: revenue changed +161.6% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −74.2% and revenue +136.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Elemental Royalty make, and is it growing? Elemental Royalty Corporation reported $23.8 M of revenue in the Jun 2026 quarter, +161.6% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 4 years it has grown 60.3% a year on average. The last full year, FY25, came in at $43.6 M. The last four reported quarters add to $71.0 M. FY25 revenue was $43.6 M, +167.4% on the year before. Recent pace: the last four quarters grew +136.4% on average, against 60.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +136.9%, against +130.1% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Elemental Royalty keep? Elemental Royalty Corporation's operating margin was 30.3% in the Jun 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −35.0% and 16.8%. The latest quarter is above every full year in that period. Across 5 years it has been between −35.0% and 16.8%, and FY25's 16.8% is the highest of them. Why the margin moved: operating margin changed +1.0 percentage points on the year while gross margin changed −4.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Elemental Royalty's profit turning into cash? Elemental Royalty Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $30.8 M of operating cash against $1.8 M of profit. After $1.0 M of spending on assets, $29.8 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Elemental Royalty's cash go? Elemental Royalty Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $15.4 M on assets over the last 3 years. Averaged over those years that is 11.7% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $15.4 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Elemental Royalty's P/E ratio, and how does it compare with its own history? Elemental Royalty Corporation's P/E is 257.8×, in the middle of its own history: higher than 54% of past readings. Its usual P/E (the middle reading) is 169.2×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Elemental Royalty business getting better or worse? Elemental Royalty Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Elemental Royalty earn on its capital? Elemental Royalty Corporation earned a ROE of 0% in FY25. That is up from a low of −12% in FY22. Its return on capital used (ROIC) is 7.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.1% net margin and 0.05× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.1% net margin × 0.05× asset turnover × 1.16× leverage (assets divided by equity) ≈ 0.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 0.5% − 7.5% = −7.0 percentage points. The 7.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Elemental Royalty have too much debt? Elemental Royalty Corporation has total debt of $459 K against shareholder equity of $785 M as of Mar 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.48 in FY21 to 0.00 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Elemental Royalty shareholding pattern? We have no ownership or short-position figures for Elemental Royalty Corporation, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 5.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Elemental Royalty from balance-sheet trouble? For Elemental Royalty Corporation, the Z-score is 4.07. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 4.07 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Elemental Royalty rank in its industry? 47.1 out of 100, rank 9 of 17 in Other Precious Metals & Mining, with 67% of the evidence available. Elemental Royalty Corporation scores 47.1 out of 100 against the 17 companies it is compared with in Other Precious Metals & Mining, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 16.2 + 10.9 + 8.5 + 11.5 = 47.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Elemental Royalty compared with? Elemental Royalty ranks 9 of 17 Other Precious Metals & Mining companies on the 4-Factor Sector Score, with 47.1 out of 100. 1. [Vox Royalty Corp.](https://www.sectoralpha.in/us/stocks/voxr) VOXR · losing its lead · Most evidence points up · 67% evidence 73.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.2/35 · Revenue 100% · Profit n/a · Operating margin change 188.7 points · 71% evidence Capital efficiency 19.4/25 · ROCE 26.9% · Operating margin 182.3% · 76% evidence Valuation 10.8/20 · P/E 6.8× · PEG n/a · 15% evidence Relative strength 17.0/20 · Lead over its industry 21.7% · Lead over S&P 500 -16% · 1 year 15.9% · 100% evidence · 6 of 12 weeks ahead Exact sum: 26.2 + 19.4 + 10.8 + 17 = 73.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Compañía de Minas Buenaventura S.A.A.](https://www.sectoralpha.in/us/stocks/bvn) BVN · losing its lead · Most evidence points up · 85% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.9/35 · Revenue 68.8% · Profit 100% · Operating margin change 18.7 points · 95% evidence Capital efficiency 16.7/25 · ROCE 17.6% · Operating margin 41.9% · 76% evidence Valuation 15.3/20 · P/E 7× · PEG 0.69 · 65% evidence Relative strength 12.5/20 · Lead over its industry 14.3% · Lead over S&P 500 -21.4% · 1 year 19.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.9 + 16.7 + 15.3 + 12.5 = 70.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Hecla Mining Company](https://www.sectoralpha.in/us/stocks/hl) HL · quiet · Evidence leans up · 75% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 74.4% · Profit 100% · Operating margin change 17.1 points · 95% evidence Capital efficiency 18.6/25 · ROCE 24.7% · Operating margin 44.3% · 76% evidence Valuation 9.3/20 · P/E 31× · PEG n/a · 15% evidence Relative strength 8.3/20 · Lead over its industry 0.1% · Lead over S&P 500 -32.1% · 1 year -4.8% · 100% evidence · 6 of 12 weeks ahead Exact sum: 26.3 + 18.6 + 9.3 + 8.3 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Triple Flag Precious Metals Corp.](https://www.sectoralpha.in/us/stocks/tfpm) TFPM · quiet · Evidence leans up · 85% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.2/35 · Revenue 50.6% · Profit 100% · Operating margin change 10 points · 95% evidence Capital efficiency 16.3/25 · ROCE 11.9% · Operating margin 65.1% · 76% evidence Valuation 5.9/20 · P/E 15× · PEG 2.66 · 65% evidence Relative strength 16.6/20 · Lead over its industry 19.3% · Lead over S&P 500 -18% · 1 year -0.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 23.2 + 16.3 + 5.9 + 16.6 = 62 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [Metalla Royalty & Streaming Ltd.](https://www.sectoralpha.in/us/stocks/mta) MTA · quiet · Evidence leans up · 67% evidence 58.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 66.7% · Profit n/a · Operating margin change 36.1 points · 71% evidence Capital efficiency 10.7/25 · ROCE 1% · Operating margin 44.4% · 76% evidence Valuation 11.5/20 · P/E -1613.6× · PEG n/a · 15% evidence Relative strength 16.5/20 · Lead over its industry 23.8% · Lead over S&P 500 -13.9% · 1 year 10% · 100% evidence · 9 of 12 weeks ahead Exact sum: 19.3 + 10.7 + 11.5 + 16.5 = 58 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Gold Resource Corporation](https://www.sectoralpha.in/us/stocks/goro) GORO · turning · Evidence leans up · 67% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.0/35 · Revenue 100% · Profit n/a · Operating margin change 532.9 points · 71% evidence Capital efficiency 8.5/25 · ROCE -0.8% · Operating margin 20.3% · 76% evidence Valuation 11.0/20 · P/E -5.5× · PEG n/a · 15% evidence Relative strength 11.2/20 · Lead over its industry -0.9% · Lead over S&P 500 -32.5% · 1 year -23.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 27 + 8.5 + 11 + 11.2 = 57.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Versamet Royalties Corporation](https://www.sectoralpha.in/us/stocks/vmet) VMET · quiet · Evidence leans up · 61% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.0/35 · Revenue 100% · Profit n/a · Operating margin change -40.8 points · 71% evidence Capital efficiency 13.9/25 · ROCE 9% · Operating margin 58% · 76% evidence Valuation 9.0/20 · P/E 35.9× · PEG n/a · 15% evidence Relative strength 13.3/20 · Lead over its industry 16.4% · Lead over S&P 500 -19.7% · 1 year 23.8% · 70% evidence · 0 of 12 weeks ahead Exact sum: 20 + 13.9 + 9 + 13.3 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Avino Silver & Gold Mines Ltd.](https://www.sectoralpha.in/us/stocks/asm) ASM · quiet · Evidence leans down · 75% evidence 47.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 47.5% · Profit 100% · Operating margin change 3.6 points · 95% evidence Capital efficiency 16.6/25 · ROCE 17.1% · Operating margin 34% · 76% evidence Valuation 9.5/20 · P/E 24× · PEG n/a · 15% evidence Relative strength 2.3/20 · Lead over its industry -9.3% · Lead over S&P 500 -38.5% · 1 year -0.5% · 100% evidence · 2 of 12 weeks ahead Exact sum: 19 + 16.6 + 9.5 + 2.3 = 47.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. Elemental Royalty Corporation this page ELE · quiet · Evidence leans down · 67% evidence 47.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 100% · Profit -25% · Operating margin change 1 points · 71% evidence Capital efficiency 10.9/25 · ROCE 1.6% · Operating margin 30.3% · 76% evidence Valuation 8.5/20 · P/E 396.6× · PEG n/a · 15% evidence Relative strength 11.5/20 · Lead over its industry 8.2% · Lead over S&P 500 -25.8% · 1 year -3.3% · 100% evidence · 8 of 12 weeks ahead Exact sum: 16.2 + 10.9 + 8.5 + 11.5 = 47.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Integra Resources Corp.](https://www.sectoralpha.in/us/stocks/itrg) ITRG · quiet · Evidence leans down · 65% evidence 44.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue n/a · Profit -26.7% · Operating margin change -9.8 points · 67% evidence Capital efficiency 15.3/25 · ROCE 17.9% · Operating margin 19% · 76% evidence Valuation 8.7/20 · P/E 42× · PEG n/a · 15% evidence Relative strength 7.4/20 · Lead over its industry -6.9% · Lead over S&P 500 -37% · 1 year -27.5% · 100% evidence · 7 of 12 weeks ahead Exact sum: 12.9 + 15.3 + 8.7 + 7.4 = 44.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [McEwen Inc.](https://www.sectoralpha.in/us/stocks/mux) MUX · quiet · Most evidence points down · 67% evidence 34.9 out of 100 Growth Capital Valuation Relative
12. Comstock Inc. LODE · quiet · Most evidence points down · 63% evidence 26.7 out of 100 Growth Capital Valuation Relative
13. Solaris Resources Inc. SLSR · basing · Too little evidence to rank firmly · 47% evidence 49.9 out of 100 Growth Capital Valuation Relative
14. Silver Bow Mining Corp. SBMT · quiet · Too little evidence to rank firmly · 27% evidence 45.1 out of 100 Growth Capital Valuation Relative
15. Guardian Metal Resources PLC GMTL · quiet · Too little evidence to rank firmly · 18% evidence 42.6 out of 100 Growth Capital Valuation Relative
16. Platinum Group Metals Ltd. PLG · quiet · Too little evidence to rank firmly · 50% evidence 40.0 out of 100 Growth Capital Valuation Relative
17. Perpetua Resources Corp. PPTA · quiet · Too little evidence to rank firmly · 47% evidence 29.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Other Precious Metals & Mining](https://www.sectoralpha.in/us/sectors/other-precious-metals-mining), all 17 compared on one page. ## Which companies are close to Elemental Royalty in size? Elemental Royalty is the 6th largest of 13 Other Precious Metals & Mining companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Sibanye Stillwater, Triple Flag Precious Metals Corp. and Versamet Royalties Corporation. Just below it: McEwen Inc., Avino Silver & Gold Mines and Metalla Royalty & Streaming. ### Other Precious Metals & Mining companies close in size

1. [Sibanye Stillwater Limited](https://www.sectoralpha.in/us/stocks/sbsw) $6.3 billion
2. [Triple Flag Precious Metals Corp.](https://www.sectoralpha.in/us/stocks/tfpm) $5.8 billion
3. [Versamet Royalties Corporation](https://www.sectoralpha.in/us/stocks/vmet) $936 million
4. Elemental Royalty Corporation $906 million
5. [McEwen Inc.](https://www.sectoralpha.in/us/stocks/mux) $837 million
6. [Avino Silver & Gold Mines Ltd.](https://www.sectoralpha.in/us/stocks/asm) $724 million
7. [Metalla Royalty & Streaming Ltd.](https://www.sectoralpha.in/us/stocks/mta) $668 million

[All 13 Other Precious Metals & Mining companies, largest first](https://www.sectoralpha.in/us/sectors/other-precious-metals-mining#all-companies)

### Companies close in size in other industries

1. [Westrock Coffee Company](https://www.sectoralpha.in/us/stocks/west) $947 million · Packaged Foods
2. [Rigel Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/rigl) $944 million · Biotechnology
3. Elemental Royalty Corporation $943 million
4. [OneSpan Inc.](https://www.sectoralpha.in/us/stocks/ospn) $943 million · Software - Infrastructure
5. [Afya Limited](https://www.sectoralpha.in/us/stocks/afya) $941 million · Education & Training Services

## What else do people ask about Elemental Royalty? ### What were Elemental Royalty's latest quarterly results? Elemental Royalty Corporation reported revenue of $23.8 M and net profit of $3.6 M for the Jun 2026 quarter. Revenue rose 161.6% and profit rose 2,148.7% compared with a year earlier. Earnings per share were $0.05. The operating margin was 30.3%, 1.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Elemental Royalty's market cap? Elemental Royalty Corporation's market capitalisation is $906 M at a stock price of $14.12. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Elemental Royalty performing? Elemental Royalty Corporation's latest readings are below. In its latest quarter, revenue rose 161.6% and profit rose 2,148.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 3 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Elemental Royalty's stock price go up? This page does not forecast Elemental Royalty Corporation's stock price. What it shows instead: the stock price is $14.12. Its P/E of 257.8× is higher than 54% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Elemental Royalty in its business cycle? Elemental Royalty Corporation's FY25 operating margin was 16.8%, against a 5-year range of −35.0% to 16.8%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 30.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Elemental Royalty story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Elemental Royalty a stock worth studying right now? What the numbers show: Elemental Royalty Corporation is reporting record margins. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.