Elevate Uranium Share Price and Company Fundamentals



Price
$0.31
Change
0.030 (10.714%)
52 week
0.068 - 0.46

Last traded: Today at 5:59 AM

Elevate Uranium Ltd engages in the exploration and evaluation of uranium deposits in Namibia. The company holds 75% interest in the Marenica uranium project covering an area of 321 square kilometers; and 100% interest in the Mile 72 uranium project covering an area of 21 square kilometers located in the Erongo uranium province in Namibia. It also holds 100% interest in the Koppies and Hirabeb projects located in Namib Desert region of Namibia. 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.

Key Metrics

PE ratio

-

PB ratio

8.16

Dividend yield

Beta

1.22

Market cap

$70.75M

Enterprise value

$51.49M

Company profile

Primary activitiesExploration for uranium & other minerals
Industry / SectorUranium / Energy
Websitehttp://www.elevateuranium.com.au
Mailing addressOffice C1 1139 Hay Street West Perth WA 6005 Australia
Phone / Fax61 8 6555 1816 / 61 8 9315 2233
Share registryADVANCED SHARE REGISTRY SERVICES

Dividends

Elevate Uranium does not pay dividends.

Company Executives

As of Jul 2021, following are the company executives and directors listed on Elevate Uranium.

NameTitleAgeTotal Pay
Mr. Murray Philip Hill B.Sc., FausimmMD, CEO & Director284.7k
Mr. Shane McBride M.A.I.C.D., B.Bus (Acct), FCPA, FGIA, FCIS, MAICDCFO & Company Sec.270k
Ms. Jessica BezuidenhoutGen. Mang. of Namibia
Mr. Berti RoesenerConsulting Exploration Mang. of Namibia
Mr. David John Princep B.Sc., P.Geo., B.Sc, FAusIMM(CP)Consulting Geologist65

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

0.00%

Return on assets

-18.72%

Return on equity

-33.55%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Elevate Uranium is 70.75M and its enterprise value is 51.49M.

The EL8's stocks Beta value is 1.22 making it 22% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Elevate Uranium (EL8)

Elevate Uranium (ASX:EL8) Frequently Asked Questions

1. What is Elevate Uranium's Stock Symbol?

Elevate Uranium trades on ASX under the ticker symbol "EL8".

2. What is Elevate Uranium's stock price today?

One share of EL8 stock can currently be purchased for approximately $0.31.

3. How can I contact Elevate Uranium?

Elevate Uranium's mailing address is Office C1 1139 Hay Street West Perth WA 6005 Australia. The company can be reached via phone at 61 8 6555 1816.

4. What is Elevate Uranium's official website?

The official website of Elevate Uranium is http://www.elevateuranium.com.au.

5. Which share registry manages Elevate Uranium's stock?

Elevate Uranium's stock is managed by ADVANCED SHARE REGISTRY SERVICES.