# Elemental Royalty Corporation (ELE)

**Exchange:** NASDAQ  
**Sector:** Basic Materials  
**Market cap:** $429M  
**Price:** $14.31 (-3.44%)

> Elemental Royalty Corporation is a precious metals royalty and streaming company headquartered in Vancouver, British Columbia, and formed through a strategic merger of Elemental Altus Royalties and EMX Royalty Corporation. The company acquires uncapped royalties and streams over producing and near-producing mines operated by established operators, while also generating royalties on new exploration discoveries. Its portfolio includes world-class assets such as Wahgnlon, Karlawinda, Amancaya, Laverton, Mercedes, Kwale, Mt. Pleasant, Panton, and Western Queen, with a primary focus on gold alongside complementary base metals exposure. The company operates a globally diversified portfolio spanning North America, South America, Europe, Australia, and Africa, positioning it as a peer-leading revenue-generating royalty company. Elemental Royalty provides investors with exposure to precious metals and critical raw materials essential for global digitization and electrification trends, while maintaining a capital-efficient business model through both acquisition and organic royalty generation from early-stage exploration.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $44M | $27M | $7M | $2M | $0.06 |
| 2024 | $16M | $9M | $721,000 | -$364,000 | $0.00 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $907M | $127M | $780M | $53M | — |
| 2024 | $204M | $8M | $196M | $4M | $3M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $31M | -$69M | -$38M |
| 2024 | $8M | -$3M | $2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ELE)