328,681 Shares in Elevra Lithium Limited – Sponsored ADR $ELVR Bought by Legal & General Group Plc

Legal & General Group Plc purchased a new position in shares of Elevra Lithium Limited – Sponsored ADR (NASDAQ:ELVR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 328,681 shares of the company’s stock, valued at approximately $17,279,000. Legal & General Group Plc owned 1.94% of Elevra Lithium at the end of the most recent reporting period.

Separately, Hamilton Capital Partners LLC acquired a new stake in Elevra Lithium during the 4th quarter worth $263,000.

Elevra Lithium Trading Down 4.4%

Shares of ELVR opened at $88.58 on Tuesday. The company has a 50-day moving average of $75.95. The company has a quick ratio of 1.21, a current ratio of 1.67 and a debt-to-equity ratio of 0.02. Elevra Lithium Limited – Sponsored ADR has a 52-week low of $15.55 and a 52-week high of $101.50.

Analysts Set New Price Targets

A number of analysts recently weighed in on ELVR shares. Wall Street Zen upgraded shares of Elevra Lithium from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings restated a “sell (d-)” rating on shares of Elevra Lithium in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Insider Activity

In other news, COO Sylvain Collard sold 41,561 shares of the stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.77, for a total value of $239,806.97. Following the completion of the transaction, the chief operating officer owned 42,562 shares in the company, valued at $245,582.74. This trade represents a 49.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Elevra Lithium Company Profile

Elevra Lithium Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of mineral assets in Australia and Canada. The company explores for lithium, graphite, and gold deposits. Its flagship property includes the North American Lithium project that consists of 41 claims and one mining lease covering an area of approximately 1,493 hectares located in Quebec, Canada. The company was formerly known as Sayona Mining Limited and changed its name to Elevra Lithium Limited in August 2025.