Elevra Lithium American Depository Shares (ELVR) vs IperionX (IPX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Elevra Lithium American Depository Shares (ELVR) has outperformed IperionX (IPX) over the past year, gaining 38.1% versus a loss of 71.9%. Elevra Lithium American Depository Shares is the larger company by market cap ($670.0 million vs $573.4 million), about 1.2 times the size. On valuation, IperionX trades at a lower forward P/E (10.3x vs 495.9x for Elevra Lithium American Depository Shares).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ELVR | IPX |
|---|---|---|
| Share price | $34.71 | $15.83 |
| Market cap | $669.98M | $573.43M |
| 1-day change | -7.24% | -6.94% |
| YTD return | -33.97% | -56.25% |
| 1-year return | +38.09% | -71.93% |
| P/E ratio (TTM) | 12.95 | — |
| Forward P/E | 495.86 | 10.35 |
| EPS (TTM) | $2.68 | $-1.87 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $102.80 | $61.45 |
| 52-week low | $23.70 | $15.34 |
| Distance from 52-week high | -66.24% | -74.24% |
| Analyst consensus | — | strong_buy |
| Avg. price target upside | — | +168.48% |
| Average volume | 49.34K | 297.60K |
| Shares outstanding | 19.30M | 36.22M |
| Employees | 246 | — |
| Sector | Basic Materials | Basic Materials |
| Industry | Other Industrial Metals & Mining | Other Industrial Metals & Mining |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ELVR has outperformed IPX by 110.0 percentage points over the past year.
About Elevra Lithium American Depository Shares
ELVR stock →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.
Basic Materials · Other Industrial Metals & Mining · 246 employees
About IperionX
IPX stock →IperionX Limited engages in the development of its mineral properties in the United States. It holds a 100% interest in the critical minerals Titan project, which has resources of titanium, zircon, and rare earth mineral resources in Tennessee, the United States.
Basic Materials · Other Industrial Metals & Mining
ELVR vs IPX FAQ
Which is bigger, Elevra Lithium American Depository Shares or IperionX?
Elevra Lithium American Depository Shares (ELVR) is larger, with a market capitalization of $669.98M compared with $573.43M for IperionX (IPX).
Which stock has performed better over the past year, ELVR or IPX?
ELVR returned +38.09% over the past 12 months, compared with -71.93% for IPX (price return, excluding dividends). Past performance does not predict future results.
Are Elevra Lithium American Depository Shares and IperionX in the same industry?
Yes. Both are classified in the Other Industrial Metals & Mining industry within the Basic Materials sector.