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Elektros Stock Price, News & Analysis

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Company Description

ELEKTROS INC (OTC PINK: ELEK) is described in its public communications as a forward-thinking company focused on the exploration and development of rare-earth elements that are essential for modern energy solutions. The company highlights lithium as a core focus area and presents itself as working to support the global shift toward renewable energy and electric transportation.

According to multiple press releases, Elektros Inc. is involved with lithium opportunities in Sierra Leone. The company has announced lithium discoveries and geological survey results in that country and has characterized its Sierra Leone activities as a lithium expedition and lithium project. In a corporate update, Elektros stated that it obtained an artisanal mining license for its lithium project in Sierra Leone as of September 2025, and clarified that earlier lithium testing referenced in prior communications had been conducted by a partner on behalf of a third party.

Elektros Inc. also describes itself as a rare-earth explorer and as a pioneer in the rare-earth sector, emphasizing the role of lithium as a critical material for electric vehicle batteries and renewable energy storage. Its public materials repeatedly connect the company’s focus on lithium with broader clean energy and electric vehicle trends, and position its Sierra Leone lithium discovery as a potential new frontier within the global lithium supply landscape.

The company’s press releases reference an emphasis on sustainability and on supporting the transition from fossil fuels to cleaner energy sources. Elektros presents its rare-earth and lithium activities as aligned with environmental priorities and with global efforts to expand electric vehicles and clean technologies.

In addition to its technical and resource-related messaging, Elektros Inc. places notable emphasis on shareholder communication. The company has stated that it is committed to transparency, public disclosure, and step-by-step communication of its progress through established media channels. It has also highlighted its intention to build a strong and resilient corporate foundation, and to pursue what it characterizes as disciplined growth.

Elektros Inc. has communicated that it is based in Sunny Isles Beach, Florida, and that it trades on the OTC Pink marketplace under the ticker symbol ELEK. The company’s news releases describe it as an early-stage or small-cap explorer in the lithium and rare-earth space, and they present its Sierra Leone project as being at an early but potentially significant stage of development.

In 2026 communications, Elektros Inc. announced plans to expand its Advisory Board. The company indicated that it is seeking young, ambitious, and forward-thinking entrepreneurs with understanding of mining, resource development, and entrepreneurship to help strengthen its foundation. This advisory board expansion is presented as part of the company’s effort to surround itself with individuals who understand the mining sector and who share an entrepreneurial mindset oriented toward operational execution.

Across its public statements, Elektros Inc. consistently links its business focus to themes such as lithium as “white gold,” the importance of lithium for electric vehicles and energy storage, and the idea of early-stage participation in a growing sector. The company’s own descriptions emphasize that it is in the early stages of development and that its lithium-related activities in Sierra Leone represent a ground-floor opportunity in a sector it views as strategically important.

Business Focus

Based on its press releases, Elektros Inc.’s business focus can be summarized as:

  • Exploration and development of rare-earth elements, with a particular emphasis on lithium.
  • Pursuit of lithium opportunities in Sierra Leone, including a lithium expedition and a lithium project supported by an artisanal mining license obtained in 2025.
  • Positioning its activities within the broader context of clean energy, electric vehicles, and renewable energy storage.

Corporate Communication and Positioning

Elektros Inc.’s public communications place strong emphasis on:

  • Transparency and disclosure, with stated plans to communicate progress step by step through media channels.
  • Shareholder engagement, including messages of appreciation to shareholders and references to long-term value creation.
  • Advisory and leadership development, including the expansion of an Advisory Board with individuals experienced in mining and entrepreneurship.

Risk and Clarifications

In a corporate update, Elektros Inc. provided specific clarifications regarding its operations:

  • It stated that from January 1, 2025, to September 2025, it did not hold a mining license in Sierra Leone.
  • It reported that as of September 2025, it obtained an artisanal mining license for its lithium project in Sierra Leone.
  • It clarified that lithium testing previously mentioned in earlier communications had been conducted in August 2023 by the company’s partner on behalf of a Chinese client, rather than by Elektros itself.

These clarifications underscore that Elektros Inc. is an early-stage company in the lithium and rare-earth exploration space, and that its operational status has evolved over time, particularly with respect to licensing in Sierra Leone.

Stock and Market Context

Elektros Inc. is quoted in its own press releases as an OTC Pink company under the symbol ELEK. The company’s communications describe share price movements and trading activity in connection with news about its lithium discovery and Sierra Leone operations. These materials portray Elektros as a small-cap or early-stage explorer whose stock can experience significant volatility around announcements related to lithium exploration and perceived sector opportunities.

Summary

Overall, Elektros Inc. presents itself, through its own public statements, as a company focused on:

  • Exploration and development of lithium and other rare-earth elements.
  • Early-stage lithium activities in Sierra Leone, supported by an artisanal mining license obtained in 2025.
  • Alignment with global trends toward electric vehicles, renewable energy, and clean technology.
  • Building a transparent, shareholder-focused organization with an expanded advisory structure and a stated emphasis on disciplined growth.

Stock Performance

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Last updated:
-40.32%
Performance 1 year
$190.2M

SEC Filings

No SEC filings available for Elektros.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Operating Cash Flow

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Short Interest History

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Frequently Asked Questions

What is the current stock price of Elektros (ELEK)?

The current stock price of Elektros (ELEK) is $0.0074 as of February 9, 2026.

What is the market cap of Elektros (ELEK)?

The market cap of Elektros (ELEK) is approximately 190.2M. Learn more about what market capitalization means .

What does Elektros Inc. do?

According to its press releases, Elektros Inc. focuses on the exploration and development of rare-earth elements, with particular emphasis on lithium. The company links its activities to modern energy solutions and the global shift toward renewable energy and electric vehicles.

Where does Elektros Inc. trade and under what symbol?

Elektros Inc. states in its news releases that it trades on the OTC Pink marketplace under the ticker symbol ELEK.

What is Elektros Inc.’s connection to lithium in Sierra Leone?

Elektros Inc. describes a lithium expedition and lithium project in Sierra Leone. The company has reported lithium discoveries and geological survey results there and presents this project as a key part of its rare-earth and clean energy focus.

Does Elektros Inc. have a mining license in Sierra Leone?

In a corporate update, Elektros Inc. stated that it did not hold a mining license in Sierra Leone from January 1, 2025, to September 2025. It further reported that as of September 2025, it obtained an artisanal mining license for its lithium project in Sierra Leone.

How does Elektros Inc. describe its business stage and size?

Elektros Inc.’s own communications refer to the company as an early-stage or small-cap explorer in the rare-earth and lithium sector, emphasizing that its Sierra Leone lithium project is at an early but potentially significant stage.

How does Elektros Inc. position itself within the clean energy transition?

The company’s press releases repeatedly highlight lithium as critical for electric vehicle batteries and renewable energy storage. Elektros presents its rare-earth and lithium exploration activities as aligned with the global transition away from fossil fuels toward cleaner energy technologies.

What clarifications has Elektros Inc. provided about its lithium testing?

Elektros Inc. clarified that lithium testing previously announced in earlier communications was conducted in August 2023 by its current partner on behalf of a Chinese client, rather than by Elektros itself.

How does Elektros Inc. describe its approach to shareholder communication?

The company states that it is committed to full transparency and public disclosure, indicating that it intends to announce and disclose its progress step by step through established media channels so that the public can follow its evolution.

What is Elektros Inc.’s stance on sustainability?

In its public descriptions, Elektros Inc. links its rare-earth and lithium focus to sustainability, stating that it is committed to advancing renewable energy solutions and to supporting a cleaner and more connected future.

What recent corporate initiatives has Elektros Inc. announced?

In a 2026 press release, Elektros Inc. announced a strategic expansion of its Advisory Board. The company reported that it is seeking young, ambitious, and forward-thinking entrepreneurs with understanding of mining, resource development, and entrepreneurship to help strengthen its foundation.