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  5. ELVA: Hi 5i, May I please have your current opinion on Electrovaya as a 3 to 5 year hold? [Electrovaya Inc.]

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Q: Hi 5i,
May I please have your current opinion on Electrovaya as a 3 to 5 year hold?

I see that the stock price has gone up recently.

If you could provide some insight on the company and their future prospects it would be appreciated.

Also, do you feel that there is much in the way of risk related to U.S. tariffs and the upcoming renegotiation of CUSMA.
Thanks!
Asked by Brian on September 24, 2025
5i Research Answer:
ELVA is up 181% this year, bringing market cap to $401M. It trades at 71X earnings, no dividend....
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