← Signals · Industrials · TSX
$ELVA
Electrovaya Inc
Signal as of July 21, 2026  ·  90-day rolling window  ·  Industrial Goods
Confluence Score
39
out of 100  ·  Full breakdown →
Score delayed 7 days on Free  ·  See today's score — Analyst →
Signals scoring 20–39 have historically hit 40% of the time (avg +4.5% over 90 days, 537 backtested signals). Methodology →
🔒 Risk monitoring — insider-selling & reversal warnings (Analyst)
Confluence Score
39
Insider Activity (90d)
1
1 buyer  ·  $51K  ·  open-market only
Current Price
$11.31
CAD  ·  5-min cache
Market Cap
$560M
CAD  ·  TMX
Lobbying & Contracts
None
0 regs  ·  0 contracts
Industrials on Form55: 52% hit rate · +1.0% alpha vs XIU.TO · 46 closed signals Track Record →
Signal Analyst
The Confluence Score and insider trade feed above are free. Signal Analyst adds the full component breakdown, lobbying registrations, and contract wins — plus alerts when this company's signal moves, so you don't have to keep checking back.
Monitor — CAD $29/mo
Price Chart
12 months daily  ·  TSX:ELVA
Insider Transactions
90-day window  ·  7 filings
Date Insider Role Nature Dir. Shares Buy Price Return Value
Jul 24, 2026 Dasgupta, Raj Exercise Sell 150,000 $5.00 $750K
Jul 24, 2026 Dasgupta, Raj Exercise Buy 150,000 $5.00 +126.2%  · 4d $750K
Jul 15, 2026 Dang, Jeremy Exercise Sell 20,000 $3.40 $68K
Jul 15, 2026 Dang, Jeremy Exercise Sell 20,000 $3.40 $68K
Jun 12, 2026 Hansson, Carolyn Mary Corp. Event Sell 5,320 $13.32 $71K
May 21, 2026 Dasgupta, Raj Exercise Buy 400,000
May 21, 2026 Dasgupta, Raj Exercise Sell 400,000
Score uses open-market buys only  ·  0 open-market  ·  2 plan / compensation shown but not scored  ·  Return is unrealized, to today's price; a “· Nd” mark means the 90-day window is still open (N of 90 days) — too early to judge.
Score Breakdown
Signal Analyst  ·  $29/mo
Component Points Max Detail Weight
Conviction (unique buyers)  ✓ FREE PREVIEW 30 30 1 unique buyer (maximum conviction)
Buy/sell ratio 20 20% buys (1B / 4S)
Dollar value 25 $51K
Lobbying activity 15 None
Contract wins 10 None
Insider track record 10 Avg 19% credibility (limited data)
Private placements 8 None
Confluence bonus 10 None
Cluster timing (velocity) 10 No coordinated buying cluster detected
Buy/sell reversal pattern 8 No buy/sell reversal pattern
Total 39 100
Unlock Component Detail — CAD $29/mo
Lobbying Registrations
OCL active  ·  none found
No active OCL lobbying registrations in the last 90 days. Analyst plan →
Government Contract Wins
90-day window  ·  none found
No government contract wins in the last 90 days. Analyst plan →
Private Placements
12 months  ·  Signal Analyst  ·  $29/mo
Private placement history, deal size, and lock-up expiry tracking. Analyst plan →
Political Footprint
Donations · lobbying · contracts

4 insiders linked to ELVA are also individual political donors — $4K across 11 donations (2008–2020).

Liberal Party of Canada · $4K Conservative Party of Canada · $20

Sources: Elections Canada (individual donations only — corporate political donations banned federally since 2007), the federal Registry of Lobbyists, and federal contract disclosures. Insiders matched to donors by name. Shown for transparency from disclosed public records — this is not a Confluence Score input, implies no causal link between donations, lobbying, or contracts, and is not a claim of wrongdoing.

Indigenous Consultation
no records on file

No Indigenous consultation records on file for ELVA.

SEDAR+ Filings
official filing registry
Form55 monitors SEDAR+ filing alerts and newswire announcements for Technical Reports and material changes. Search SEDAR+ →
Short Interest
CIRO  ·  Jul 15, 2026
Shares short
414,023
Net change
+163,501 (+65.3%)
Short interest rose 65% since the prior report.
History
Jul 15: 414,023
Jun 30: 250,522
Jun 15: 169,936
May 31: 174,086
May 15: 131,257
Apr 30: 150,760
Aggregate short position from CIRO's Consolidated Short Position Report (published twice monthly).
Wikipedia Attention
Pageviews  ·  30 days
Views (30d)
988
Daily English-Wikipedia pageviews (Wikimedia). Traffic spikes often coincide with news — a public-attention indicator, not investment advice.
Government Grants & Funding
11 federal awards  ·  $14.1M total
Program / Agreement Department Amount Start
Industrial Research Assistance Program – Contributions to Firms Contribution National Research Council Canada $600K Sep 2025
Industrial Research Assistance Program – Contributions to Firms Contribution National Research Council Canada $430K Dec 2022
Industrial Research Assistance Program – Contributions to Firms Contribution National Research Council Canada $545K Oct 2021
Innovation Assistance Program Contribution National Research Council Canada $396K Apr 2020
Regional Relief and Recovery Fund (RRRF) – Direct Contribution Federal Economic Development Agency for Southern Ontario $380K Mar 2020
Contribution Natural Resources Canada $3.7M Mar 2015
Contribution Natural Resources Canada $3.7M Dec 2013
Contribution Natural Resources Canada $389K Jan 2013
Contribution National Research Council Canada $150K Dec 2012
Contribution Natural Resources Canada $3.4M Jun 2011
Contribution National Research Council Canada $500K Apr 2010
Federal grants & contributions disclosed by the Government of Canada (Proactive Disclosure), matched to this issuer by legal name. Government funding can be a pre-revenue validation and capital signal. Display-only context, not a Confluence Score input.
Form55 provides data and analysis for informational purposes only. Nothing on this site constitutes investment advice or a recommendation to buy or sell any security. Past performance is not indicative of future results.