When was Eloro Resources founded?

Eloro Resources was founded in 1975 and raised its 1st funding round 44 years after it was founded.

Where is Eloro Resources located?

Eloro Resources is headquartered in Toronto, Canada.

Who is the current CEO of Eloro Resources?

Thomas Larsen of Eloro Resources.

How many employees does Eloro Resources have?

As of May 27, 2025, the latest employee count at Eloro Resources is 49.

Is Eloro Resources a funded company?

Eloro Resources is a funded company, having raised an undisclosed amount across 15 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Oct 22, 2019.

When was the latest funding round of Eloro Resources?

Eloro Resources' latest funding was a $***** Post IPO round on Feb 24, 2026, with participation from 0 investor. Its primary sector is Mining Companies. In Canada, the Mining Companies sector has seen $2.92B in funding in 2026 to date.

Where does Eloro Resources rank among its competitors?

Eloro Resources ranks 82nd amongst 1283 active competitors, of which 34 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Eloro Resources, which secured $11M in Feb, 2026.

Who are the top competitors of Eloro Resources?

Eloro Resources' top competitors include Vale, BHP and Globex Mining. Among them, Eloro Resources secured the most recent funding round in February, 2026.

Eloro Resources - 2026 Company Profile, Team, Funding & Competitors

Eloro Resources is a public company based in Toronto (Canada), founded in 1975. It operates as a Mining and exploration company focused on gold and base metal properties. Eloro Resources has raised an undisclosed amount in funding. The company has 1283 active competitors, including 34 funded and 711 that have exited. Its top competitors include companies like Vale, BHP and Globex Mining.

Company Details

Website: elororesources.com
Social
Email ID: *****@elororesources.com
Phone Number: +1 **********

Key Metrics

Founded Year

1975

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Post IPO, Feb 24, 2026, $*****

Investors

Crescat Capital & 1 more

Ranked

82^nd among 1283 active competitors

Employee Count

49 as on May 27, 2025

Investment & Acquisitions

Cartier Silver

Similar Companies

Vale & 1335 more

Exit Details

Public

View Eloro Resources' full profile

Eloro Resources got listed on Mar 06, 2023.

Click here to take a look at Eloro Resources's IPO in detail

Eloro Resources has raised funding over 15 rounds. Its first funding round was on Oct 22, 2019. Eloro Resources has 1 institutional investor and 1 angel investor.

Here is the list of recent funding rounds of Eloro Resources:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 24, 2026	3088717	Post IPO	3701321	1010438	4870052	4752139
Aug 25, 2025	6066984	Post IPO	2189448	6152537	5077452	2329621
Apr 30, 2025	9448048	Post IPO	4220781	3599685	6722369	7019001

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View details of Eloro Resources's funding rounds and investors

Eloro Resources' employee count trend

Eloro Resources has 49 employees as of May 25. Here is Eloro Resources's employee count trend over the years:

Employee count trend for Eloro Resources

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Top competitors of Eloro Resources include Vale, BHP and Globex Mining. Here is the list of Top 10 competitors of Eloro Resources, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vale 1942, Rio de Janeiro (Brazil), Public	Provider of iron ore and nickel exploration services	-	Maaden, Brookfield Asset Management & 11 others	69/100
2nd	BHP 1885, Melbourne (Australia), Public	Provider of multinational mining, metals, and natural gas petroleum services	-	AUI, Carlton Investments & 10 others	62/100
3rd	Globex Mining 1949, Rouyn Noranda (Canada), Public	Diversified metals exploration and development company	$19.6M	Yamana Gold, Electro Metals & 1 others	60/100
4th	Hindustan Zinc 1966, Udaipur (India), Acquired	Zinc, lead and silver mining company	-	-	59/100
5th	New Gold 1996, Ontario (United States), Acquired	Gold mining company	-	RBC Capital Markets, Ontario Teachers' Pension Plan ... & 1 others	58/100
6th	Sibanye-Stillwater 2012, Westonaria (South Africa), Public	Producer of gold	-	Lone Bull Group, Milost Global	58/100
7th	Avalon Advanced Materials 1995, Toronto (Canada), Public	Developer of lithium and rare-earth mineral projects	-	The Lind Partners, Sibelco & 1 others	57/100
8th	Severstal 1955, Cherepovets (Russia), Acquired	Vertically integrated steel and steel-related mining company	-	Severgroup	57/100
9th	Eldorado Gold 1992, Vancouver (Canada), Public	Gold and base metal exploration company	-	National Bank Financial Wealth Management, BMO Capital Markets ... & 2 others	56/100
10th	USAC 1968, Thompson Falls (United States), Public	Mining & exploration company focused on antimony and precious metals	$2.2M	-	55/100
82nd	Eloro Resources 1975, Toronto (Canada), Public	Mining and exploration company focused on gold and base metal properties	-	Crescat Capital & 1 others	46/100