Electra Battery Materials Corporation (ELBM)

NASDAQ: ELBM · Real-Time Price · USD
0.485
-0.015 (-2.98%)
At close: Nov 20, 2024, 4:00 PM
0.460
-0.025 (-5.15%)
After-hours: Nov 20, 2024, 7:58 PM EST
-2.98%
Market Cap 28.68M
Revenue (ttm) n/a
Net Income (ttm) -50.07M
Shares Out 57.37M
EPS (ttm) -0.89
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 82,698
Open 0.502
Previous Close 0.500
Day's Range 0.485 - 0.503
52-Week Range 0.261 - 0.750
Beta 1.95
Analysts Strong Buy
Price Target 1.40 (+188.6%)
Earnings Date Nov 15, 2024

About ELBM

Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt, copper, and silver deposits. The company’s flagship project comprises the Iron Creek cobalt-copper project that includes patented and unpatented claims totaling an area of approximately 3,260 hectares and 600 meters of underground drifting from three adits located in Lemhi County, Idaho. It also operates a hydrometallurgical cobalt refinery for producing battery materials for ... [Read more]

Sector Materials
Founded 2011
Employees 37
Stock Exchange NASDAQ
Ticker Symbol ELBM
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for ELBM stock is "Strong Buy" and the 12-month stock price forecast is $1.4.

Price Target
$1.4
(188.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties

TORONTO, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it has secured a 10-year explorati...

2 days ago - GlobeNewsWire

Electra Files Third Quarter 2024 Financial Reports

TORONTO, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announces the filing of their third quarter 2024 financi...

6 days ago - GlobeNewsWire

Nickel Miners News For The Month Of October 2024

Nickel spot prices were lower the last month. Nickel market news -  The US government is reportedly examining price support mechanisms for domestic critical mineral projects. US Treasury allows miners...

Other symbols: BHPNIKL
20 days ago - Seeking Alpha

Electra Announces US$5 Million Financing

TORONTO, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it has received a non-binding term...

27 days ago - GlobeNewsWire

Cobalt Miners News For The Month Of October 2024

Cobalt spot prices were generally flat for the month. Cobalt market news: The US government is reportedly examining price support mechanisms for domestic critical mineral projects. S&P Global: Cobalt ...

Other symbols: TMC
27 days ago - Seeking Alpha

Electra to Participate in OECD Conference

TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce CEO Trent Mell will be participating in...

6 weeks ago - GlobeNewsWire

Electra Appoints Industry Veteran to Lead Refinery Construction Project

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce the appointment of Michael Green as its Construction Dir...

7 weeks ago - Business Wire

Electra Commercial Team to Attend LME Week

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce its commercial team, led by Vice President Mic...

2 months ago - Business Wire

Electra Achieves Technical Grade Lithium Carbonate in Recycling Program

TORONTO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce the successful achievement of greater ...

2 months ago - GlobeNewsWire

Electra and Three Fires Group Announce Aki Battery Recycling Joint Venture

TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce a joint venture, named Aki Battery Rec...

2 months ago - GlobeNewsWire

Electra Announces $20 Million Strategic Investment Proposal

(All amounts in US dollars) TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today provided an update on its f...

2 months ago - GlobeNewsWire

Electra to Discuss Partnership Opportunities at Indonesian Critical Minerals Summit

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce its participation in Indonesia's first ...

2 months ago - GlobeNewsWire

Electra Engages Altitude Capital Consultants

TORONTO, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce, in support of its strategic plans to b...

3 months ago - GlobeNewsWire

Cobalt Miners News For The Month Of August 2024

Cobalt spot prices were lower for the month. Supply surge pushes Chinese cobalt metal prices to eight-year low. Cobalt market news - US military announces $20m grant to build cobalt refinery in Canada...

Other symbols: TMC
3 months ago - Seeking Alpha

Electra Awarded $20 Million from U.S. Department of Defense Under the Defense Production Act

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), a processor of low-carbon, ethically-sourced battery materials, announced toda...

3 months ago - Business Wire

Electra Announces Agreement Regarding Outstanding Convertible Notes Interest and Filing of Second Quarter 2024 Financial Reports

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that the Company and the holders of US$51 mill...

3 months ago - Business Wire

Electra Announces Voting Results of its 2024 Annual Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced voting results of its 2024 annual general and special...

3 months ago - Business Wire

Electra Identifies New Copper Showing in Idaho and Extends Redcastle Agreement

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announces a new copper showing in proximity to its Iron Creek Project...

4 months ago - Business Wire

Electra Awarded $5 Million from Government of Canada to Advance Development of Proprietary Battery Metals Recycling Technology

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced that it has received $5 million in contribution fundi...

5 months ago - Business Wire

Electra Files First Quarter 2024 Financial Reports

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announces the filing of their first quarter 2024 financial reports. “Over...

6 months ago - Business Wire

Electra Provides Refinery Update and Files 2023 Financial Reports

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today provided an update on its Refinery project and announced the filing of th...

6 months ago - Business Wire

Nickel Miners News For The Month Of April 2024

Nickel spot prices were significantly higher the last month. Nickel market news - US & UK prohibit import of Russian-origin aluminum, copper, and nickel. The U.S. Loans Program Office has added supply...

Other symbols: BHPNIKL
7 months ago - Seeking Alpha

Cobalt Miners News For The Month Of April 2024

Cobalt spot prices were slightly lower for the month. LME inventory was unchanged for the month. Cobalt market news - S&P Global - Cobalt metal market was seen oversupplied through Q2 as demand subdue...

Other symbols: TMC
7 months ago - Seeking Alpha

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) and Eurasian Resources Group S.A.R.L. (“ERG”), a leading diversified natura...

8 months ago - Business Wire

Nickel Miners News For The Month Of March 2024

Nickel spot prices were lower the last month and remain very low causing distress to the nickel miners. Nickel market news - Macquarie - Nickel market surplus just 36,000t this year. Nickel prices may...

Other symbols: BHPNIKL
8 months ago - Seeking Alpha