Electra Battery Materials Corporation (ELBM)

NASDAQ: ELBM · IEX Real-Time Price · USD
0.415
+0.006 (1.44%)
Apr 23, 2024, 3:25 PM EDT - Market open
1.44%
Market Cap 23.28M
Revenue (ttm) n/a
Net Income (ttm) -4.24M
Shares Out 55.84M
EPS (ttm) -1.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 45,358
Open 0.410
Previous Close 0.409
Day's Range 0.407 - 0.425
52-Week Range 0.310 - 2.660
Beta 2.02
Analysts Strong Buy
Price Target 1.93 (+365.06%)
Earnings Date May 8, 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 and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery M... [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 2 analysts, the average rating for ELBM stock is "Strong Buy." The 12-month stock price forecast is $1.93, which is an increase of 365.06% from the latest price.

Price Target
$1.93
(365.06% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

21 days ago - Business Wire

Electra Receives Extension from NASDAQ to Resolve Minimum Price Requirement

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today it has received an additional 180-days notice (the “E...

4 weeks ago - Business Wire

Electra Provides Corporate Update

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that the Company has received the approval of ...

5 weeks ago - Business Wire

Electra Participating in Upcoming North American Critical Minerals Industry & Investment Events

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) is pleased to announce senior management will be participating in the sever...

2 months ago - Business Wire

Electra Receives $5 Million Grant from Government of Canada to Support the Development of the North American Electric Vehicle Supply Chain

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) today announced that it has received a $5 million investment from the Gover...

2 months ago - Business Wire

Electra Provides Update on Black Mass Recycling

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company) today provided an update on its battery materials recycling trial taki...

2 months ago - Business Wire

Electra Appoints Heather Smiles as Vice President, Investor Relations & Corporate Development

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce the appointment of Heather Smiles as Vice Pres...

3 months ago - Business Wire

Electra Appoints 30-year Finance Veteran as CFO and Provides Financing Update

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that Mr. David Allen, CPA, CA, has been appoin...

4 months ago - Business Wire

Electra Appoints Metallurgist with 30 Years of Experience as VP of Technology

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced that George Puvvada, Ph.D., P.Eng., PMP, was appointed Vice President ...

5 months ago - Business Wire

Electra Announces Proposed Amendments to Outstanding Warrants

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today that it intends to amend the terms of an aggregate of 10,796,05...

5 months ago - Business Wire

Electra and Rock Tech Lithium sign Lithium Recycling MOU for North American Market

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced the signing of a memorandum of understanding with Rock Tech Lithium (TSX-V:RCK) ...

5 months ago - Business Wire

Rock Tech and Electra sign Lithium Recycling MOU for North American Market

TORONTO , Nov. 28, 2023 /PRNewswire/ - Rock Tech Lithium (the "Company" or "Rock Tech")  (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V)  today announced the signing of a memorandum of understand...

5 months ago - PRNewsWire

Electra Reports Q3 2023 Results and Provides Update on Battery Material Refinery Project

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today reported its financial results for the three- and nine-month periods ende...

5 months ago - Business Wire

Electra Provides Notice of Third Quarter 2023 Results Conference Call and Webcast

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) will release its third quarter 2023 financial results after market close on November 1...

5 months ago - Business Wire

Electra Postpones Third Quarter 2023 Results Conference Call and Webcast

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced that the Company has postponed its conference call and webcast previously schedu...

5 months ago - Business Wire

Electra Announces Voting Results of its 2023 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 2023 annual general and special...

6 months ago - Business Wire

Electra Provides Update on Cobalt Refinery Project

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) today provided an update on the construction of its battery grade cobalt su...

6 months ago - Business Wire

Electra to Host Annual Meeting of Shareholders on October 24

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that its annual and special meeting of shareholders will be...

6 months ago - Business Wire

Electra Extends Processing of Black Mass Material Based on Successes of Its Battery Recycling Trial

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”), currently constructing North America's only cobalt sulfate refinery, today pro...

7 months ago - Business Wire

Electra Receives NASDAQ Notice on Minimum Price Deficiency

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today that it received a notice (“Notice”) from The Nasdaq Stock Mark...

7 months ago - Business Wire

Electra Provides Notice of Change of Auditors

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Aud...

7 months ago - Business Wire

Electra Reports Q2 2023 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Trial

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today reported its financial results for the three- and six-month periods ended...

8 months ago - Business Wire

Electra Closes Private Placements for Gross Proceeds of $21.5 Million, Including Exercise of Over-Allotment Option

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the close of its previously announced brokered private placemen...

9 months ago - Business Wire

Electra Announces Upsized Brokered Private Placement and Coincident Non-Brokered Placement for Gross Proceeds of up to $21.5 Million

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that due to significant investor demand, the Company has...

9 months ago - Business Wire

Electra Enhances Terms of Cobalt Supply Agreement with LG Energy Solution

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced that its battery grade cobalt supply agreement with LG Energy Solution (LGES; KR...

9 months ago - Business Wire