Electra Battery Materials Corporation (ELBM)

NASDAQ: ELBM · IEX Real-Time Price · USD
2.18
-0.10 (-4.39%)
Feb 7, 2023, 3:59 PM EST - Market closed
-4.39%
Market Cap 76.67M
Revenue (ttm) n/a
Net Income (ttm) n/a
Shares Out 35.17M
EPS (ttm) -0.90
PE Ratio n/a
Forward PE 10.94
Dividend n/a
Ex-Dividend Date n/a
Volume 43,576
Open 2.24
Previous Close 2.28
Day's Range 2.18 - 2.28
52-Week Range 1.48 - 5.58
Beta 1.98
Analysts Buy
Price Target 7.34 (+236.7%)
Earnings Date Apr 6, 2023

About ELBM

Electra Battery Materials Corporation acquires and explores for 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, which covers an area of approximately 5,900 acres 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 D... [Read more]

Sector Materials
Founded 2011
Employees 19
Stock Exchange NASDAQ
Ticker Symbol ELBM
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ELBM stock is "Buy." The 12-month stock price forecast is $7.34, which is an increase of 236.70% from the latest price.

Price Target
$7.34
(236.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Electra Releases Inaugural Sustainability Report, Committing to Net-Zero Greenhouse Emissions by 2050

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today released its inaugural Sustainability Report outlining the Company's pr...

3 weeks ago - Business Wire

Electra Disposes of Non-Core Canadian Mineral Properties; Retains Royalty Interest

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced it has signed an amendment (the “Amendment”) to a 2021 share ...

1 month ago - Business Wire

Electra Launches Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”) today announced the launch of a demonstration plant designed to recover and recycle high-value...

1 month ago - Business Wire

CORRECTING and REPLACING Electra Acquires New Cobalt Project and Provides Update on Exploration Activities in Idaho

TORONTO--(BUSINESS WIRE)--Please replace the release with the following corrected version due to revisions in the "CAS Property" section (second paragraph, last sentence) and "Iron Creek and Ruby Dr...

1 month ago - Business Wire

Electra Acquires New Cobalt Project and Provides Update on Exploration Activities in Idaho

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the acquisition of a cobalt property in proximity to the Comp...

1 month ago - Business Wire

Electra Closes US$5.5 Million Public Equity Offering

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce that it has closed its previously announced overnight-...

3 months ago - Business Wire

Electra Announces Voting Results of its 2022 Annual Meeting of Shareholders

TORONTO, Ontario--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced voting results of its 2022 annual meeting of shareho...

3 months ago - Business Wire

Electra Reports Q3 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Demonstration

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) today announced the filing of its financial results for the third qua...

3 months ago - Business Wire

Electra Announces Pricing of Public Equity Offering

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) announced today the pricing of its previously announced overnight-mar...

3 months ago - Business Wire

Electra Announces Marketed Offering of Units for Proceeds of up to approximately US$8 Million to Finance Commissioning of Cobalt Refinery

TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) plans to undertake an overnight-marketed public offering of units of the Compan...

3 months ago - Business Wire

Electra Provides Notice of Q3 2022 Results Conference Call and 2022 Annual Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $ELBM--Electra's Q3 Earnings Call and 2022 AGM

3 months ago - Business Wire

Electra Starts Commissioning of Battery Materials Recycling Demonstration Plant at its Ontario Refinery Complex

TORONTO , Oct. 13, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the start of commissioning of its black mass recycling demonstratio...

4 months ago - PRNewsWire

Electra Makes Continued Progress on Cobalt Refinery Project and Prepares for Black Mass Recycling Demonstration

TORONTO , Sept. 28, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today provided an update on the commissioning of its cobalt refinery located north...

4 months ago - PRNewsWire

Electra and LG Energy Solution Sign Three-year Cobalt Supply Agreement

Marks Electra's first commercial agreement in EV supply chain TORONTO , Sept. 22, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the ...

4 months ago - PRNewsWire

Electra's Study on Integrated EV Battery Materials Facility in Ontario Demonstrates Compelling Economics

-Provides path to growing nickel refining capacity in North America- TORONTO , Sept. 8, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today released...

5 months ago - PRNewsWire

'First mover in North America' - Trent Mell's Electra Battery Materials advances refinery for EV market

(Kitco News) - The operation Electra Battery Materials is advancing "by and large don't exist outside of China,", said CEO Trent Mell who hopes to make his company a first mover within the EV space.

6 months ago - Kitco

Electra Reports Q2 Results and Provides Update on Cobalt Refinery Project

TORONTO , Aug. 11, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) ("Electra") today announced the filing of its financial results for the second quarter ended J...

6 months ago - PRNewsWire

Electra Identifies New Mineralization in Idaho Cobalt Belt

TORONTO , Aug. 2, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra" or the "Company") today provided an update on its 2022 exploration program at its Rub...

6 months ago - PRNewsWire

Electra Provides Notice of Second Quarter 2022 Results Conference Call and Webcast

TORONTO , July 29, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") will release its second quarter 2022 financial results after market close on August...

6 months ago - PRNewsWire

Electra Signs Benefits Agreement with Métis Nation of Ontario

TORONTO , July 26, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) ("Electra") today announced that it has signed a Benefits Agreement with the Métis Nation of O...

7 months ago - PRNewsWire

Electra Evaluates Development of Second Battery Materials Refinery in North America; Appoints 30 Year Industry Veteran to Lead Study

TORONTO , June 22, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced that as part of its growth strategy in support of the onshoring of ...

8 months ago - PRNewsWire

Electra Appoints Experienced Finance Executive as CFO

TORONTO , June 8, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today announced the appointment of Craig Cunningham, a finance executive with 17 yea...

8 months ago - PRNewsWire

Electra Underscores Commitment to Sustainability with Launch of Comprehensive ESG Policies and Frameworks

TORONTO , May 31, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) (the "Company" or "Electra") today announced the introduction of a comprehensive set of olicies ...

9 months ago - PRNewsWire

Electra Makes Steady Progress in Q1 2022 Towards Commissioning its Cobalt Refinery

TORONTO , May 26, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSXV: ELBM) ("Electra") today provided an update on its plans to develop a low carbon, fully-integrated batt...

9 months ago - PRNewsWire

Electra Strengthens Leadership Team with Appointment of 20-year Investor Relations Professional

TORONTO , May 25, 2022 /PRNewswire/ - Electra Battery Materials Corporation (NASDAQ: ELBM) (TSX-V: ELBM) ("Electra") today announced the appointment of Mr.  Joseph (Joe) Racanelli , a 20-year veteran ...

9 months ago - PRNewsWire