NASDAQ:ELBM

Electra Battery Materials (ELBM) Stock Price, News & Analysis

$0.46
-0.01 (-1.61%)
(As of 11:30 AM ET)
Today's Range
$0.45
$0.47
50-Day Range
$0.40
$0.56
52-Week Range
$0.31
$2.66
Volume
83,331 shs
Average Volume
165,843 shs
Market Capitalization
$16.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.93

Electra Battery Materials MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
309.9% Upside
$1.93 Price Target
Short Interest
Healthy
0.44% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Basic Materials Sector

117th out of 173 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

11th out of 27 stocks

ELBM stock logo

About Electra Battery Materials Stock (NASDAQ: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 Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.

ELBM Stock Price History

ELBM Stock News Headlines

Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Electra Provides Corporate Update
Electra Provides Corporate Update
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Electra Battery Materials Corporation (0UVX.L)
Electra Provides Update on Cobalt Refinery Project
See More Headlines
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Company Calendar

Today
5/08/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Current Symbol
NASDAQ:ELBM
Fax
N/A
Employees
37
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.93
High Stock Price Target
$2.25
Low Stock Price Target
$1.60
Potential Upside/Downside
+309.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$9.65 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$2.77 per share

Miscellaneous

Free Float
27,453,000
Market Cap
$16.68 million
Optionable
Not Optionable
Beta
2.57
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Key Executives

  • Mr. Trent Charles Arthur Mell B.C.L. (Age 54)
    LL.B., LL.M., President, CEO & Director
    Comp: $310.02k
  • Mr. Mark Steven Trevisiol B.Sc. (Age 62)
    P.Eng., Vice President of Project Development
    Comp: $207.05k
  • Mr. David G. Allen C.A.
    CPA, Chief Financial Officer
  • Dr. George Puvvada P.Eng.
    P.M.P., Ph.D., Vice President of Metallurgy & Technology
  • Ms. Heather Smiles
    Vice President of Investor Relations & Corporate Development
  • Mr. Kevin Ma C.A. (Age 45)
    CPA, CA, CPA, Advisor
    Comp: $149.81k

ELBM Stock Analysis - Frequently Asked Questions

Should I buy or sell Electra Battery Materials stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Electra Battery Materials in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ELBM shares.
View ELBM analyst ratings
or view top-rated stocks.

What is Electra Battery Materials' stock price target for 2024?

2 brokers have issued 1-year price targets for Electra Battery Materials' shares. Their ELBM share price targets range from $1.60 to $2.25. On average, they expect the company's stock price to reach $1.93 in the next twelve months. This suggests a possible upside of 309.9% from the stock's current price.
View analysts price targets for ELBM
or view top-rated stocks among Wall Street analysts.

How have ELBM shares performed in 2024?

Electra Battery Materials' stock was trading at $0.3651 at the beginning of 2024. Since then, ELBM stock has increased by 28.6% and is now trading at $0.4696.
View the best growth stocks for 2024 here
.

Are investors shorting Electra Battery Materials?

Electra Battery Materials saw a increase in short interest in April. As of April 15th, there was short interest totaling 243,000 shares, an increase of 10.2% from the March 31st total of 220,600 shares. Based on an average trading volume of 170,700 shares, the short-interest ratio is presently 1.4 days. Approximately 0.4% of the company's shares are short sold.
View Electra Battery Materials' Short Interest
.

When is Electra Battery Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our ELBM earnings forecast
.

How do I buy shares of Electra Battery Materials?

Shares of ELBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ELBM) was last updated on 5/8/2024 by MarketBeat.com Staff

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