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Home โบ Stocks โบ Electra Battery Materials Corporation (ELBM) Stock Forecast & Price Prediction Canada | NASDAQ | Basic Materials | Other Industrial Metals & Mining
$0.64
-0.01 (-1.96%)Did ELBM Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Electra Battery is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, ELBM has a bullish consensus with a median price target of $1.85 (ranging from $1.59 to $2.10). The overall analyst rating is Strong Buy (9.0/10). Currently trading at $0.64, the median forecast implies a 186.8% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for ELBM.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 18, 2025 | HC Wainwright & Co. | Heiko F. Ihle | Buy | Maintains | $2.10 |
| Sep 25, 2025 | HC Wainwright & Co. | Heiko F. Ihle | Buy | Reiterates | $2.20 |
| Jun 17, 2025 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $2.20 |
| Mar 18, 2025 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $2.40 |
| Nov 27, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.30 |
| Aug 21, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $1.40 |
| May 28, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.40 |
| Nov 20, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.60 |
| Aug 21, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $2.50 |
| Aug 21, 2023 | Alliance Global Partners | Jake Sekelsky | Buy | Maintains | $2.25 |
| Jul 6, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $4.50 |
| May 12, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.50 |
| Feb 22, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $7.75 |
| Nov 16, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Initiates | $7.75 |
| Apr 28, 2022 | Alliance Global Partners | Jake Sekelsky | Buy | Initiates | $11.00 |
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Electra Battery Materials Corporation has a market capitalization of $66.82M with a P/E ratio of -0.2x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -241.4%.
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Specializes in battery materials for electric vehicles.
The company generates revenue through the mining, refining, and recycling of essential materials like cobalt, nickel, lithium, and graphite. By operating North America's first fully permitted cobalt sulfate refinery and managing significant mining assets, it ensures a steady supply of these critical raw materials for the electric vehicle market.
Electra emphasizes sustainability and ethical sourcing in its operations, utilizing advanced hydrometallurgical refining and innovative recycling processes. The company is also focused on expanding its refining capacity and fostering a circular economy for battery materials, which positions it favorably in the growing North American electric vehicle supply chain.
Basic Materials
Other Industrial Metals & Mining
23
Mr. Trent Charles Arthur Mell B.C.L., LL.B., LL.M.
Canada
2012
Electra Battery Materials Corporation secured a $20 million investment from the Canadian government to support its cobalt sulfate refinery project in Ontario.
The $20 million funding from the Canadian government boosts Electra Battery Materials' project viability, potentially enhancing profitability and market position in the growing battery materials sector.
Electra Battery Materials Corporation has secured C$7.8 million in construction contracts for its cobalt sulfate refinery in Ontario, advancing key infrastructure development.
Electra's C$7.8 million contract award signals progress in its cobalt sulfate refinery construction, enhancing operational capacity and potentially boosting future revenue, impacting stock performance.
Electra Battery Materials Corporation reported its 2025 financial results, noting a successful recapitalization and the restart of its cobalt sulfate refinery construction.
Electra's recapitalization and refinery restart signal stronger financial health and growth potential, which may lead to increased investor confidence and stock value.
Electra Battery Materials Corporation reports progress on its Ontario cobalt sulfate refinery, with procurement and installation on track with its construction plan and budget.
Electra's progress on its cobalt sulfate refinery signals strong execution on a critical minerals project, potentially boosting its market position and investor confidence in future growth.
Electra Battery Materials Corporation has increased its At the Market Offering Program to $25 million, allowing it to sell common shares through H.C. Wainwright & Co.
Electra Battery Materials' upsized ATM offering signals increased capital-raising capacity, potentially impacting stock dilution and investor confidence in the company's growth strategy.
Electra Battery Materials' CFO, Marty Rendall, will resign at the end of February 2026 for a new opportunity, remaining through the month for a transition period.
Leadership changes, especially in financial roles, can impact investor confidence and stock performance. A new CFO may bring different strategies, affecting future company direction.
Based on our analysis of 3 Wall Street analysts, Electra Battery Materials Corporation (ELBM) has a median price target of $1.85. The highest price target is $2.10 and the lowest is $1.59.
According to current analyst ratings, ELBM has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.64. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict ELBM stock could reach $1.85 in the next 12 months. This represents a 186.8% increase from the current price of $0.64. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue through the mining, refining, and recycling of essential materials like cobalt, nickel, lithium, and graphite. By operating North America's first fully permitted cobalt sulfate refinery and managing significant mining assets, it ensures a steady supply of these critical raw materials for the electric vehicle market.
The highest price target for ELBM is $2.10 from at , which represents a 226.3% increase from the current price of $0.64.
The lowest price target for ELBM is $1.59 from at , which represents a 147.3% increase from the current price of $0.64.
The overall analyst consensus for ELBM is bullish. Out of 3 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $1.85.
Stock price projections, including those for Electra Battery Materials Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.