Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Electra Battery Materials Corporation Market Cap
The Electra Battery Materials Corporation (ELBM) share price is expected to increase by 205.95% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered ELBM. Price targets range from $0.99281 at the low end to $1.42434 at the high end. The current analyst consensus for ELBM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
ELBM is a stock in Basic Materials which has been forecasted to be worth $1.25441 as an average. On the higher end, the forecast price is $1.42434 USD by from and on the lower end ELBM is forecasted to be $0.99281 by from .
These are the latest 20 analyst ratings of ELBM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Heiko Ihle HC Wainwright & Co. | Buy | $1.4 | Reiterates | Aug 21, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $1.4 | Maintains | May 28, 2024 |
| Heiko Ihle HC Wainwright & Co. | Buy | $1.6 | Maintains | Nov 20, 2023 |
| Jake Sekelsky Alliance Global Partners | Buy | $2.25 | Maintains | Aug 21, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $2.5 | Maintains | Aug 21, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $4.5 | Reiterates | Jul 6, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $4.5 | Maintains | May 12, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $7.75 | Reiterates | Feb 22, 2023 |
| Heiko Ihle HC Wainwright & Co. | Buy | $7.75 | Initiates | Nov 16, 2022 |
| Jake Sekelsky Alliance Global Partners | Buy | $11 | Initiates | Apr 28, 2022 |
When did it IPO
2012
Staff Count
37
Country
Canada
Sector/Industry
Basic Materials/Other Industrial Metals & Mining
CEO
Mr. Trent Charles Arthur Mell B.C.L., LL.B., LL.M.
Market Cap
$29.3M
In 2023, ELBM generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ELBM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 29 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Nickel spot prices remained flat last month. Demand for battery nickel is projected to triple by 2030, while a surplus is expected to keep prices stable. Companies are pursuing major projects and funding.
Why It Matters - Flat nickel prices indicate stable market conditions, while rising battery demand may boost future prices. Major investments signal confidence in long-term nickel prospects, impacting company valuations.
Tue, 19 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Electra Battery Materials Corporation has obtained a 10-year exploration permit for its Idaho copper and cobalt properties, enhancing project certainty and planning flexibility.
Why It Matters - Securing a 10-year exploration permit boosts Electra's project stability and reduces regulatory hurdles, potentially leading to increased production and revenue opportunities in the copper and cobalt markets.
Fri, 15 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) has filed its third quarter 2024 financial reports as of November 15, 2024.
Why It Matters - Electra Battery Materials' Q3 2024 financial report can affect stock performance, revealing company health, growth potential, and influencing investor sentiment and market valuation.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Nickel spot prices declined last month. The US is exploring price support for critical minerals, and Eramet has cut its 2024 production targets for Comilog and PT Weda Bay Nickel.
Why It Matters - Lower nickel prices and revised production targets may indicate weaker demand or supply issues, impacting profitability for nickel companies and potential investments in the sector.
Fri, 25 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Electra Battery Materials Corporation has received a non-binding term sheet for a financing transaction expected to raise US$5 million, aimed at early works at its Ontario Refinery and general corporate needs.
Why It Matters - Electra Battery Materials' $5 million financing indicates strong investor confidence, enabling project advancement and potential growth, which could positively impact share value.
Fri, 25 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Cobalt spot prices remained stable. The US is exploring price support for domestic mineral projects. S&P Global forecasts a balanced cobalt market from 2024 to 2028. Congo's state miner bids for Chemaf projects.
Why It Matters - Flat cobalt prices indicate stability, while US interest in price support could boost domestic projects. Congo's state miner bidding signals potential consolidation in the cobalt sector.
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