Electra Battery Materials Corporation

Electra Battery Materials Corporation Stock Forecast & Price Prediction

Live Electra Battery Materials Corporation Stock (ELBM) Price
$0.52

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : 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. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$0.52

P/E Ratio

-0.44

Volume Traded Today

$121,694

Dividend

$2.48

52 Week High/low

0.78/0.26

Electra Battery Materials Corporation Market Cap

$35.6M

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ELBM Summary

The Electra Battery Materials Corporation (ELBM) share price is expected to increase by 99.67% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered ELBM. Price targets range from $1.03827 at the low end to $1.03827 at the high end. The current analyst consensus for ELBM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

ELBM Analyst Ratings

ELBM is a stock in Miscellaneous which has been forecasted to be worth $1.03827 as an average. On the higher end, the forecast price is $1.03827 USD by from and on the lower end ELBM is forecasted to be $1.03827 by from .

ELBM stock forecast by analyst

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

ELBM Company Information

  • Company Name: Electra Battery Materials Corporation
  • Industry: Resource acquisition and exploration
  • Primary Focus: Exploration for cobalt, copper, and silver deposits
  • Flagship Project: Iron Creek cobalt-copper project
  • Project Area: Approximately 3,260 hectares with 600 meters of underground drifting
  • Location: Lemhi County, Idaho, USA
  • Production Capability: Operates a hydrometallurgical cobalt refinery
  • Target Market: Battery materials for the electric vehicle supply chain
  • Former Name: First Cobalt Corp. (renamed in December 2021)
  • Incorporation Year: 2011
  • Headquarters: Toronto, Canada
ELBM
Electra Battery Materials Corporation (ELBM)

When did it IPO

N/A

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

$35.6M

Electra Battery Materials Corporation (ELBM) Financial Data

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

$0

Revenue From 2021

$0

0.00 %
From Previous Year

Revenue From 2022

$0

0.00 %
From Previous Year

Revenue From 2023

$0

0.00 %
From Previous Year
  • Revenue TTM $0
  • Operating Margin TTM 0.0%
  • Gross profit TTM $0
  • Return on assets TTM -4.2%
  • Return on equity TTM -78.3%
  • Profit Margin 0.0%
  • Book Value Per Share 1.22%
  • Market capitalisation $35.6M
  • Revenue for 2021 $0
  • Revenue for 2022 $0
  • Revenue for 2023 $0
  • EPS this year (TTM) $-1.16

Electra Battery Materials Corporation (ELBM) Latest News

News Image

Wed, 25 Oct 2023

Sentiment - NEUTRAL

Source - Business Wire

Summary - TORONTO--(BUSINESS WIRE)---- $ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (โ€œElectraโ€ or the โ€œCompanyโ€) today announced voting results of its 2023 annual general and special meeting of shareholders held yesterday, October 24, in Toronto. A total of 13,093,107 common shares in the capital of the Company (โ€œCommon Sharesโ€), or 23.5% of Electra's issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of.

News Image

Wed, 25 Oct 2023

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Cobalt spot prices were flat for the month. LME inventory was flat for the month. China plans to boost state cobalt reserves after prices drop. Cobalt market news - BMI and Morgan Stanley forecast global cobalt surpluses this year of 17,000t and 47,061t, respectively. BMI expects demand to overtake supply quite substantially in 2027. Cobalt miners news - ERG signs 5-year agreement with EVelution Energy to supply cobalt for their future U.S. processing facility, Umicore, confirms expansion of its battery materials facility in Canada.

News Image

Mon, 23 Oct 2023

Sentiment - NEUTRAL

Source - Business Wire

Summary - TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (โ€œElectraโ€ or the โ€œCorporationโ€) today provided an update on the construction of its battery grade cobalt sulfate refinery, the only facility of its kind being built in North America designed to address the onshoring requirements of the electric vehicle battery supply chain. Electra has in recent weeks received US$5 million1 in long-lead, critical equipment, including pressure vessels, tanks, and structu.

News Image

Mon, 16 Oct 2023

Sentiment - NEUTRAL

Source - Business Wire

Summary - TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (โ€œElectraโ€ or the โ€œCorporationโ€) announced today that its annual and special meeting of shareholders will be held on October 24 at the Sheraton Centre, 123 Queen Street West, Toronto. The meeting will begin at 11:00 am (Toronto time). Shareholders will be asked to vote on a number of resolutions, including the election of directors and the appointment of auditors. Shareholders as of the record date of Se.

News Image

Mon, 02 Oct 2023

Sentiment - NEUTRAL

Source - Business Wire

Summary - TORONTO--(BUSINESS WIRE)--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (โ€œElectraโ€ or the โ€œCompanyโ€), currently constructing North America's only cobalt sulfate refinery, today provided an update on its battery materials recycling trial, confirming improved recoveries of high-value elements, higher metal content in saleable products produced, and reduced use of reagents. Combined, the improvements pave the way for higher-quality customer products and improved economics for c.

News Image

Fri, 29 Sep 2023

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Nickel spot prices were lower the last month. Nickel market news - The nickel market is expected to exceed USD 59.14 Billion by 2028, showing a 7.3% CAGR. Nickel company news - Huayou, Vale commit to Indonesian Huali MHP project. Nickel Industries raises A$942,700,000 for 19.99% equity investment by PT Danusa Tambang Nusantara.

...

ELBM Frequently asked questions

The highest forecasted price for ELBM is $1.03827 from at .

The lowest forecasted price for ELBM is $1.03827 from from

The ELBM analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.