Free Trial
NASDAQ:ELBM

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

Electra Battery Materials logo
$1.51 +0.03 (+2.03%)
As of 01/17/2025 04:00 PM Eastern

About Electra Battery Materials Stock (NASDAQ:ELBM)

Key Stats

Today's Range
$1.43
$1.51
50-Day Range
$0.46
$2.22
52-Week Range
$1.04
$3.00
Volume
25,742 shs
Average Volume
96,275 shs
Market Capitalization
$22.35 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.20
Consensus Rating
Strong Buy

Company Overview

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.

Electra Battery Materials Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

ELBM MarketRank™: 

Electra Battery Materials scored higher than 71% of companies evaluated by MarketBeat, and ranked 92nd out of 184 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Electra Battery Materials has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Electra Battery Materials has only been the subject of 1 research reports in the past 90 days.

  • Read more about Electra Battery Materials' stock forecast and price target.
  • Earnings Growth

    Earnings for Electra Battery Materials are expected to grow in the coming year, from ($1.72) to ($0.84) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Electra Battery Materials is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Electra Battery Materials is -0.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Electra Battery Materials has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.61% of the float of Electra Battery Materials has been sold short.
  • Short Interest Ratio / Days to Cover

    Electra Battery Materials has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Electra Battery Materials has recently decreased by 28.61%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Electra Battery Materials does not currently pay a dividend.

  • Dividend Growth

    Electra Battery Materials does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.61% of the float of Electra Battery Materials has been sold short.
  • Short Interest Ratio / Days to Cover

    Electra Battery Materials has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Electra Battery Materials has recently decreased by 28.61%, indicating that investor sentiment is improving significantly.
  • Search Interest

    1 people have searched for ELBM on MarketBeat in the last 30 days.
  • MarketBeat Follows

    8 people have added Electra Battery Materials to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Electra Battery Materials insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    22.69% of the stock of Electra Battery Materials is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 32.90% of the stock of Electra Battery Materials is held by institutions.

  • Read more about Electra Battery Materials' insider trading history.
Receive ELBM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Electra Battery Materials and its competitors with MarketBeat's FREE daily newsletter.

ELBM Stock News Headlines

Electra Battery Materials confirms effective date for reverse share split
Do this Before Elon’s Reveal on January 22nd
Elon’s newest tech could pay you an extra $30,000 a year — while you sleep. It’s smaller than a quarter but designed to power a $9 trillion AI revolution. And I’ve identified a little-known supplier Elon is depending on to make it all happen.
Electra Confirms Effective Date for Reverse Share Split
Electra Battery Materials announces Rendall to succeed Allen as CFO
Electra Announces Results of Special Meeting
See More Headlines

ELBM Stock Analysis - Frequently Asked Questions

Electra Battery Materials' stock was trading at $0.4636 at the beginning of 2025. Since then, ELBM stock has increased by 225.7% and is now trading at $1.51.
View the best growth stocks for 2025 here
.

Electra Battery Materials shares reverse split on the morning of Thursday, January 2nd 2025. The 1-4 reverse split was announced on Monday, December 30th 2024. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, December 31st 2024. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Electra Battery Materials investors own include NVIDIA (NVDA), Block (SQ), SoundHound AI (SOUN), C3.ai (AI), IonQ (IONQ) and Mullen Automotive (MULN).

Company Calendar

Today
1/21/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$5.20
High Stock Price Target
$5.20
Low Stock Price Target
$5.20
Potential Upside/Downside
+244.4%
Consensus Rating
Strong Buy
Rating Score (0-4)
3.50
Research Coverage
2 Analysts

Profitability

Net Income
$-47,900,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$4.42 per share

Miscellaneous

Free Float
11,444,000
Market Cap
$22.35 million
Optionable
Not Optionable
Beta
2.58
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

This page (NASDAQ:ELBM) was last updated on 1/21/2025 by MarketBeat.com Staff
From Our Partners