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

Company Overview

Electra Battery Materials Inc. is a Canada-based battery materials company focused on the sourcing, refining and recycling of critical minerals used in lithium-ion batteries. The company’s core business activities include the development of hydrometallurgical processing facilities to convert raw feedstocks—such as mined ores, recycled battery black mass and industrial by-products—into battery-grade nickel, cobalt, lithium and other specialty materials. Electra’s business model centers on vertically integrated operations designed to secure supply chain resilience for North American and global electric vehicle (EV) and energy storage markets.

In 2022, Electra Battery Materials completed a business combination transaction and commenced trading on the NASDAQ under the ticker ELBM. The company has established a demonstration hydrometallurgical plant in Kingston, Ontario, where it produces battery-grade nickel and cobalt sulfates using a lower-carbon, water-based leaching process. Electra also holds interests in several Canadian asset projects, including the Georgia Lake lithium deposit in Ontario and the Carrière Lake lithium project in Québec. These development-stage properties are intended to serve as future sources of lithium feedstock for its planned full-scale refining operations.

Under the leadership of CEO Anthony Milewski, Electra has forged strategic partnerships with technology providers and offtake partners to advance its processing technologies and secure offtake agreements for refined battery materials. The company’s management team brings experience from the mining, chemical engineering and finance sectors, with a shared focus on deploying sustainable, closed-loop solutions for the EV battery supply chain. By integrating mining, refining and recycling activities, Electra seeks to provide reliable, ethically sourced battery materials to OEMs, cathode producers and battery manufacturers in North America and beyond.

Key Stats

• Today's Range: $0.67 to $0.73
• 50-Day Range: $0.50 to $0.70
• 52-Week Range: $0.50 to $8.70
• Volume: 700,615 shs
• Average Volume: 1.07 million shs
• Market Capitalization: $70.95 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.00
• Consensus Rating: Hold

Electra Battery Materials Stock Analysis - MarketRank™

Electra Battery Materials scored higher than 61% of companies evaluated by MarketBeat, and ranked 96th out of 179 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Hold

Consensus Rating

Electra Battery Materials has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 2 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Electra Battery Materials has a consensus price target of $2.00, representing about 188.9% upside from its current price of $0.69.

Amount of Analyst Coverage

Electra Battery Materials has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Electra Battery Materials is -0.60, 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 -0.60, 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 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.58% 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 0.71, 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 increased by 28.21%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: N/A

News Sentiment

Electra Battery Materials has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Electra Battery Materials this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for ELBM on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

2 people have added Electra Battery Materials to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.1 / 5
• Insider Trading: N/A

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

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

Company Calendar

• Last Earnings: 5/14/2026
• Today: 6/03/2026
• Next Earnings (Estimated): 8/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: MINING - MISC
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:ELBM
• CIK: 1907184
• Web: electrabmc.com
• Phone: (416) 900-3891
• Fax: N/A
• Employees: 37
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Electra Battery Materials: $2.00
• High Price Target: $2.00
• Low Price Target: $2.00
• Potential Upside/Downside: +196.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.81
• P/E Growth: N/A
• Net Income: -$95.52 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 4.90%
• Return on Assets: 1.67%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 0.75
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.34 per share
• Price / Book: 1.98

Miscellaneous

• Outstanding Shares: 105,314,000
• Free Float: 81,418,000
• Market Cap: $70.95 million
• Optionable: Not Optionable
• Beta: 2.52