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

Company Overview

Electra Battery Materials Corp. is a Canadian battery materials company focused on producing battery-grade cobalt and other materials used in lithium-ion batteries. The company is developing a hydrometallurgical cobalt refinery in Ontario, Canada, designed to process cobalt-bearing feedstock into cobalt sulfate for use in electric vehicle and energy-storage battery supply chains.

The company’s activities also include battery recycling and the recovery of critical minerals from battery materials, including black mass generated from recycled lithium-ion batteries. Electra aims to support a North American battery materials supply chain by sourcing and processing materials closer to battery and vehicle manufacturing operations in the region.

Electra was formerly known as First Cobalt Corp. before adopting its current name. Its principal projects and operations are located in Ontario, with the company focused primarily on serving the North American battery market. The company is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $0.41 to $0.43
• 50-Day Range: $0.40 to $0.62
• 52-Week Range: $0.37 to $1.28
• Volume: 226,307 shs
• Average Volume: 408,914 shs
• Market Capitalization: $44.46 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 39% of companies evaluated by MarketBeat, and ranked 187th out of 230 stocks in the materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 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 381.5% upside from its current price of $0.42.

Amount of Analyst Coverage

Electra Battery Materials has only been the subject of 2 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 -0.38, 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 -0.38, 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 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.25% 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 4.59.

Change versus previous month

Short interest in Electra Battery Materials has recently increased by 70.81%, 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: 2.1 / 5
• News Sentiment: 0.33

News Sentiment

Electra Battery Materials has a news sentiment score of 0.33. 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 lower news sentiment than the 0.46 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Electra Battery Materials this week, compared to 3 articles on an average week.

MarketBeat Follows

2 people have added Electra Battery Materials to their MarketBeat watchlist in the last 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: 11/03/2026
• Next Earnings (Estimated): 11/12/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: N/A
• Current Symbol: NASDAQ:ELBM
• CIK: 1907184
• Web: electrabmc.com
• Phone: (416) 900-3891
• Fax: N/A
• Employees: 23
• 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: +381.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.08)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$95.52 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 18.21%
• Return on Assets: 6.93%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 0.88
• Quick Ratio: 0.88

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: 1.22

Miscellaneous

• Outstanding Shares: 107,025,000
• Free Float: 82,741,000
• Market Cap: $44.46 million
• Optionable: Not Optionable
• Beta: 2.56