Electra Battery Materials Stock Today
| ELBM Stock | USD 0.47 0.01 2.08% |
Performance0 of 100
| Odds Of DistressOver 85
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Electra Battery is selling at 0.47 as of the 28th of November 2024; that is 2.08% down since the beginning of the trading day. The stock's lowest day price was 0.47. Electra Battery has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Electra Battery Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 14th of March 2017 | Category Basic Materials |
Electra Battery Materials Corporation acquires and explores for resource properties in the United States and Canada. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada. Electra Battery operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. The company has 57.37 M outstanding shares of which 115.86 K shares are currently shorted by private and institutional investors with about 2.98 trading days to cover. More on Electra Battery Materials
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Electra Stock Highlights
| Thematic Idea | Electrical Equipment (View all Themes) | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NASDAQ Composite, Electrical Equipment, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsElectra Battery can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Electra Battery's financial leverage. It provides some insight into what part of Electra Battery's total assets is financed by creditors.
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Electra Battery Materials (ELBM) is traded on NASDAQ Exchange in USA. It is located in 133 Richmond Street West, Toronto, ON, Canada, M5H 2L3 and employs 9 people. Electra Battery is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 27.76 M. Electra Battery Materials conducts business under Metals & Mining sector and is part of Materials industry. The entity has 57.37 M outstanding shares of which 115.86 K shares are currently shorted by private and institutional investors with about 2.98 trading days to cover.
Electra Battery Materials currently holds about 41.77 M in cash with (23.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationElectra Battery holds a total of 57.37 Million outstanding shares. Roughly 94.01 percent of Electra Battery outstanding shares are held by general public with 1.16 (percent) owned by insiders and only 4.83 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Electra Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2024-09-30 | 16.1 K | |
| Commonwealth Equity Services Inc | 2024-06-30 | 10.1 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 9.5 K | |
| Valley National Advisers Inc | 2024-09-30 | 3.8 K | |
| The Toronto-dominion Bank | 2024-06-30 | 1.8 K | |
| Ifp Advisors, Llc | 2024-06-30 | 1.7 K | |
| Advisor Group Holdings, Inc. | 2024-06-30 | 855 | |
| Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 611 | |
| Td Waterhouse Canada Inc | 2024-06-30 | 388 | |
| Whitebox Advisors, Llc | 2024-06-30 | 1.8 M | |
| Highbridge Capital Management, Llc | 2024-09-30 | 276 K |
Electra Battery Historical Income Statement
Electra Stock Against Markets
Electra Battery Corporate Management
| BCL LLB | CEO Pres | Profile | |
| Frank PGeo | VP Exploration | Profile | |
| Henrik Fisker | Special Advisor | Profile | |
| Craig Cunningham | Chief Officer | Profile | |
| Peter Campbell | VP Devel | Profile | |
| Joseph Racanelli | VP Relations | Profile | |
| PEng PMP | Vice Technology | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electra Battery. If investors know Electra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.00) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electra Battery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.