Electra Battery Materials Corporation (ELBM)
Electra Battery Materials Corporation operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.60, down 2.31% on the session, giving a market capitalisation of $63.8M. On trailing twelve-month figures it carries a trailing P/E of -0.55, a net margin of 0.0%. Its beta of 1.77 implies it has historically moved more than the broad market.
Electra Battery Materials Corporation, established in 2011 and headquartered in Toronto, Canada, specializes in the acquisition and exploration of mineral properties across the United States and Canada. The company's primary focus is on uncovering deposits rich in cobalt and silver. A significant asset for the company is its Iron Creek cobalt-copper project, an expansive site spanning roughly 5,900 acres within Lemhi County, Idaho. Beyond its exploration activities, Electra also manages a cobalt refinery dedicated to producing materials essential for the electric vehicle battery supply chain. The company officially adopted its current name, Electra Battery Materials Corporation, in December 2021, having previously been known as First Cobalt Corp.
Electra Battery Materials Corporation is most often compared with the following Basic Materials names: