Electra Battery Materials Corporation (ELBM.V)
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 $0.85, up 3.66% on the session, giving a market capitalisation of $89.6M. Its beta of 1.77 implies it has historically moved more than the broad market.
Electra Battery Materials Corporation concentrates on the acquisition and exploration of mineral resource properties across the United States and Canada. Its primary focus is on uncovering cobalt and silver deposits, notably through its flagship Iron Creek cobalt-copper project, which encompasses approximately 5,900 acres in Idaho's Lemhi County. In addition to exploration, the company manages a cobalt refinery dedicated to producing vital battery materials for the electric vehicle industry. Founded in 2011, the firm is headquartered in Toronto, Canada, and rebranded to its current name 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: