Electra Battery Materials (ELBM)

• Market cap: $21.7M
• 1 day: -2.55%
• 5 days: -10.68%
• 1 month: -26.75%
• 3 months: -42.91%
• 6 months: -18.62%
• Year to date: -19.43%
• 1 year: 11.68%
• 5 years: -92.45%
• 10 years: -92.45%

About: Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry.

Employees: 23

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

26% more capital invested

Capital invested by funds: $1.23M [Q2] → $1.55M (+$318K) [Q3]

0.41% less ownership

Funds ownership: 5.01% [Q2] → 4.6% (-0.41%) [Q3]

19% less funds holding

Funds holding: 26 [Q2] → 21 (-5) [Q3]

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $1.30 255% upside
• Avg. target: $1.30 255% upside
• High target: $1.30 255% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 40% 1-year accuracy 70 / 174 met price target

255% upside $1.30

Buy Maintained

27 Nov 2024