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Upturn AI SWOT - About
Electra Battery Materials Corp (ELBM)
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Upturn Advisory Summary
06/30/2025: ELBM (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $2.29
1 Year Target Price $2.29
| 2 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -55.06% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 19.61M USD | Price to earnings Ratio - | 1Y Target Price 2.29 |
Price to earnings Ratio - | 1Y Target Price 2.29 | ||
Volume (30-day avg) 4 | Beta 1.99 | 52 Weeks Range 0.91 - 2.83 | Updated Date 06/29/2025 |
52 Weeks Range 0.91 - 2.83 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.51 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -5.69% | Return on Equity (TTM) -46.71% |
Valuation
Trailing PE - | Forward PE 12.97 | Enterprise Value 73057974 | Price to Sales(TTM) - |
Enterprise Value 73057974 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -3.42 | Shares Outstanding 17961200 | Shares Floating 17699298 |
Shares Outstanding 17961200 | Shares Floating 17699298 | ||
Percent Insiders 1.46 | Percent Institutions 2.85 |
Analyst Ratings
Rating 2 | Target Price 2.29 | Buy 2 | Strong Buy 2 |
Buy 2 | Strong Buy 2 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Electra Battery Materials Corp
Company Overview
History and Background
Electra Battery Materials Corp, formerly First Cobalt Corp, was founded with the goal of creating a vertically integrated battery materials company. It's focused on refining cobalt and recycling lithium-ion batteries in North America. The company's strategic focus shifted to battery materials with increasing demand for electric vehicles.
Core Business Areas
- Refining: Electra is developing a hydrometallurgical refinery in Ontario, Canada, to produce battery-grade cobalt sulfate. This addresses a critical need for ethically sourced and refined cobalt in the North American battery supply chain.
- Battery Recycling: The company plans to recycle lithium-ion batteries to recover valuable metals like lithium, nickel, cobalt, and manganese. This addresses environmental concerns and secures a secondary supply of battery materials.
- Battery Materials Park: Development of a battery materials park in Canada to host multiple companies working on battery material manufacturing.
Leadership and Structure
The company's leadership includes senior executives with experience in mining, metallurgy, and battery materials. Organizational structure involves functional teams focused on refining, recycling, and corporate functions, reporting to the CEO and board of directors.
Top Products and Market Share
Key Offerings
- Battery Grade Cobalt Sulfate: Electra's primary product will be battery-grade cobalt sulfate produced from its refinery. Market share is still developing. Competitors include Glencore, Umicore, and Chinese cobalt refiners. This sector is characterized by supply chain vulnerabilities.
- Recycled Battery Materials: Recovered lithium, nickel, cobalt, and manganese from recycled batteries. Market share is emerging; competitors are Redwood Materials, Li-Cycle, and other recycling companies. This segment grows with the EV market. Revenue is not yet material as recycling plant is under construction.
Market Dynamics
Industry Overview
The battery materials industry is rapidly growing, driven by increasing demand for electric vehicles (EVs) and energy storage systems (ESS). The industry faces challenges related to supply chain security, ethical sourcing of raw materials, and environmental sustainability.
Positioning
Electra aims to be a vertically integrated supplier of battery materials in North America, focusing on ethically sourced cobalt and sustainable recycling practices. This positions them as a key player in building a secure and responsible North American battery supply chain.
Total Addressable Market (TAM)
The battery materials market is projected to reach hundreds of billions of dollars within the next decade. Electra is positioned to capture a share of this market by supplying refined cobalt and recycled battery materials. Significant growth is expected in the North American market as battery production ramps up.
Upturn SWOT Analysis
Strengths
- Strategic location in North America
- Vertically integrated business model (refining & recycling)
- Focus on ethically sourced cobalt
- Development of a Battery Materials Park
- Government support and funding
Weaknesses
- Reliance on external funding for project development
- Operational risks associated with new refinery and recycling facilities
- Price volatility of battery materials
- Limited revenue generation until facilities are operational
- Delays in project timelines
Opportunities
- Growing demand for battery materials in North America
- Increasing adoption of EVs and ESS
- Government incentives and policies supporting battery manufacturing
- Potential for strategic partnerships with battery manufacturers
- Expansion into other battery materials (e.g., lithium)
Threats
- Competition from established battery materials suppliers
- Geopolitical risks impacting raw material supply
- Technological advancements potentially disrupting battery chemistry
- Environmental regulations and permitting challenges
- Economic downturn affecting EV sales
Competitors and Market Share
Key Competitors
- Glencore (GLNCY)
- Umicore (UMICF)
- Redwood Materials (Private)
- Li-Cycle (LICY)
Competitive Landscape
Electra's advantage lies in its focus on North America and ethically sourced cobalt. However, it faces competition from established global players like Glencore and Umicore, as well as emerging recycling companies like Li-Cycle. Electra's vertical integration strategy distinguishes it from some competitors.
Major Acquisitions
TheHydra Group
- Year: 2022
- Acquisition Price (USD millions): 2.2
- Strategic Rationale: Acquired TheHydra Group to support commissioning and start-up of the Companyu2019s hydrometallurgical refinery.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is characterized by project development activities and fundraising efforts rather than revenue growth.
Future Projections: Future growth is contingent on the successful commissioning of the refinery and recycling facilities. Analyst estimates project significant revenue growth once these facilities are operational.
Recent Initiatives: Recent initiatives include securing funding for project development, advancing permitting processes, and establishing partnerships with battery manufacturers.
Summary
Electra Battery Materials Corp is a development-stage company aiming to build a vertically integrated battery materials business in North America. The company's strengths lie in its strategic location, focus on ethical sourcing, and growing demand for battery materials. Challenges include reliance on external funding, operational risks, and competition from established players. Successful commissioning of its refinery and recycling facilities is critical to its future growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings (SEDAR)
- Industry reports
- Analyst estimates
- Company website
- Press Releases
Disclaimers:
The data and analysis provided are based on available information and assumptions. Actual results may vary. This is not financial advice. Invest at your own risk.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Electra Battery Materials Corp
Exchange NASDAQ | Headquaters Toronto, ON, Canada | ||
IPO Launch date 2017-03-14 | President, CEO & Director Mr. Trent Charles Arthur Mell B.C.L., LL.B., LL.M. | ||
Sector Basic Materials | Industry Other Industrial Metals & Mining | Full time employees 23 | Website https://electrabmc.com |
Full time employees 23 | Website https://electrabmc.com | ||
Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It explores for cobalt, copper, and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project that includes patented and unpatented claims totaling an area of approximately 3,260 hectares and 600 meters of underground drifting located in Lemhi County, Idaho. It also operates a hydrometallurgical cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.
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