Electra Battery Materials Corporation (ELBM) Quote

$ELBM Trents in DC... is this to look for refinery funding?
Late day outing along my favourite running route. ⁦@ElectraBMC⁩ pic.twitter.com/yoDL9URIz6— Trent Mell (@TrentMell) June 12, 2024

Yes, when we actually start producing and selling. Until then, we are at the mercy of the current and new loans and interest rates.

$ELBM Is this thing finally going to come back to life?

Electra Awarded $5 Million from Government of Canada to Advance Development of Proprietary Battery Metals Recycling Technology


https://electrabmc.com/news-releases/news/electra-awarded-5-million-from-government-of-canada-to-advance-development-of-proprietary-battery-metals-recycling-technology

Electra and Eurasian Resources Group Sign Cobalt Supply Agreement

https://electrabmc.com/electra-and-eurasian-resources-group-sign-cobalt-supply-agreement/

Electra Provides Corporate Update

https://electrabmc.com/electra-provides-corporate-update-5/

I'm sure this grant will help.

Electra Receives $5 Million Grant from Government of Canada to Support the Development of the North American Electric Vehicle Supply Chain

https://electrabmc.com/electra-receives-5-million-grant-from-government-of-canada-to-support-the-development-of-the-north-american-electric-vehicle-supply-chain/

Very true. Also, once they start showing some receivables this should start getting some legs. I just can't stand going thru the pain. Once we start seeing some light, something pulls us back.

actually this should go back to the split price.

If they put out word on securing the funds needed to finish the plant- I wouldnt worry about hitting $1.00

Just need 10 more of these for that $1

bullish

Electra Provides Update on Black Mass Recycling

https://electrabmc.com/electra-provides-update-on-black-mass-recycling/

That was my thoughts as well. Hopefully we see a nice turn around over the next 3 months-

It looks like we got some life today. I'm guessing it dropped because traders were selling their losses for the year end. I'm hoping...

Electra Appoints 30-year Finance Veteran as CFO and Provides Financing Update

https://electrabmc.com/electra-appoints-30-year-finance-veteran-as-cfo-and-provides-financing-update/

ELBM new 52 week low

Electra and Rock Tech Lithium sign Lithium Recycling MOU for North American Market

https://electrabmc.com/electra-and-rock-tech-lithium-sign-lithium-recycling-mou-for-north-american-market/

Electra's name was mentioned in this article. It would certainly help make up the money needed to finish their plant without share dilution. Plus if they make an announcement that they are receiving part of this it will definitely send the share price up.

" The long-awaited Critical Minerals Infrastructure Fund (CMIF) launched on Monday, and several northern Ontario mining companies are hopeful their projects will be selected by Ottawa.

With $1.5 billion available over the next seven years, there is a lot of money at play. Up to $300 million is available in the first call for proposals, which ends in late February.

The program has two streams. One focuses on pre-construction and project development, and the other looks at infrastructure deployment.

It is a cornerstone of Canada's critical minerals strategy, which aims to help the country become a major player in the global mining supply chain as the world tries to move towards a lower-carbon economy.

Selected companies could access up to $50 million in funding per project, a sum large enough to help "unlock" major deposits, according to Canada Nickel CEO Mark Selby.
If it eventually manages to reach full production, that company will be the only cobalt refinery in North America. Cobalt is another important metal found in lithium-ion batteries.

CEO Trent Mell has been eyeing all government programs since the project ran out of funds earlier this summer.

Funding from CMIF would almost be enough to cover the missing $60 million US the company needs to complete the project.

"This program could get us into production in well under two years," said Mell. "This would be a huge opportunity."

Canada's critical mineral list includes 31 minerals, with lithium, graphite, nickel, cobalt, copper and rare earth elements considered a priority.

Corrected: Release the earnings today and call tomorrow.

Electra Battery Materials Q3 2023 Results Call Today.

https://electrabmc.com/electra-battery-materials-q3-2023-results-call/

We are going to need to wait until they start getting some cash flow going. Once they start billing and showing income, we will start seeing this stock rise. Until then, we are going to have to take it....

I thought we would be further along on stock price and production but didn't anticipate high interest rates and costs. We will get thru this and we will be rewarded. It will just be much further down the road than originally thought/hope for.

$ELBM What a waste of a company this turned out to be. Hoping for some type of good news to close the year out.

Electra Provides Update on Cobalt Refinery Project

https://electrabmc.com/electra-provides-update-on-cobalt-refinery-project/

All this started when Trent sold us out for $1.10 per share and the market price was $ 1.76 on 8/2. If he really believes in this company, he should have sold those shares for more. I voted against him in the proxy. We need someone who believes in the company.

Someone knows something we don't... Just keeps going down. Where is the co..

ELBM new 52 week low

ELBM new 52 week low

People selling now have to be losing money. Must be a reason.

ELBM rated a strong buy today by Zack's.

ELBM new 52 week low

$ELBM FFS is this the bottom?!?! ... lowest its ever been... pre RS it would have been about 0.03 per share.

ELBM new 52 week low

ELBM new 52 week low

Don't know. There are so many pump scammers out there.

Is the buy rating independent
or did the company pay for a research report

if the buy rating by a bank doing a banking deal or any sort of conflict

Electra Battery Materials Corporation (ELBM) Upgraded to Buy: Here's What You Should Know

11:00 am ET August 23, 2023 (Zacks) Print

Electra Battery Materials Corporation (ELBM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for Electra Battery Materials Corporation is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock Prices

The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

For Electra Battery Materials Corporation, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.

Harnessing the Power of Earnings Estimate Revisio

ELBM new 52 week low

Market Maker (hedge funds), and it could even be the ones putting price targets out there (wainwright etc.)... they sell shares short doesnt matter if they borrowed them or not properly and settled the trades. For them it raises cash, and since the volume isnt enough for them to worry about covering, they wipe out accounts as they can stay solvent much longer than retail usually can.

There is also the shares that were bought in the private placement, they could just be selling those on the market at a loss even to recoup some cash from those placements, and then theyll have plenty still to sell later if/when the price recovers.

Look at the short interest jumping higher now they have no immediate need to cover those.

08/15/2023 1,672,407
07/31/2023 1,355,779
07/14/2023 719,534

https://www.nasdaq.com/market-activity/stocks/elbm/short-interest

Don't understand the selling at these prices. Doesn't make sense.

Daily DOJI

$ELBM might add a few more... nice bid showing hopefully not a OCO bid... is the bottom set in?

I just did the same @.69

Added a few hundro at 0.68 keeps bouncing off the all time low... lets see

ELBM new 52 week low

Erremmm maybe not lol... relentless selling and shorting.

$ELBM So far good adds yesterday.

Electra Battery Materials Reports Q2 2023 Results and Provides Update on Cobalt Refinery Project and Black Mass Recycling Trial

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2062-tsx-venture/elbm/146667-electra-reports-q2-2023-results-and-provides-update-on-cobalt-refinery-project-and-black-mass-recycling-trial.html

ELBM new 52 week low