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Upturn AI SWOT - About
Electra Battery Materials Corp (ELBM)
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Upturn Advisory Summary
03/27/2025: 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.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 389.58% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 03/27/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 16.04M USD | Price to earnings Ratio - | 1Y Target Price 2.66 |
Price to earnings Ratio - | 1Y Target Price 2.66 | ||
Volume (30-day avg) 216587 | Beta 1.85 | 52 Weeks Range 1.02 - 2.83 | Updated Date 04/1/2025 |
52 Weeks Range 1.02 - 2.83 | Updated Date 04/1/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -3.92 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -5.49% | Return on Equity (TTM) -39.9% |
Valuation
Trailing PE - | Forward PE 12.97 | Enterprise Value 51219548 | Price to Sales(TTM) - |
Enterprise Value 51219548 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -3.42 | Shares Outstanding 14803400 | Shares Floating 14018604 |
Shares Outstanding 14803400 | Shares Floating 14018604 | ||
Percent Insiders 1.12 | Percent Institutions 4.07 |
Analyst Ratings
Rating 4.33 | Target Price 4.86 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
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 fully integrated, localized, and sustainable battery materials park. The company has evolved from cobalt exploration to focusing on refining battery-grade nickel and cobalt, recycling lithium-ion batteries, and producing battery precursor materials.
Core Business Areas
- Cobalt Refining: Electra operates a cobalt refinery in Ontario, Canada, producing battery-grade cobalt sulfate.
- Battery Recycling: Electra is developing a hydrometallurgical recycling plant to recover valuable materials from lithium-ion batteries.
- Nickel Refining: Electra is constructing a nickel sulfate production plant with capacity of producing 65,000 tonnes of nickel sulfate annually
- Precursor Materials Production: Electra aims to produce nickel-cobalt-manganese (NCM) precursor materials for lithium-ion batteries.
Leadership and Structure
Trent Mell serves as CEO of Electra Battery Materials Corp. The company's organizational structure includes departments for operations, finance, engineering, and sustainability, reporting to executive leadership.
Top Products and Market Share
Key Offerings
- Cobalt Sulfate: Battery-grade cobalt sulfate produced at Electra's refinery. Market share data is difficult to pinpoint precisely, but the company competes with major cobalt producers globally. Competitors include Glencore, CMOC Group, and Umicore. Revenue varies based on cobalt prices and production volume.
- Recycled Battery Materials: Recovered lithium, nickel, cobalt, and manganese from end-of-life lithium-ion batteries. This is a nascent market, and market share data are emerging. Key competitors are Li-Cycle and Redwood Materials.
- Nickel Sulfate: Battery grade nickel sulfate production to be used as a component in the precursor materials production.
- Precursor Materials: Production of nickel-cobalt-manganese (NCM) precursor materials for lithium-ion batteries. Will be located at company's refinery.
Market Dynamics
Industry Overview
The battery materials market is experiencing rapid growth driven by the increasing demand for electric vehicles and energy storage systems. The industry faces challenges related to supply chain security, environmental sustainability, and ethical sourcing of raw materials.
Positioning
Electra aims to be a vertically integrated battery materials supplier, offering a secure and sustainable source of cobalt, nickel, lithium, and other critical materials. The company's competitive advantage lies in its location in North America and its focus on ethical and sustainable practices.
Total Addressable Market (TAM)
The global battery materials market is projected to reach hundreds of billions of dollars within the next decade. Electra is positioned to capture a significant share of this market by providing localized, sustainable, and ethically sourced battery materials.
Upturn SWOT Analysis
Strengths
- Strategic location in North America
- Focus on ethical and sustainable sourcing
- Vertically integrated business model
- Experienced management team
- Operational Cobalt Refinery
Weaknesses
- Dependence on financing for capital-intensive projects
- Relatively small production capacity compared to major players
- Exposure to commodity price volatility
- Operational risk involved in ramping up battery recycling
- Subject to permitting delays
Opportunities
- Growing demand for battery materials in North America
- Government support for domestic battery supply chains
- Potential to expand production capacity
- Partnerships with EV manufacturers and battery cell producers
- Growing demand for battery recycling
Threats
- Competition from established battery materials producers
- Geopolitical risks in raw material supply chains
- Technological advancements that could disrupt the battery market
- Environmental regulations
- Fluctuations in commodity prices
Competitors and Market Share
Key Competitors
- GLNCY (Glencore)
- CMOC (China Molybdenum Co.)
- UMICORE
Competitive Landscape
Electra's advantages include its North American location and focus on sustainability. Disadvantages include its smaller scale and limited financial resources compared to major competitors.
Major Acquisitions
Cobalt Refinery (formerly owned by Glencore)
- Year: 2017
- Acquisition Price (USD millions): 30
- Strategic Rationale: Securing an existing refinery to expedite cobalt production and establish a foothold in the battery materials market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by acquisitions and the development of Electra's refinery and recycling facilities.
Future Projections: Future growth is projected to come from increased cobalt production, the ramp-up of battery recycling operations, and the production of nickel sulfate and precursor materials. Analyst estimates suggest strong revenue growth in the coming years.
Recent Initiatives: Recent initiatives include securing financing for expansion projects, signing supply agreements with battery cell producers and EV manufacturers, and obtaining permits for new facilities.
Summary
Electra Battery Materials Corp. is a developmental-stage company focusing on creating a sustainable, North American battery materials supply chain. Its strengths lie in its strategic location and commitment to ethical sourcing, but it faces challenges related to financing and competition. The company's future depends on successfully scaling its operations and securing long-term supply agreements. Commodity price volatility and technological disruptions remain key risks, however it's located in a geopolitically advantageous area.
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Sources and Disclaimers
Data Sources:
- Electra Battery Materials Corp. Investor Relations
- Industry reports (e.g., Benchmark Mineral Intelligence)
- Analyst estimates (where available)
- Company Press Releases
Disclaimers:
The information provided is based on available data and analyst estimates, which are subject to change. This analysis is for informational purposes only and does not constitute financial advice. Market share estimates are approximate.
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 - | Website https://electrabmc.com |
Full time employees - | Website https://electrabmc.com | ||
Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt, copper, and silver deposits. The company's flagship project comprises 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 from three adits 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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