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Electra Battery Materials - ELBM Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1.93
  • Forecasted Upside: 313.53%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$0.47 As of 12/5/2023 11:13 AM ET
▼ -0.0043 (-0.92%)

This chart shows the closing price for ELBM by one month, three months, or twelve months.

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Analyst Price Target for ELBM

Analyst Price Target is $1.93
▲ +313.53% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Electra Battery Materials in the last 3 months. The average price target is $1.93, with a high forecast of $2.25 and a low forecast of $1.60. The average price target represents a 313.53% upside from the last price of $0.47.

This chart shows the closing price for ELBM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in Electra Battery Materials. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2023HC WainwrightLower TargetBuy ➝ Buy$2.50 ➝ $1.60Low
8/21/2023Alliance Global PartnersLower TargetBuy ➝ Buy$4.50 ➝ $2.25Low
8/21/2023HC WainwrightLower TargetBuy ➝ Buy$4.50 ➝ $2.50Low
5/12/2023Alliance Global PartnersLower Target$8.00 ➝ $6.00Low
5/12/2023HC WainwrightLower Target$7.75 ➝ $4.50Low
2/22/2023HC WainwrightReiterated RatingBuy$7.75Low
11/16/2022HC WainwrightInitiated CoverageBuy$7.75Low
4/28/2022Alliance Global PartnersInitiated CoverageBuyN/A
(Data available from 12/5/2018 forward)

News Sentiment Rating

0.14 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/9/2023
  • 0 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/8/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
7/8/2023
  • 5 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/7/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/6/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/6/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/5/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/5/2023

Current Sentiment

  • 1 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Electra Battery Materials logo
Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a 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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Today's Range

Now: $0.47
Low: $0.45
High: $0.47

50 Day Range

MA: $0.52
Low: $0.45
High: $0.61

52 Week Range

Now: $0.47
Low: $0.42
High: $2.74

Volume

29,252 shs

Average Volume

479,901 shs

Market Capitalization

$16.53 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.51

Frequently Asked Questions

What sell-side analysts currently cover shares of Electra Battery Materials?

The following Wall Street research analysts have issued reports on Electra Battery Materials in the last twelve months: Alliance Global Partners, and HC Wainwright.
View the latest analyst ratings for ELBM.

What is the current price target for Electra Battery Materials?

2 Wall Street analysts have set twelve-month price targets for Electra Battery Materials in the last year. Their average twelve-month price target is $1.93, suggesting a possible upside of 313.5%. Alliance Global Partners has the highest price target set, predicting ELBM will reach $2.25 in the next twelve months. HC Wainwright has the lowest price target set, forecasting a price of $1.60 for Electra Battery Materials in the next year.
View the latest price targets for ELBM.

What is the current consensus analyst rating for Electra Battery Materials?

Electra Battery Materials currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ELBM will outperform the market and that investors should add to their positions of Electra Battery Materials.
View the latest ratings for ELBM.

What other companies compete with Electra Battery Materials?

Other companies that are similar to Electra Battery Materials include Gulf Resources, Foremost Lithium Resource & Technology, China Natural Resources, Flexible Solutions International and Austin Gold. Learn More about companies similar to Electra Battery Materials.

How do I contact Electra Battery Materials' investor relations team?

The company's listed phone number is (416) 900-3891. The official website for Electra Battery Materials is electrabmc.com. Learn More about contacing Electra Battery Materials investor relations.