Is Electra Battery Stock a Good Investment?
Electra Battery Investment Advice | ELBM |
- Examine Electra Battery's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Electra Battery's leadership team and their track record. Good management can help Electra Battery navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Electra Battery's business and its evolving consumer preferences.
- Compare Electra Battery's performance and market position to its competitors. Analyze how Electra Battery is positioned in terms of product offerings, innovation, and market share.
- Check if Electra Battery pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Electra Battery's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Electra Battery Materials stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Electra Battery Materials is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Electra Battery Stock
Researching Electra Battery's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company has price-to-book (P/B) ratio of 0.61. Some equities with similar Price to Book (P/B) outperform the market in the long run. Electra Battery Materials recorded a loss per share of 1.01. The entity had not issued any dividends in recent years. The firm had 1:18 split on the 13th of April 2022.
To determine if Electra Battery is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Electra Battery's research are outlined below:
| Electra Battery generated a negative expected return over the last 90 days | |
| Electra Battery has some characteristics of a very speculative penny stock | |
| Electra Battery has high historical volatility and very poor performance | |
| Electra Battery has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (64.67 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Electra Battery Materials currently holds about 41.77 M in cash with (23.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.29, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Latest headline from gurufocus.com: Electra Secures 10-Year Permit to Advance Exploration for Idaho Copper and Cobalt Properties |
Electra Battery Quarterly Liabilities And Stockholders Equity |
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Electra Battery uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Electra Battery Materials. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Electra Battery's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 2nd of April 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Electra Battery's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Electra Battery's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-14 | 2024-06-30 | -0.05 | -0.0738 | -0.0238 | 47 | ||
2022-05-26 | 2022-03-31 | -0.1 | -0.07 | 0.03 | 30 | ||
2023-11-15 | 2023-09-30 | -0.0445 | -0.1457 | -0.1012 | 227 | ||
2022-11-09 | 2022-09-30 | -0.0731 | -0.19 | -0.1169 | 159 | ||
2023-08-18 | 2023-06-30 | -0.0445 | 0.2433 | 0.2878 | 646 | ||
2024-05-21 | 2024-03-31 | -0.0531 | -0.6856 | -0.6325 | 1191 | ||
2023-12-31 | 2023-12-31 | -0.06 | -1.0 | -0.94 | 1566 |
Know Electra Battery's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Electra Battery is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Electra Battery Materials backward and forwards among themselves. Electra Battery's institutional investor refers to the entity that pools money to purchase Electra Battery's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 16.1 K | Commonwealth Equity Services Inc | 2024-06-30 | 10.1 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 9.5 K | Valley National Advisers Inc | 2024-09-30 | 3.8 K | The Toronto-dominion Bank | 2024-06-30 | 1.8 K | Ifp Advisors, Llc | 2024-06-30 | 1.7 K | Advisor Group Holdings, Inc. | 2024-06-30 | 855 | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 611 | Td Waterhouse Canada Inc | 2024-06-30 | 388 | Whitebox Advisors, Llc | 2024-06-30 | 1.8 M | Highbridge Capital Management, Llc | 2024-09-30 | 276 K |
Electra Battery's market capitalization trends
The company currently falls under 'Micro-Cap' category with a current market capitalization of 28.82 M.Market Cap |
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Electra Battery's profitablity analysis
| Last Reported | Projected for Next Year |
Determining Electra Battery's profitability involves analyzing its financial statements and using various financial metrics to determine if Electra Battery is a good buy. For example, gross profit margin measures Electra Battery's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Electra Battery's profitability and make more informed investment decisions.
Evaluate Electra Battery's management efficiency
Electra Battery Materials has return on total asset (ROA) of (0.042) % which means that it has lost $0.042 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.7827) %, meaning that it created substantial loss on money invested by shareholders. Electra Battery's management efficiency ratios could be used to measure how well Electra Battery manages its routine affairs as well as how well it operates its assets and liabilities. As of the 26th of November 2024, Return On Capital Employed is likely to grow to 0.0001, while Return On Tangible Assets are likely to drop (0.0005). At this time, Electra Battery's Total Current Assets are very stable compared to the past year. As of the 26th of November 2024, Non Currrent Assets Other is likely to grow to about 89.9 M, while Non Current Assets Total are likely to drop about 84.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.92 | 1.32 | |
| Net Current Asset Value | 1.2 K | 1.2 K | |
| Tangible Asset Value | 180.6 K | 189.7 K | |
| Tangible Book Value Per Share | 1.92 | 1.32 | |
| Enterprise Value Over EBITDA | -4.4 K | -4.6 K | |
| Price Book Value Ratio | 0.27 | 0.28 | |
| Enterprise Value Multiple | -4.4 K | -4.6 K | |
| Price Fair Value | 0.27 | 0.28 | |
| Enterprise Value | 58.3 M | 58.2 M |
Electra Battery's management has consistently demonstrated strong leadership, driving both financial growth and operational excellence. By analyzing current market trends and future growth opportunities, we assess the stock's true value and potential for investors.
Beta 1.947 |
Basic technical analysis of Electra Stock
As of the 26th of November, Electra Battery shows the Mean Deviation of 3.42, variance of 21.37, and Standard Deviation of 4.62. Electra Battery Materials technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Electra Battery Materials mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Electra Battery Materials is priced favorably, providing market reflects its regular price of 0.5 per share. As Electra Battery Materials is a penny stock we also recommend to verify its jensen alpha numbers.Electra Battery's Outstanding Corporate Bonds
Electra Battery issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Electra Battery Materials uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Electra bonds can be classified according to their maturity, which is the date when Electra Battery Materials has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Electra Battery's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Electra Battery's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0064 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 3.42 | |||
| Coefficient Of Variation | (39,001) | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.37 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 26.18 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 8.47 | |||
| Skewness | 0.3136 | |||
| Kurtosis | 1.68 |
| Risk Adjusted Performance | 0.0064 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 3.42 | |||
| Coefficient Of Variation | (39,001) | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.37 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 26.18 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 8.47 | |||
| Skewness | 0.3136 | |||
| Kurtosis | 1.68 |
Consider Electra Battery's intraday indicators
Electra Battery intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Electra Battery stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Electra Battery time-series forecasting models is one of many Electra Battery's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Electra Battery's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Electra Stock media impact
Far too much social signal, news, headlines, and media speculation about Electra Battery that are available to investors today. That information is available publicly through Electra media outlets and privately through word of mouth or via Electra internal channels. However, regardless of the origin, that massive amount of Electra data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Electra Battery news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Electra Battery relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Electra Battery's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Electra Battery alpha.
Electra Battery Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Electra Battery can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Electra Battery Corporate Management
| BCL LLB | CEO Pres | Profile | |
| Frank PGeo | VP Exploration | Profile | |
| Henrik Fisker | Special Advisor | Profile | |
| Craig Cunningham | Chief Officer | Profile | |
| Peter Campbell | VP Devel | Profile | |
| Joseph Racanelli | VP Relations | Profile | |
| PEng PMP | Vice Technology | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electra Battery Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electra Battery. If investors know Electra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electra Battery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.01) | Return On Assets (0.04) | Return On Equity (0.78) |
The market value of Electra Battery Materials is measured differently than its book value, which is the value of Electra that is recorded on the company's balance sheet. Investors also form their own opinion of Electra Battery's value that differs from its market value or its book value, called intrinsic value, which is Electra Battery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electra Battery's market value can be influenced by many factors that don't directly affect Electra Battery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Electra Battery's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Electra Battery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electra Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.