Electra Battery Materials Stock Today

ELBM Stock   0.71  0.01  1.43%   

Performance

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Odds Of Distress

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Electra Battery is selling for under 0.71 as of the 24th of November 2024; that is 1.43% increase since the beginning of the trading day. The stock's lowest day price was 0.67. Electra Battery has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Electra Battery Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Electra Battery is entity of Canada. It is traded as Stock on V exchange. The company has 57.37 M outstanding shares of which 968.45 K shares are currently shorted by private and institutional investors with about 34.09 days to cover all short positions. More on Electra Battery Materials

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Electra Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Electra Battery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Electra Battery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaPlastics (View all Themes)
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Plastics, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Electra Battery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Electra Battery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Electra Battery can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Electra Battery's financial leverage. It provides some insight into what part of Electra Battery's total assets is financed by creditors.
Liquidity
Electra Battery cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Electra Battery Materials has accumulated 65.39 M in total debt. Debt can assist Electra Battery until it has trouble settling it off, either with new capital or with free cash flow. So, Electra Battery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Electra Battery Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Electra to invest in growth at high rates of return. When we think about Electra Battery's use of debt, we should always consider it together with cash and equity.

Change To Operating Activities

(143,117)
Electra Battery Materials (ELBM) is traded on TSX Venture Exchange in Canada and employs 9 people. Electra Battery is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 40.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Electra Battery's market, we take the total number of its shares issued and multiply it by Electra Battery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Electra Battery Materials operates under Metals & Mining sector and is part of Materials industry. The entity has 57.37 M outstanding shares of which 968.45 K shares are currently shorted by private and institutional investors with about 34.09 days to cover all short positions. Electra Battery generates negative cash flow from operations
Check Electra Battery Probability Of Bankruptcy
Ownership Allocation
Electra Battery holds a total of 57.37 Million outstanding shares. Roughly 94.01 percent of Electra Battery outstanding shares are held by general public with 1.16 (percent) owned by insiders and only 4.83 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Electra Ownership Details

Electra Battery Materials Risk Profiles

Although Electra Battery's alpha and beta are two of the key measurements used to evaluate Electra Battery's performance over the market, the standard measures of volatility play an important role as well.

Electra Stock Against Markets

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Electra Battery Corporate Management

Elected by the shareholders, the Electra Battery's board of directors comprises two types of representatives: Electra Battery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Electra. The board's role is to monitor Electra Battery's management team and ensure that shareholders' interests are well served. Electra Battery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Electra Battery's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Electra Stock Analysis

When running Electra Battery's price analysis, check to measure Electra Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Electra Battery is operating at the current time. Most of Electra Battery's value examination focuses on studying past and present price action to predict the probability of Electra Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electra Battery's price. Additionally, you may evaluate how the addition of Electra Battery to your portfolios can decrease your overall portfolio volatility.