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Electra Battery Materials Corp ( (TSE:ELBM) ) has issued an announcement.
Electra Battery Materials Corporation announced its upcoming annual general and special meeting of shareholders scheduled for June 24, 2025. The meeting will address several key issues, including the receipt of audited financial statements for the year ended December 31, 2024, the appointment of MNP LLP as the auditor, the election of directors, and the approval of the 2022 Amended and Restated LTIP. Shareholders are encouraged to vote in advance using proxy forms. This meeting is significant for stakeholders as it will determine the company’s governance and strategic direction for the coming year.
The most recent analyst rating on (TSE:ELBM) stock is a Buy with a C$1.00 price target. To see the full list of analyst forecasts on Electra Battery Materials Corp stock, see the TSE:ELBM Stock Forecast page.
Spark’s Take on TSE:ELBM Stock
According to Spark, TipRanks’ AI Analyst, TSE:ELBM is a Underperform.
Electra Battery Materials Corp’s overall stock score is low due to its severe financial difficulties, including no revenue and high losses, and negative valuation metrics. While technical analysis indicates a bearish trend, recent corporate events show potential for future growth, but they are insufficient to offset current financial and operational challenges.
To see Spark’s full report on TSE:ELBM stock, click here.
More about Electra Battery Materials Corp
Electra Battery Materials Corporation is a company operating in the battery materials industry, focusing on the production and supply of essential materials for battery manufacturing. The company is involved in the development of battery-grade materials, which are crucial for electric vehicles and energy storage solutions.
Average Trading Volume: 35,198
Technical Sentiment Signal: Sell
Current Market Cap: C$25.5M
Learn more about ELBM stock on TipRanks’ Stock Analysis page.