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Electra Battery Materials Corp ( (TSE:ELBM) ) just unveiled an update.
On September 16 and 17, 2025, Electra Battery Materials Corporation announced amendments to its recapitalization and restructuring initiative. The company plans to convert approximately US$41.3 million of outstanding secured convertible notes into equity, reducing its debt significantly. This restructuring involves issuing 55 million units, each comprising one common share and one warrant, to be exchanged for 60% of the company’s convertible debt. The remaining debt will be converted into a new three-year term loan, with additional common shares issued as a bonus to lenders. The restructuring is subject to shareholder and regulatory approvals, and aims to strengthen Electra’s capital structure and support its strategic growth plans.
The most recent analyst rating on (TSE:ELBM) stock is a Buy with a C$2.20 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. It focuses on providing materials essential for battery production, with a strategic emphasis on reshoring North America’s battery materials supply chain. The company is also involved in nickel refining and battery recycling.
Average Trading Volume: 58,560
Technical Sentiment Signal: Sell
Current Market Cap: C$23.35M
Find detailed analytics on ELBM stock on TipRanks’ Stock Analysis page.