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An update from Electra Battery Materials Corp ( (TSE:ELBM) ) is now available.
Electra Battery Materials Corporation announced the results of its 2025 annual meeting of shareholders, where 29% of the company’s common shares were represented. Shareholders approved all business items, including the appointment of MNP LLP as auditors and elected five directors. Additionally, the 2022 Amended and Restated Long-Term Incentive Plan (LTIP) was revised to increase the number of options and other units, pending final acceptance by the TSX Venture Exchange. This meeting highlights Electra’s ongoing efforts to strengthen its corporate governance and strategic initiatives in the critical minerals industry.
The most recent analyst rating on (TSE:ELBM) stock is a Buy with a C$2.10 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 leader in advancing North America’s critical minerals supply chain for lithium-ion batteries. The company is focused on developing the continent’s only cobalt sulfate refinery and is executing a strategy to onshore critical minerals refining, reducing reliance on foreign supply chains. Electra’s growth projects include nickel refining, battery recycling, and integrating black mass recycling at its refining complex, with additional exploration for cobalt and nickel sulfate production in North America.
Average Trading Volume: 31,423
Technical Sentiment Signal: Sell
Current Market Cap: C$26.22M
See more data about ELBM stock on TipRanks’ Stock Analysis page.