Electra Battery Materials (NASDAQ:ELBM) Posts Earnings Results

Posted by Brenda Bartman on Aug 12th, 2026

Electra Battery Materials (NASDAQ:ELBM – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.07, Zacks reports.

Electra Battery Materials Stock Down 1.2%

Shares of ELBM traded down $0.01 during trading hours on Wednesday, reaching $0.60. 127,491 shares of the stock traded hands, compared to its average volume of 881,286. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.54. The stock has a fifty day simple moving average of $0.57 and a 200 day simple moving average of $0.66. Electra Battery Materials has a 52 week low of $0.49 and a 52 week high of $8.70. The company has a market cap of $63.85 million, a price-to-earnings ratio of -0.52 and a beta of 2.53.

Institutional Investors Weigh In On Electra Battery Materials

Several institutional investors and hedge funds have recently added to or reduced their stakes in ELBM. PEAK6 LLC bought a new position in shares of Electra Battery Materials during the 4th quarter worth approximately $840,000. Cable Car Capital LP bought a new position in shares of Electra Battery Materials in the second quarter valued at approximately $223,000. XTX Topco Ltd purchased a new stake in shares of Electra Battery Materials during the fourth quarter valued at approximately $160,000. Aristides Capital LLC purchased a new stake in shares of Electra Battery Materials during the fourth quarter valued at approximately $116,000. Finally, Jane Street Group LLC bought a new stake in Electra Battery Materials during the fourth quarter worth $82,000. Hedge funds and other institutional investors own 32.90% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ELBM. HC Wainwright restated a “buy” rating and issued a $2.00 target price on shares of Electra Battery Materials in a report on Friday, May 22nd. Raymond James Financial reiterated a “buy” rating on shares of Electra Battery Materials in a research note on Friday, May 22nd. Weiss Ratings downgraded Electra Battery Materials from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, July 31st. Zacks Research upgraded Electra Battery Materials to a “hold” rating in a report on Thursday, May 21st. Finally, Wall Street Zen raised Electra Battery Materials from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 16th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $2.00.

Read Our Latest Report on ELBM

About Electra Battery Materials

(Get Free Report)

Electra Battery Materials Inc is a Canada-based battery materials company focused on the sourcing, refining and recycling of critical minerals used in lithium-ion batteries. The company’s core business activities include the development of hydrometallurgical processing facilities to convert raw feedstocks—such as mined ores, recycled battery black mass and industrial by-products—into battery-grade nickel, cobalt, lithium and other specialty materials. Electra’s business model centers on vertically integrated operations designed to secure supply chain resilience for North American and global electric vehicle (EV) and energy storage markets.

In 2022, Electra Battery Materials completed a business combination transaction and commenced trading on the NASDAQ under the ticker ELBM.