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Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.


TSXV:ELBM - Post by User

Comment by dothemathpeopleon Apr 06, 2022 9:50am
343 Views
Post# 34580066

RE:RE:RE:Finally! And long past due!

RE:RE:RE:Finally! And long past due!I have never seen a stock, post dotcom era, move significantly higher, after a consolidation.  18:1 roll back makes the stock = $0.277/share.  Then factor in the exchange rate of about $1.34:$1, and we are right about where elbm needs to be to clear the requirement.  Now the question becomes, will it stay there?  Additionally, to move from $5 per share, to $10 per share...the double everyone desperately wants...will take some kinda effort to make happen.  It is all relative now.  $0.34 is about the price, where they make the cut, all things considered.  Moving a $5 stock to $10.  Good luck!!!
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