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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Metals & Mining Industrial Metals & Minerals
Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Electra Battery Materials Corp > Its a buy!
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Post by NorthernLifeon Feb 02, 2021 1:50pm
390 Views
Post# 32448305

Its a buy!

Its a buy!The technicals are linning up nicely with a bounce off support for reversal with hidden bullish divergence on the 4hr AND the daily. Also broke out of supply line on the downtrend. IMO it looks good on the technical side of things, obviously catalyst override technicals but thought i'd share my observations.
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