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 > Current Stock Price

<< Previous

Bullboard Posts

Next >>

Comment by ARIMA11on Aug 24, 2021 11:40am

307 Views

Post# 33754804

RE:Current Stock Price

There are two components to this financing: 1) an equity offering $0.25 cents (CAD) and2) Convertible Note $0.25 cents (USD) which is now 0.32 cents Canadian after conversion.

The price $0.29 cents at this time of writing is somewhere between these two. As for the premium, they have all the money required to move forward on their operations. Its likely that the increase in valuation will come from value added activity now such as battery recycling and such.

https://interestingengineering.com/tesla-says-it-can-now-recycle-92-of-battery-cell-materials?

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?