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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

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

Post by Dcoyoteon Apr 08, 2022 4:13pm
356 Views
Post# 34589171

Monday open

Monday openMonday will open at 5.76 will have the same value but a split never stays at that. I have never seen a stock split without it going down day after day. Then the company starts issuing more shares all over again. This stock will be trading below 2 dollars in no time. I am out and I broke even. No I am not a day trader with what when I bought into years ago was First Cobalt. I kept holding and adding to it. But when a company decides to split especially by this much 18 to 1 it is trouble and untrustworthy. I think I will add to my other long time holding in this sector Avalon.
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