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Bullboard - Stock Discussion Forum 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... see more

TSXV:ELBM - Post Discussion

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Post by ustocks on Jan 28, 2021 10:15pm

FCC 01/26/21

``First Cobalt's treasury continues to strengthen, with recent share price performance resulting in over $4.5 million in early warrant exercises. Certain officers and directors of the company voluntarily exercised warrants to bolster the Company's cash position. The Company's working capital stands at approximately $16 million with an additional $14 million expected to come from the government contributions to the project capital costs and the closing of a previously announced transaction with Kuya Silver.``



https://www.marketscreener.com/quote/stock/FIRST-COBALT-CORP-47061898/news/First-Cobalt-Commences-Pre-Construction-Activities-32276380/
Comment by Toront on Jan 28, 2021 10:36pm
I have a question, why SP is not up and stable?
Comment by Goatburner on Jan 29, 2021 3:19am
Good morning Toront. I would suggest normal intra day trading. The fundamentals haven't changed, but stocks go up and down on any given day. As for stability - there is no volatility here. One should expect stock prices to go up and down - pretty normal. People taking money and repositioning.. You will notice that despite the selling the same people likely are buying back in. At the moment no ...more  
Comment by Toront on Jan 29, 2021 7:43am
Thank you so much Goatburner. 
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