Electra Battery Materials Corp V.ELBM

Zacks

[plimbo23]

``Based on short-term price targets offered by two analysts, the average price target for Electra Battery Materials Corporation comes to $1.93. The forecasts range from a low of $1.60 to a high of $2.25. The average price target represents an increase of 328.89% from the last closing price of $0.45.``


https://www.zacks.com/stock/research/ELBM/price-target-stock-forecast

[dothemathpeople]

Where did these analysts come from? Is this U$D?  What is the justification for the target?  It's certainly not revenue.  Is it the $60,000,000 still needed to finish this trash heap? Do tell.  This group seems to have conned everyone they ever met, or partnered with; Aboriginal money, Provincial govt. money, Federal govt. money, Bay street money, Wall street money