ELBM Stock Summary and Trading Ideas (Electra Battery Materials | NASDAQ:ELBM)

Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry.

Electra Battery Materials trades on the NASDAQ stock market under the symbol ELBM.

As of April 3, 2025, ELBM stock price declined to $0.98 with 63,119 million shares trading.

ELBM has a beta of 2.96, meaning it tends to be more sensitive to market movements. ELBM has a correlation of 0.24 to the broad based SPY ETF.

ELBM has a market cap of $14.51 million. This is considered a Sub-Micro Cap stock.

ELBM has underperformed the market in the last year with a price return of -48.4% while the SPY ETF gained +4.8%. ELBM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -50.0% and -22.8%, respectively, while the SPY returned -7.9% and -5.1%, respectively.

ELBM support price is $.95 and resistance is $1.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ELBM shares will trade within this expected range on the day.