ELBM Electra Battery Materials Corporation

NEUTRAL Impact: 4/10 PRESS-RELEASE
Horizon weeks Filed Apr 9, 2026 Processed 2mo ago Wire GlobeNewswire
Press release: contract
Latest settled — T+20d ⚠ clustered
ELBM ▲ +15.90% at T+20d
NEUTRAL call ✓ call won +15.90% · α vs SPY +8.33% · entry $0.5660 → $0.6560
Next anchor: T+60d in 26d
Last close $0.6220 (close Jun 8) · +9.89% from $0.5660 entry
Entry anchored
Apr 8, 03:59 PM ET
via Databento tick
T+1d
+4.42%
call +4.42% · α +4.48%
$0.5910
settled 2mo ago
T+5d
+18.90%
call +18.90% · α +15.72%
$0.6730
settled 8w ago
T+20d
+15.90%
call +15.90% · α +8.33%
$0.6560
settled 5w ago
T+60d
call — · α —
in 26d

Price Chart

Loading chart...

Executive Summary

Electra Battery Materials announced approximately C$7.8 million in construction contracts for its cobalt sulfate refinery in Ontario, including C$6.8 million for crystallizer circuit work and C$1.0 million for a silo building. The company also raised $4.75 million in gross proceeds through its at-the-market (ATM) program in Q1 2026.

Key Financial Metrics

Deal Value
$7.2M

Actionable Insight

The contract awards signal continued progress on refinery construction, but the ATM issuance adds modest dilution. Traders should monitor future capital raises and project milestones for signs of funding stress given the company's small market cap.

Key Facts

  • Awarded C$6.8 million contract to Pro Pipe Construction Ltd. for structural, mechanical, and piping work on the crystallizer circuit.
  • Awarded C$1.0 million contract to WB Melback Corporation for construction of the silo building.
  • Raised $4.75 million in gross proceeds from issuing 4,734,605 shares under the ATM program at a weighted average price of $1.0042 per share.
  • Commissions of $118,000 paid to H.C. Wainwright & Co. related to ATM distributions.
  • Forward-looking statements include risks related to Nasdaq listing compliance and future capital needs.

Financial Impact

C$7.8 million in construction contracts awarded; $4.75 million raised via ATM issuance

cashdilutionconstruction_capital

Risk Factors

  • Dilution from ongoing ATM program could pressure share price
  • Forward-looking statements highlight uncertainty around Nasdaq listing compliance
  • Construction progress dependent on execution and future funding

Market Snapshot

Exchange
Nasdaq
Sector
Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3270815
10 reports for ELBM
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for ELBM — sortable, filterable
Type Now
Jun 8, 2026
1d ago
6-K
NEUTRAL ★ 4/10
$0.6387 awaiting T+1awaiting T+1$0.6220 (−2.61%)
Jun 4, 2026
5d ago
6-K
NEUTRAL ★ 4/10
$0.7000 $0.6450▼ −7.86%▼ −5.26%$0.6220 (−11.14%)
Jun 4, 2026
5d ago
Press Release
NEUTRAL ★ 4/10
$0.7000 $0.6450▼ −7.86%▼ −5.26%$0.6220 (−11.14%)
May 14, 2026
26d ago
Press Release
BULLISH ★ 7/10
$0.6200 $0.5990▼ −3.39%▼ −2.16%$0.6220 (+0.32%)
May 14, 2026
26d ago
6-K
MIXED ★ 6/10
$0.6200 $0.5990▼ −3.39%▼ −2.16%$0.6220 (+0.32%)
May 13, 2026
27d ago
6-K
NEUTRAL ★ 4/10
$0.6170 $0.6200▲ +0.49%▼ −0.29%$0.6220 (+0.81%)
May 13, 2026
27d ago
Press Release
NEUTRAL ★ 4/10
$0.6170 $0.6200▲ +0.49%▼ −0.29%$0.6220 (+0.81%)
May 5, 2026
5w ago
6-K
BULLISH ★ 7/10
$0.6550 $0.6560▲ +0.15%▼ −1.23%$0.6220 (−5.04%)
Apr 9, 2026
8w ago
6-K
NEUTRAL ★ 5/10
$0.5660 $0.5910▲ +4.42%▲ +4.48%$0.6220 (+9.89%)
Apr 9, 2026
8w ago
Press Release
NEUTRAL ★ 4/10
$0.5660 $0.5910▲ +4.42%▲ +4.48%$0.6220 (+9.89%)
Showing 10 of 10

US Market Status

Market Closed — Opens in 6h 57m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access