ELBM Electra Battery Materials Corporation
Price 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
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
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
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3270815 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 8, 2026
1d ago
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6-K
| $0.6387 awaiting T+1 | awaiting T+1 | — | $0.6220 (−2.61%) |
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Jun 4, 2026
5d ago
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6-K
| $0.7000 $0.6450 | ▼ −7.86% | ▼ −5.26% | $0.6220 (−11.14%) |
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Jun 4, 2026
5d ago
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Press Release
| $0.7000 $0.6450 | ▼ −7.86% | ▼ −5.26% | $0.6220 (−11.14%) |
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May 14, 2026
26d ago
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Press Release
| $0.6200 $0.5990 | ▼ −3.39% | ▼ −2.16% | $0.6220 (+0.32%) |
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May 14, 2026
26d ago
|
6-K
| $0.6200 $0.5990 | ▼ −3.39% | ▼ −2.16% | $0.6220 (+0.32%) |
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May 13, 2026
27d ago
|
6-K
| $0.6170 $0.6200 | ▲ +0.49% | ▼ −0.29% | $0.6220 (+0.81%) |
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May 13, 2026
27d ago
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Press Release
| $0.6170 $0.6200 | ▲ +0.49% | ▼ −0.29% | $0.6220 (+0.81%) |
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May 5, 2026
5w ago
|
6-K
| $0.6550 $0.6560 | ▲ +0.15% | ▼ −1.23% | $0.6220 (−5.04%) |
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Apr 9, 2026
8w ago
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6-K
| $0.5660 $0.5910 | ▲ +4.42% | ▲ +4.48% | $0.6220 (+9.89%) |
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Apr 9, 2026
8w ago
|
Press Release
| $0.5660 $0.5910 | ▲ +4.42% | ▲ +4.48% | $0.6220 (+9.89%) |
US Market Status
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