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H.C. Wainwright Thinks Electra Battery Materials Corp’s Stock is Going to Recover

Electra Battery Materials Corp (ELBMResearch Report), the Materials sector company, has received a rating update from a Wall Street analyst today. The Materials company, Electra Battery Materials Corp (TSXV: ELBM) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Ihle is ranked 0 out of 5 stars with an average return of -17.8% and a 24.6% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Northern Dynasty Minerals, Americas Gold and Silver, and First Majestic Silver.

Electra Battery Materials Corp has an analyst consensus of Moderate Buy, with a price target consensus of C$6.95.

Electra Battery Materials Corp’s market cap is currently C$45.51M and has a P/E ratio of -4.22.

First Cobalt Corp is an exploration stage company. It is engaged in the acquisition, exploration, and development of resource properties. Its projects include Iron Creek in Idaho, First Cobalt Refinery in North America, and Greater Cobalt in Ontario.

The company’s shares closed last Wednesday at C$1.28, close to its 52-week low of C$1.11.

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