A Wall Street analyst has provided a review for the Materials company today, but retained the same rating on the stock. Analyst Heiko Ihle from H.C. Wainwright remains bullish on Electra Battery Materials Corp (ELBM – Research Report) and has a $1.60 price target.
According to TipRanks.com, Ihle is ranked 0 out of 5 stars with an average return of -19.6% and a 21.1% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Tanzanian Royalty Exploration, and Northern Dynasty Minerals.
Currently, the analyst consensus on Electra Battery Materials Corp is a Moderate Buy with an average price target of C$2.64.
The company has a one-year high of C$4.20 and a one-year low of C$0.59. Currently, Electra Battery Materials Corp has an average volume of 79.48K.
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 Friday at C$0.69, close to its 52-week low of C$0.59.
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