Electra Battery Materials Corporation Common Stock (ELBM)

FairStock Score: 33/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn good returns on capital and survive stress. Electra fails that test today. At the 2026-10-13 close of $0.48, it has a $63.2M market cap. FairStock calculations show P/B of 0.74 and P/E of -0.23, so the market is pricing it below book value, but the company is not producing positive earnings. ROE is -109.99% and ROCE is -6.08%, which tells me capital is being consumed, not compounded. The trailing twelve-month free cash flow of -$30.4M and FCF yield of -48.1% are alarming: the business burns cash at a pace that demands outside financing. D/E of 0.48 is not comforting when profitability is negative. The Piotroski F-Score of 1/9 and Altman Z-Score of -2.30 point to financial weakness and distress risk. The 52-week range of $0.47-$2.65 and beta of 1.79 suggest a speculative, volatile security. As a Graham investor, I might glance at the sub-book price, but asset value in early-stage mining and refining is only as good as the cash flows it can generate. Electra's cobalt refinery and cobalt/copper/silver properties may be strategically relevant to the EV supply chain, but I see no moat—only commodity exposure, execution risk, and a need for capital. The Lynch category is none because there are only 0 years of filed results, needing 3; that alone tells me this is not a seasoned operating record. FairStock Score 33/100 fits. I would wait for evidence of durable cash generation and a stronger balance sheet.

In plain English: Electra Battery Materials is a small mining and battery-materials company focused on cobalt, copper, silver and a cobalt refinery for electric-vehicle batteries. The business looks weak today: it is losing money, burning cash, and has debt compared with its equity. At $0.48, the shares look cheap relative to the value of its assets on the books, but the weak finances make that a risky and uncertain bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer