ELBM on Nasdaq

Electra Battery Materials Corp

Electra Battery Materials Corp is a Canadian Mining and Quarrying of Nonmetallic Minerals company based in Toronto.1 Its shares trade on Nasdaq under the symbol ELBM.1

Price unavailable

Last updated Oct 21, 2026.

Overview

-133.5MNet income, fiscal 20252

Compare with another stock.

  • TickerELBM on Nasdaq1
  • IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • HeadquartersA61
  • Incorporated inOntario, Canada3
  • Business addressSuite 3200, Bay Adelaide Centre, 40 Temperance St., Toronto, M5H 0B43
  • Filer categoryNon-accelerated filer, Emerging growth company3
  • Legal formCorporation

Electra was incorporated under the provisions of the Business Corporations Act (British Columbia) (the “ BCBCA ”) on July 13, 2011 under the name Patrone Gold Corp. and became a reporting issuer in British Columbia and Alberta upon completion of an arrangement with Unity Energy Corp. on October 2, 2012. On October 3, 2013, the Company changed its name from Patrone Gold Corp. to Aurgent Gold Corp. On March 11, 2014, the Company changed its name from Aurgent Gold Corp. to Aurgent Resource Corp., and on September 22, 2016, the Company changed its name from Aurgent Resource Corp. to First Cobalt Corp. On October 26, 2017, shareholders of the Company approved a continuation under the Canada Business Corporations Act (the “ CBCA ”). The Company’s continuation under the CBCA was implemented as of September 4, 2018. On December 6, 2021, the Company changed its name from First Cobalt Corp. to Ele…4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-288.6%Return on equity2
-$20.4MFree cash flow2

Financial statements

Net income562-$133.5M in 2025+282% since 2021
-$150.0M-$100.0M-$50.0M0$50.0M2021: -$34.9M-$34.9M20212022: $12.6M$12.6M20222023: -$64.7M-$64.7M20232024: -$29.4M-$29.4M2024−54%2025: -$133.5M-$133.5M2025+353%

Every line of the income statement as filed: the last 3 fiscal years, latest first.2

Period ending2025-12-312024-12-312023-12-31
General and administrative3.1M CAD2.9M CAD2.4M CAD
Consulting and professional fees5.1M CAD3.8M CAD4.7M CAD
Acquisition cost255.0K CAD442.0K CAD700.0K CAD
Investor relations and marketing622.0K CAD811.0K CAD633.0K CAD
Salaries and benefits6.5M CAD4.3M CAD3.8M CAD
Share-based payments (Note 17)1.5M CAD1.7M CAD1.8M CAD
Operating loss:17.0M CAD14.0M CAD14.0M CAD
Unrealized gain (loss) on marketable securities (Note 8)4.0K CAD41.0K CAD-253.0K CAD
(Loss) gain on financial derivative liability Convertible Notes (Note 11)-10.4M CAD-4.5M CAD6.7M CAD
Changes in fair value of US warrants (Note 14 and 17 (c))74.4M CAD7.0K CAD1.2M CAD
Extinguishment of government loans-8.0M CAD
Impairment0 CAD0 CAD-51.9M CAD
Other non-operating loss (Note 19)-12.3M CAD-11.0M CAD-6.5M CAD
Net loss-133.5M CAD-29.4M CAD-64.7M CAD
Fair value adjustment of 2028 Notes and 2027 Notes due to own credit risk1.3M CAD-1.3M CAD0 CAD
Foreign currency translation gain (loss)-4.4M CAD7.5M CAD-2.1M CAD
Net loss and other comprehensive loss-136.6M CAD-23.3M CAD-66.7M CAD
Basic and diluted loss per share (Note 20) (in CAD per share)-4.16 CAD-2.07 CAD-5.96 CAD
Weighted average number of common shares outstanding - Basic and diluted (Note 20) (in shares)32.1M shares14.3M shares10.9M shares

Compare Electra Battery Materials Corp with another company

Corporate structure

Electra Battery Materials Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Electra Battery Materials Corp

  • Electra Battery Materials Corp A6

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Electra Battery Materials Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Operating-lease assets (leased space)82.0K CAD2 Dec 31, 2025140.0K CAD2 Dec 31, 2024−41.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents39.0M CAD2 Dec 31, 20253.7M CAD2 Dec 31, 2024+949.9%

Leadership

Named in SEC Form D filings

People the company listed in its private-offering notices.

  • Executive OfficerGeorge Puvvada named Apr 25, 2025 to Nov 7, 20257
  • Executive OfficerHeather Smiles named Apr 25, 2025 to Nov 7, 20257
  • Executive OfficerMarty Rendall named Apr 25, 2025 to Nov 7, 20257
  • Executive OfficerMichael Insulan named Apr 25, 2025 to Nov 7, 20257
  • Executive OfficerPaolo Toscano named Nov 7, 20257
  • Executive Officer, DirectorTrent Mell named Aug 25, 2023 to Nov 7, 20257
  • Executive OfficerMark Trevisiol named Apr 25, 20258
  • DirectorAlden Greenhouse named Apr 25, 2025 to Nov 7, 20257
  • DirectorDavid Stetson named Nov 7, 20257
  • DirectorGerard Hueber named Nov 7, 20257
  • DirectorJody Thomas named Nov 7, 20257
  • DirectorJohn Pollesel named Apr 25, 2025 to Nov 7, 20257
  • DirectorSusan Uthayakumar named Apr 25, 2025 to Nov 7, 20257
  • DirectorC.L. (Butch) Otter named Apr 25, 20258

Calendar

Coming up

  1. Nov 12, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.20) a share, on Nov 13, 2025.9

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

275 filings to the SEC since October 2021: 6 annual reports, 25 large holders, 5 private raises, 239 other. The latest 20:

  1. Oct 13, 20266-K EDGAR
  2. Oct 5, 20266-K EDGAR
  3. Oct 5, 20266-K EDGAR
  4. Sep 16, 20266-K EDGAR
  5. Sep 16, 20266-K EDGAR
  6. Sep 3, 20266-K EDGAR
  7. Sep 1, 20266-K EDGAR
  8. Aug 26, 20266-K EDGAR
  9. Aug 20, 20266-K EDGAR
  10. Aug 18, 20266-K EDGAR
  11. Aug 14, 2026SCHEDULE 13G/A EDGAR
  12. Aug 12, 20266-K EDGAR
  13. Aug 6, 20266-K EDGAR
  14. Jul 20, 20266-K EDGAR
  15. Jul 6, 20266-K EDGAR
  16. Jun 23, 20266-K EDGAR
  17. Jun 8, 20266-K EDGAR
  18. Jun 4, 20266-K EDGAR
  19. May 21, 20266-K EDGAR
  20. May 15, 2026SCHEDULE 13G/A EDGAR

The 275 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$131.3M 2023–2025
Money received by yearMoney received by year, 2023–2025: $131.3M in all. Private raises (Form D) $111.3M; Federal grants $20.0M.$0$50M$100M$150M2023 · Private raises (Form D): $6.1M20232024 · Federal grants: $10.0M20242025 · Private raises (Form D): $105.2M2025 · Federal grants: $10.0M2025
Figures by year
YearPrivate raises (Form D)Federal grantsTotal
2025$105.2M$10.0M$115.2M
2024–$10.0M$10.0M
2023$6.1M–$6.1M

Private raises

Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.

  1. Oct 22, 2025Raised $69.1 million in a private offering of securities7 Form D: $137.9 million offered in all Form D
  2. Oct 22, 2025Raised $34.5 million in a private offering of equity15 Form D: 154 investors so far Form D
  3. Apr 4, 2025Raised $1.6 million in a private offering of equity8 Form D: $6 million offered in all Form D
  4. Aug 11, 2023Raised $6.1 million in a private offering of equity16 Form D: named in the filing: Trent Mell Form D

Federal awards

Obligated amounts from USAspending.gov17, by calendar year, 2024–2025, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Aug 19, 2024$20.0M from Department of the Air Force: Defense Production Act Title Iii (Dpa Title Iii)18 To ELECTRA BATTERY MATERIALS CORPORATION Award FA86502425503

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 29. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Whitebox Advisors LLC6,892,107$4.2M0.2%−1,307,992
Highbridge Capital Management LLC6,209,511$3.7M0.2%−1,633,236
Peak6 LLC1,249,080$754.2K0.0%No change
Diametric Capital, LP516,559$316.3K0.0%+262,145
Jane Street Group, LLC314,398$189.8K0.0%+63,992
Rathbones Group PLC250,171$152.6K0.0%−250,171
Jpmorgan Chase & Co185,919$97.8K0.0%New
Huntington National Bank123,456$74.5K0.0%No change
XTX Topco Ltd56,178$33.9K0.0%−212,803
Prelude Capital Management, LLC41,674$25.2K0.0%+2,256
UBS Group AG26,840$16.2K0.0%+5,272
Scotia Capital Inc.25,165$15.1K0.0%No change
Cibc World Market Inc.22,299$13.7K0.0%+11,000
Persistent Asset Partners Ltd19,180$11.7K0.0%New
Jefferies Financial Group Inc.20,000$11.1K0.0%No change
Geode Capital Management, LLC17,217$10.4K0.0%New
LPL Financial LLC15,286$9.2K0.0%+1,255
Bank Of Montreal /can/13,223$8.1K0.0%New
New Harbor Financial Group, LLC13,000$7.8K0.0%New
Susquehanna International Group, Llp12,687$7.7K0.0%New
Royal Bank Of Canada11,169$7.0K0.0%−3,710
Federation des caisses Desjardins du Quebec8,984$5.4K0.0%No change
Leonteq Securities AG4,702$4.1K0.0%No change
Morgan Stanley5,929$3.6K0.0%+4,748
Wells Fargo & Company/mn1,750$1.1K0.0%No change

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Electra Battery Materials Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARElectra Battery Materials Corp1
  • CIK0001907184
  • Filer statusNon-accelerated filer an emerging growth company; not a shell company4
  • Incorporated inCanada4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business addressSuite 3200, Bay Adelaide Centre, 40 Temperance St., Toronto, M5H 0B4, Ontario, Canada1
  • Mailing addressElectra Head Office, 133 Richmond Street W, Suite 602, Toronto, M5H 2L3, Ontario, Canada1
  • Phone416-900-38911
  • Shares outstanding103,738,330 shares as of Dec 31, 20254
  • AuditorMNP LLP, Toronto, Ontario PCAOB ID 1930; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceApr 14, 20221
  • Filings275 in all: 6-K (192), SCHEDULE 13D/A (8), CORRESP (6), F-3/A (5), SUPPL (5), UPLOAD (5), D (4), F-X (4)1
    All 30 form types

    SC 13G/A (4), SCHEDULE 13G (4), SCHEDULE 13G/A (4), 20-F (3), 6-K/A (3), F-10 (3), SCHEDULE 13D (3), 20-F/A (2), 424B5 (2), EFFECT (2), F-3 (2), FWP (2), RW (2), SC 13G (2), 40-F (1), 40FR12B (1), 424B3 (1), CERT (1), D/A (1), NT 20-F (1), S-8 (1), SEC STAFF ACTION (1)

  • Latest filingsAnnual report (20-F) Mar 30, 2026

Securities registered for trading

ClassSymbolExchange
Common SharesELBMNasdaq

From the cover page of the 20-F filed Mar 30, 2026 (Section 12(b) of the Exchange Act).4