Reviewing Electra Battery Materials (NASDAQ:ELBM) & Axion Power International (OTCMKTS:AXPWQ)

Electra Battery Materials (NASDAQ:ELBMGet Free Report) and Axion Power International (OTCMKTS:AXPWQGet Free Report) are both basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, analyst recommendations, profitability, institutional ownership, valuation, risk and dividends.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Electra Battery Materials and Axion Power International, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electra Battery Materials 0 0 1 1 3.50
Axion Power International 0 0 0 0 0.00

Electra Battery Materials currently has a consensus price target of $1.30, suggesting a potential upside of 133.73%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, research analysts plainly believe Electra Battery Materials is more favorable than Axion Power International.

Institutional & Insider Ownership

32.9% of Electra Battery Materials shares are held by institutional investors. 22.7% of Electra Battery Materials shares are held by company insiders. Comparatively, 0.1% of Axion Power International shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Electra Battery Materials and Axion Power International’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Electra Battery Materials N/A -39.33% -19.52%
Axion Power International N/A N/A N/A

Volatility and Risk

Electra Battery Materials has a beta of 2.61, suggesting that its stock price is 161% more volatile than the S&P 500. Comparatively, Axion Power International has a beta of -3.48, suggesting that its stock price is 448% less volatile than the S&P 500.

Earnings & Valuation

This table compares Electra Battery Materials and Axion Power International”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Electra Battery Materials N/A N/A -$47.90 million ($0.89) -0.62
Axion Power International N/A N/A N/A N/A N/A

Summary

Electra Battery Materials beats Axion Power International on 7 of the 9 factors compared between the two stocks.

About Electra Battery Materials

(Get Free Report)

Electra Battery Materials Corporation engages in the acquisition and exploration of resource properties in the United States and Canada. It primarily explores for cobalt and silver deposits. The company's flagship project is the Iron Creek cobalt-copper project located in Lemhi County, Idaho. It also operates a cobalt refinery for producing battery materials for the electric vehicle supply chain. The company was formerly known as First Cobalt Corp. and changed its name to Electra Battery Materials Corporation in December 2021. Electra Battery Materials Corporation was incorporated in 2011 and is headquartered in Toronto, Canada.

About Axion Power International

(Get Free Report)

Axion Power International, Inc. focuses on PbC battery technology business. It offers hybrid asymmetric energy storage devices. The company was founded in 2003 and is based in Boardman, Ohio.

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