Electra Battery Materials (NASDAQ:ELBM – Get Free Report) and CanAlaska Uranium (OTCMKTS:CVVUF – Get Free Report) are both basic materials companies, but which is the superior stock? We will compare the two businesses based on the strength of their profitability, dividends, risk, earnings, analyst recommendations, valuation and institutional ownership.
Insider & Institutional Ownership
1.5% of Electra Battery Materials shares are owned by institutional investors. Comparatively, 4.1% of CanAlaska Uranium shares are owned by institutional investors. 22.7% of Electra Battery Materials shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Earnings & Valuation
This table compares Electra Battery Materials and CanAlaska Uranium’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 | $9.65 million | ($0.41) | -1.26 |
| CanAlaska Uranium | N/A | N/A | N/A | $0.03 | 11.38 |
Profitability
This table compares Electra Battery Materials and CanAlaska Uranium’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Electra Battery Materials | N/A | -6.94% | -4.18% |
| CanAlaska Uranium | N/A | N/A | N/A |
Analyst Recommendations
This is a breakdown of recent recommendations for Electra Battery Materials and CanAlaska Uranium, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Electra Battery Materials | 0 | 0 | 2 | 0 | 3.00 |
| CanAlaska Uranium | 0 | 0 | 0 | 0 | N/A |
Electra Battery Materials currently has a consensus price target of $2.38, suggesting a potential upside of 361.17%. Given Electra Battery Materials’ higher possible upside, equities research analysts clearly believe Electra Battery Materials is more favorable than CanAlaska Uranium.
Summary
CanAlaska Uranium beats Electra Battery Materials on 5 of the 8 factors compared between the two stocks.
About Electra Battery Materials
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 CanAlaska Uranium
CanAlaska Uranium Ltd., an exploration stage company, engages in the acquisition and exploration of mineral properties. It primarily explores for uranium, nickel, copper, gold, and diamond deposits. The company has an option agreement to acquire 80% interest in the Geikie project that comprises six new uranium targets totaling 33,897 hectares located in the Eastern Athabasca basin; and a 100% interest in the Marshall project located in the Athabasca Basin. It also holds interests in approximately 410,000 hectares of mining claims in the Athabasca basin located across the provinces of Saskatchewan, Manitoba, and Alberta in Canada. The company was formerly known as CanAlaska Ventures Ltd. and changed its name to CanAlaska Uranium Ltd. in October 2006. CanAlaska Uranium Ltd. was incorporated in 1985 and is headquartered in Vancouver, Canada.
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