Electra Battery Materials (NASDAQ:ELBM) versus Energizer Resources (OTCMKTS:NSRCF) Head-To-Head Review

Electra Battery Materials (NASDAQ:ELBM) and Energizer Resources (OTCMKTS:NSRCF) are both small-cap basic materials companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, risk, valuation, institutional ownership, earnings and profitability.

Valuation & Earnings

This table compares Electra Battery Materials and Energizer Resources”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Electra Battery Materials	N/A	N/A	-$21.49 million	($1.23)	-1.54
Energizer Resources	$710,000.00	97.17	-$23.26 million	($0.12)	-3.11

Electra Battery Materials has higher earnings, but lower revenue than Energizer Resources. Energizer Resources is trading at a lower price-to-earnings ratio than Electra Battery Materials, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Electra Battery Materials and Energizer Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Electra Battery Materials	N/A	-41.78%	-16.56%
Energizer Resources	N/A	-44.28%	-24.17%

Analyst Recommendations

This is a breakdown of recent ratings for Electra Battery Materials and Energizer Resources, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Electra Battery Materials	1	0	1	0	2.00
Energizer Resources	0	0	0	0	0.00

Electra Battery Materials currently has a consensus price target of $2.20, suggesting a potential upside of 16.40%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, research analysts plainly believe Electra Battery Materials is more favorable than Energizer Resources.

Insider & Institutional 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, 4.6% of Energizer Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Risk and Volatility

Electra Battery Materials has a beta of 2.53, meaning that its stock price is 153% more volatile than the S&P 500. Comparatively, Energizer Resources has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500.

Summary

Electra Battery Materials beats Energizer Resources on 10 of the 12 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 Energizer Resources

NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. The company primarily explores for graphite and vanadium deposits. Its flagship property is the 100% owned Molo graphite mine project located in the Southern Madagascar Region, Madagascar. The company was formerly known as Energizer Resources Inc. The company was founded in 2004 and is headquartered in Toronto, Canada.