Contrasting Western Uranium (OTCMKTS:WSTRF) and Electra Battery Materials (NASDAQ:ELBM)

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

Risk and Volatility

Electra Battery Materials has a beta of 2.58, meaning that its stock price is 158% more volatile than the S&P 500. Comparatively, Western Uranium has a beta of 1.03, meaning that its stock price is 3% more volatile than the S&P 500.

Valuation & Earnings

This table compares Electra Battery Materials and Western Uranium”s 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 ($1.27) -0.68
Western Uranium $180,000.00 251.48 -$10.11 million ($0.13) -4.85

Western Uranium has higher revenue and earnings than Electra Battery Materials. Western Uranium 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.

Insider & Institutional Ownership

32.9% of Electra Battery Materials shares are held by institutional investors. Comparatively, 14.4% of Western Uranium shares are held by institutional investors. 22.7% of Electra Battery Materials shares are held by company insiders. Comparatively, 17.7% of Western Uranium shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings for Electra Battery Materials and Western Uranium, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electra Battery Materials 1 0 1 0 2.00
Western Uranium 0 0 0 0 0.00

Electra Battery Materials currently has a consensus target price of $2.10, indicating a potential upside of 143.90%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, research analysts plainly believe Electra Battery Materials is more favorable than Western Uranium.

Profitability

This table compares Electra Battery Materials and Western Uranium’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Electra Battery Materials N/A -48.57% -17.70%
Western Uranium -1,944.85% -29.80% -26.04%

Summary

Electra Battery Materials beats Western Uranium on 9 of the 13 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 Western Uranium

(Get Free Report)

Western Uranium & Vanadium Corp. engages in exploring, developing, mining, and production of uranium and vanadium resource properties in the United States. The company holds interests in the San Rafael uranium project located in Emery County, Utah; the Sunday Mine Complex situated in western San Miguel County, Colorado; the Van 4 mine located in western Montrose County, Colorado; the Sage mine project situated in San Juan County, Utah, and San Miguel County, Colorado; and the Dunn Project located in San Juan County, Utah. It also has interests in the Hansen, North Hansen, High Park, and Hansen Picnic Tree projects located in Fremont and Teller Counties, Colorado; the Keota uranium project situated in Weld County, Colorado; and the Ferris Haggerty project located in Carbon County, Wyoming. The company was formerly known as Western Uranium Corporation and changed its name to Western Uranium & Vanadium Corp. in October 2018. Western Uranium & Vanadium Corp. is headquartered in Toronto, Canada.

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