Analyzing Electra Battery Materials (NASDAQ:ELBM) and Silver Standard Resources (NASDAQ:SSRM)

Electra Battery Materials (NASDAQ:ELBM) and Silver Standard Resources (NASDAQ:SSRM) are both basic materials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, analyst recommendations, earnings, risk, profitability, valuation and institutional ownership.

Earnings and Valuation

This table compares Electra Battery Materials and Silver Standard Resources”s top-line 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	-$21.49 million	($1.27)	-0.43
Silver Standard Resources	$1.63 billion	2.86	$395.75 million	$1.85	12.43

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

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Electra Battery Materials and Silver Standard Resources, 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
Silver Standard Resources	0	1	8	1	3.00

Electra Battery Materials presently has a consensus target price of $2.10, suggesting a potential upside of 285.32%. Silver Standard Resources has a consensus target price of $36.00, suggesting a potential upside of 56.59%. Given Electra Battery Materials’ higher probable upside, equities analysts plainly believe Electra Battery Materials is more favorable than Silver Standard Resources.

Insider & Institutional Ownership

32.9% of Electra Battery Materials shares are owned by institutional investors. Comparatively, 68.3% of Silver Standard Resources shares are owned by institutional investors. 22.7% of Electra Battery Materials shares are owned by company insiders. Comparatively, 0.5% of Silver Standard Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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, Silver Standard Resources has a beta of -0.18, suggesting that its stock price is 118% less volatile than the S&P 500.

Profitability

This table compares Electra Battery Materials and Silver Standard Resources’ 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%
Silver Standard Resources	24.28%	10.40%	7.35%

Summary

Silver Standard Resources beats Electra Battery Materials on 11 of the 14 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 Silver Standard Resources

SSR Mining Inc., together with its subsidiaries, engages in the operation, acquisition, exploration, and development of precious metal resource properties in the United States, Türkiye, Canada, and Argentina. The company explores for gold doré, copper, silver, lead, and zinc deposits. Its mines include the Çöpler, located in Erzincan province, Turkey; the Marigold, located in Nevada, the United States; the Seabee, located in Saskatchewan, Canada; and the Puna, located in Jujuy province, Argentina. The company was formerly known as Silver Standard Resources Inc. and changed its name to SSR Mining Inc. in August 2017. SSR Mining Inc. was incorporated in 1946 and is based in Denver, Colorado.