Paasa Logo

NASDAQ · Basic Materials

Invest in Electra Battery Materials stock from India

Indian and foreign residents can buy Electra Battery Materials (ELBM) shares directly through Paasa.

By Paasa · Updated

Electra Battery Materials at a glance

Price
$0.51-$0.02 (4.10%)
Market cap
$53.56M
Day range
$0.51 – $0.53
P/E
-0.53
Dividend yield
None
Volume
519.85K
1 month
-16.32%
6 months
-7.06%
YTD
-36.49%
1 year
-54.23%
5 years
-96.49%

Live chart and statistics

Electra Battery Materials statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueCA$0.0CA$0.0CA$0.0CA$0.0CA$0.0
Gross profit−CA$95.9KCA$0.0CA$0.0−CA$48.0K−CA$2.0K
Operating income−CA$17.0M−CA$14.0M−CA$14.0M−CA$16.8M−CA$19.2M
Net income−CA$133.4M−CA$29.4M−CA$64.7MCA$12.6M−CA$34.9M
Earnings per share−CA$4.16−CA$2.07−CA$5.96CA$1.52−CA$5.04
EBITDA−CA$16.9M−CA$22.1M−CA$56.5M−CA$15.7M−CA$18.3M
Total assetsCA$185.6MCA$151.4MCA$148.7MCA$187.5MCA$167.6M
Total debtCA$43.4MCA$71.9MCA$44.6MCA$29.7MCA$23.3M
Cash and short-term investmentsCA$39.0MCA$3.7MCA$8.2MCA$8.4MCA$60.4M
Shareholders' equityCA$46.3MCA$64.3MCA$83.3MCA$126.5MCA$100.0M
Operating cash flow−CA$15.9M−CA$17.0M−CA$23.0M−CA$15.8M−CA$16.9M
Free cash flow−CA$20.4M−CA$17.6M−CA$36.8M−CA$63.5M−CA$19.0M
Capital expenditure−CA$4.5M−CA$555.0K−CA$13.7M−CA$47.6M−CA$2.1M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Algoma SteelASTL$4.20$442.63M
Frontier Nuclear and MineralsLITM$2.02$36.41M
CL WorkshopNWGL$1.46$24.17M
Austin GoldAUST$0.97$13.28M
ZK InternationalZKIN$1.90$10.79M
Huadi InternationalHUDI$0.72$10.29M
Blue GoldBGL$0.20$8.54M
J-StarYMAT$1.50$4.19M

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
$1.50
High
$2.00
Median
$1.75
Consensus
$1.75

Ratings: 1 buy · 0 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in Electra Battery Materials from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search ELBM and buy

    Find Electra Battery Materials by name or by its ticker, ELBM, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in Electra Battery Materials from India

What Electra Battery Materials does

Electra Battery Materials Corporation, established in 2011 and headquartered in Toronto, Canada, specializes in the acquisition and exploration of mineral properties across the United States and Canada. The company's primary focus is on uncovering deposits rich in cobalt and silver. Electra Battery Materials operates in the Industrial Materials industry within the Basic Materials sector.

Hold a dollar asset

Electra Battery Materials shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one Electra Battery Materials share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Electra Battery Materials stock from India?

Yes. Indian residents and NRIs can buy Electra Battery Materials (ELBM) shares directly through Paasa. Electra Battery Materials is listed on NASDAQ, in the Industrial Materials industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Electra Battery Materials share?

No. You can buy part of one Electra Battery Materials share and add to your position over time. One share is $0.51, and you can buy whole shares or any fraction; there is no minimum trade size.

How are Electra Battery Materials dividends taxed for Indian investors?

Electra Battery Materials trades on NASDAQ but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell Electra Battery Materials shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you