Electra Battery Materials Corp (TSE:ELBM) has released an update.
Electra Battery Materials Corp reported a net loss of $12,169,000 for the first quarter of 2024, an improvement from the $20,346,000 loss in the same period the previous year. Total assets slightly increased to $149,335,000 as of March 31, 2024, up from $148,692,000 at the end of 2023, while total liabilities rose to $74,872,000 from $65,394,000. The company’s shareholders’ equity saw a decrease to $74,463,000, compared to $83,298,000 previously.
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