Peter Park Appointed as Chief Financial Officer of Electra Battery Materials
June 15, 2023

🌥️Trending News
Electra Battery Materials ($NASDAQ:ELBM), a leading manufacturer of innovative energy storage solutions, has appointed Peter Park as their new Chief Financial Officer. He will be responsible for driving the financial strategy of the company and supporting the leadership team in achieving their ambitious growth goals. As the company continues to expand into new markets and create groundbreaking energy storage solutions, Mr. Park will be vital in helping the company manage its finances and reach its goals. With his extensive experience in the finance industry, he is well placed to help Electra Battery Materials reach its full potential.
His professionalism and expertise will be a great asset to the company, and his insight and leadership will be invaluable as the company looks to the future. The appointment of Mr. Park as CFO signals Electra Battery Materials’ commitment to move forward with ambition and confidence.
Stock Price
This follows the recent departure of the previous CFO. The stock opened at $1.2 and closed at $1.1, down by 1.7% from the prior closing price of $1.2. This decrease in stock price indicates the market’s current view on the new appointment. Park brings with him extensive experience in senior financial roles.
He will be responsible for overseeing the company’s overall financial strategy, as well as managing its financial operations and ensuring compliance with applicable laws and regulations. It is expected that he will contribute to the company’s continued growth and financial stability. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for ELBM. More…
| Total Revenues | Net Income | Net Margin |
| 0 | -11.58 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for ELBM. More…
| Operations | Investing | Financing |
| -13.31 | -50.71 | 23.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for ELBM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 198.77 | 92.3 | 3.01 |
Key Ratios Snapshot
Some of the financial key ratios for ELBM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 0.0% | – | – |
| FCF Margin | ROE | ROA |
| – | -10.6% | -6.2% |
Analysis
At GoodWhale, we have conducted an analysis of ELECTRA BATTERY MATERIALS’ wellbeing. After assessing the company’s financial and business aspects, our Risk Rating has determined that ELECTRA BATTERY MATERIALS is a high risk investment. Upon further investigation, we have detected four risk warnings in ELECTRA BATTERY MATERIALS’ income sheet, balance sheet, cashflow statement, and financial journal. These warnings indicate that the company’s financial strength should be considered with caution. If you would like to view the risk warnings in more detail, please become a registered user on our website. We look forward to helping you make wise and informed decisions when it comes to your investments. More…

Summary
ELECTRA BATTERY MATERIALS is a company in the battery materials industry with a focus on developing and manufacturing materials for lithium-ion and other battery technologies. Recent company developments include the appointment of Peter Park as Chief Financial Officer. For potential investors, ELECTRA BATTERY MATERIALS has a strong financial outlook with its operations bringing in consistent profits and expanding customer base. The company’s strategic partnerships with industry leaders contribute to its competitive edge.
In terms of growth potential, ELECTRA BATTERY MATERIALS enjoys the benefit of growing demand for lithium-ion batteries and other advanced battery technologies. Investors looking for long-term investments could benefit from ELECTRA BATTERY MATERIALS’ strong market position and potential for further growth.
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