TMC the metals (NASDAQ:TMC) versus Electra Battery Materials (NASDAQ:ELBM) Head-To-Head Review

TMC the metals (NASDAQ:TMC) and Electra Battery Materials (NASDAQ:ELBM) are both basic materials companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, profitability, earnings, valuation and institutional ownership.

Risk & Volatility

TMC the metals has a beta of 1.7, meaning that its share price is 70% more volatile than the S&P 500. Comparatively, Electra Battery Materials has a beta of 2.53, meaning that its share price is 153% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings for TMC the metals and Electra Battery Materials, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TMC the metals	2	0	3	0	2.20
Electra Battery Materials	1	0	1	0	2.00

TMC the metals currently has a consensus target price of $7.33, suggesting a potential upside of 4.91%. Electra Battery Materials has a consensus target price of $2.20, suggesting a potential upside of 56.03%. Given Electra Battery Materials’ higher probable upside, analysts plainly believe Electra Battery Materials is more favorable than TMC the metals.

Earnings & Valuation

This table compares TMC the metals and Electra Battery Materials”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
TMC the metals	N/A	N/A	-$81.94 million	($0.37)	-18.89
Electra Battery Materials	N/A	N/A	-$21.49 million	($1.23)	-1.15

TMC the metals 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

4.4% of TMC the metals shares are held by institutional investors. Comparatively, 32.9% of Electra Battery Materials shares are held by institutional investors. 27.6% of TMC the metals shares are held by company insiders. Comparatively, 22.7% of Electra Battery Materials shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares TMC the metals and Electra Battery Materials’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TMC the metals	N/A	-1,240.46%	-90.71%
Electra Battery Materials	N/A	-41.78%	-16.56%

Summary

Electra Battery Materials beats TMC the metals on 7 of the 11 factors compared between the two stocks.

About TMC the metals

TMC the metals company Inc., a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean. Its products are used in electric vehicles (EV), renewable energy storage markets, EV wiring, energy transmission, manganese alloy production required for steel production, and other applications. The company was formerly known as Sustainable Opportunities Acquisition Corporation and changed its name to TMC the metals company Inc. TMC the metals company Inc. was founded in 2011 and is based in Vancouver, Canada.

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.