Electra Battery Materials is trading 9.98% up at $0.65 after reporting second-quarter 2026 net income of CAD 9.03 million, or CAD 0.09 per share, largely driven by a non-cash warrant revaluation gain.

  • The headline profit contrasts with the prior-year loss; the company remains pre-revenue.
  • Official releases highlighted ongoing Ontario refinery construction and a new CFO appointment.
  • The move appears primarily earnings-driven; major indices are nearly flat in pre-market trading, while refinery milestones may also have supported sentiment.