Critical Comparison: Electra Battery Materials (NASDAQ:ELBM) & Manhattan Scientifics (OTCMKTS:MHTX)

Manhattan Scientifics (OTCMKTS:MHTX) and Electra Battery Materials (NASDAQ:ELBM) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, analyst recommendations, profitability and institutional ownership.

Profitability

This table compares Manhattan Scientifics and Electra Battery Materials’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Manhattan Scientifics	N/A	N/A	-462.65%
Electra Battery Materials	N/A	-39.33%	-19.52%

Analyst Ratings

This is a summary of current ratings and price targets for Manhattan Scientifics and Electra Battery Materials, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Manhattan Scientifics	0	0	0	0	0.00
Electra Battery Materials	0	0	1	1	3.50

Electra Battery Materials has a consensus target price of $5.20, indicating a potential upside of 246.67%. Given Electra Battery Materials’ stronger consensus rating and higher probable upside, analysts plainly believe Electra Battery Materials is more favorable than Manhattan Scientifics.

Valuation and Earnings

This table compares Manhattan Scientifics and Electra Battery Materials”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Manhattan Scientifics	$50,000.00	N/A	-$1.16 million	N/A	N/A
Electra Battery Materials	N/A	N/A	-$47.90 million	($3.56)	-0.42

Manhattan Scientifics has higher revenue and earnings than Electra Battery Materials.

Volatility and Risk

Manhattan Scientifics has a beta of 1.36, indicating that its share price is 36% more volatile than the S&P 500. Comparatively, Electra Battery Materials has a beta of 2.58, indicating that its share price is 158% more volatile than the S&P 500.

Institutional & Insider Ownership

32.9% of Electra Battery Materials shares are held by institutional investors. 11.8% of Manhattan Scientifics shares are held by insiders. Comparatively, 22.7% of Electra Battery Materials shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Electra Battery Materials beats Manhattan Scientifics on 8 of the 11 factors compared between the two stocks.

About Manhattan Scientifics

Manhattan Scientifics, Inc., a technology incubator, engages in the development and commercialization of life-enhancing technologies in the United States. It develops technologies in the areas of nano-technologies and nano-medicine. The company offers nanostructured bulk metals and alloys in the form of rod, bar, wire, and foil for medical implants and other applications. The company was formerly known as Grand Enterprises, Inc. Manhattan Scientifics, Inc. was founded in 1992 and is based in New York, New York.

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.