Electra Battery Materials Corporation reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was CAD 7.63 million compared to CAD 10.5 million a year ago. Basic loss per share from continuing operations was CAD 0.24 compared to CAD 0.37 a year ago. Diluted loss per share from continuing operations was CAD 0.24 compared to CAD 0.37 a year ago.
For the nine months, net income was CAD 2.24 million compared to net loss of CAD 19.42 million a year ago. Basic earnings per share from continuing operations was CAD 0.07 compared to basic loss per share from continuing operations of CAD 0.72 a year ago. Diluted loss per share from continuing operations was CAD 0.34 compared to CAD 0.72 a year ago.