ROTH MKM initiated coverage on Electrovaya with a new price target
$ELVA
ROTH MKM initiated coverage of Electrovaya with a rating of Buy and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/6/2024 | $8.00 | Buy | ROTH MKM |
The Company has begun placing initial purchase orders for battery system assembly equipment along with commencing hiring with the goal of starting battery assembly by CY Q2 2025 JAMESTOWN, NY / ACCESSWIRE / January 14, 2025 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce that it has begun making capital investments for its planned Jamestown battery manufacturing facility along with hiring initial personnel. These initial procurements include battery system manufacturing and testing equipment along with awarding engineering work to prepare for further investments pertaining
TORONTO, ONTARIO / ACCESSWIRE / December 18, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, is pleased to announce in connection with its previously completed public offering of 5,175,000 common shares in the capital of the Company (the "Common Shares") at the price of US$2.15 per Common Share (the "Offering Price") for gross proceeds of approximately US$11.1 million (the "Offering") that Roth Capital Partners, acting as sole book-running manager, and Raymond James Ltd. and Craig-Hallum Capital Group LLC acting as the co-lead book-running managers in the Offering, have purchased an addition
TORONTO, ONTARIO / ACCESSWIRE / December 18, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, has successfully closed its previously announced public offering (the "Offering") of 5,175,000 common shares in the capital of the Company (the "Common Shares") at a price to the public of US$2.15 per Common Share (the "Offering Price") for gross proceeds of approximately US$11.1 million, before deducting the underwriting discounts and commissions and estimated expenses incurred in connection with the Offering. Roth Capital Partners ("Roth") acted as sole book-running manager, and Raymond James Ltd
6-K - Electrovaya Inc. (0001844450) (Filer)
6-K - Electrovaya Inc. (0001844450) (Filer)
40-F - Electrovaya Inc. (0001844450) (Filer)
Revenue of $44.6M with $4M Adjusted EBITDA1 (6th Consecutive Positive Quarter)Historic Positive Cash Flow from Operations and Improved Gross MarginsApproval of $51million direct loan from The Export-Import Bank of the United States expected to fund Electrovaya's lithium ion cell and battery manufacturing facility in Jamestown, New YorkRemoval of Going Concern note in the financial statements due to improved financial performance TORONTO, ONTARIO / ACCESSWIRE / December 12, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the fourth quarter and fiscal y
TORONTO, ON / ACCESSWIRE / December 6, 2024 / Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announces that it will file and release its fourth quarter and fiscal year ending September 30, 2024, following the market close on Thursday, December 12, 2024. This will be followed by a conference call at 5:00 p.m. ET on the same day, presented by CEO, Dr. Raj DasGupta and CFO, John Gibson to discuss the financial results and provide a business update. Conference Call details:Date: Thursday, December 12, 2024Time: 5:00 pm. Eastern Standard Time (ET)Toll Free: 877-545-0523International: 973-528-0016Participant Access Code: 841419To he
Continued gross margin growth, Revenue of $10.3 million, Adjusted EBITDA1 of $0.6 million.Progress in meeting strategic financing objectives including refinancing existing working capital facilities and in negotiations with a US federal agency with regards to financing planned Jamestown, New York lithium-ion battery manufacturing facility TORONTO, ON / ACCESSWIRE / August 13, 2024 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for fiscal 2024 third quarter ended June 30, 2024 ("Q3 FY2024"). All dollar amounts are in U.S. dollars unless otherwise noted. "We
Former Board Chair of Sierra Club Foundation, Barclays Head of cleantech joins Electrovaya's board of directors to enhance climate tech and capital markets depthTORONTO, ON / ACCESSWIRE / October 24, 2023 / Electrovaya Inc. ("Electrovaya" or the "Company") (NASDAQ:ELVA);(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, announced the appointment of Steven Berkenfeld to the Company's board of directors. Steven Berkenfeld is a renowned and passionate Climate and Clean Technology advocate and has been acting as an advisor to Electrovaya's CEO since 2021. Steven retired from a long career in Investment Banking at the end of 2019 to focus entirely on impact and susta
ROTH MKM initiated coverage of Electrovaya with a rating of Buy and set a new price target of $8.00