|Bid||0.1700 x 0|
|Ask||0.1750 x 0|
|Day's Range||0.1700 - 0.1800|
|52 Week Range||0.1400 - 0.3500|
|Beta (5Y Monthly)||2.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 14, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2.00|
TORONTO , Nov. 26, 2019 /CNW/ - Electrovaya Inc. ("Electrovaya" or the "Company") (EFL.TO) (EFLVF) today announced that it is moving its corporate head office from 2645 Royal Windsor Drive in Mississauga, Ontario to 6688 Kitimat Road, also in Mississauga . The Company's relocation should be completed by December 2, 2019 . The move places the Company's headquarters closer to the head offices of some of its key customers, and closer to several distribution centers in which Electrovaya's lithium ion batteries are currently in use.
TORONTO , Nov. 11, 2019 /CNW/ - Electrovaya Inc. ("Electrovaya" or the "Company") (EFL.TO) (EFLVF) today announced that it has closed an agreement with a Canadian financial institution for a secured Cdn $5.5 million credit facility. The facility will support fulfilment of Electrovaya's recently announced purchase orders. The Cdn $5.5 million purchase order facility is in addition to the previously announced bridge facility of Cdn $1.5 million from the same lender.
TORONTO , Sept. 26, 2019 /CNW/ - Electrovaya Inc. (EFL.TO) (EFLVF) today announced that it has signed a non-binding Term Sheet with a Canadian financial institution for a credit facility that will support Electrovaya's working capital needs related to its recently-announced Walmart purchase orders of more than C$7 million . Closing of the credit facility remains subject to a definitive loan agreement being entered into and the satisfaction of customary closing conditions, including required security and other arrangements being put in place. The facility is expected to be for up to C$5.5 million from the same lender as the previously announced C$1.5 million facility bringing the total available facilities to C$7 million to fund fulfilment of the over C$13 million of open orders in hand for MHEV, AGV, E-Bus and energy storage battery systems.
This week we saw the Electrovaya Inc. (TSE:EFL) share price climb by 24%. But the last three years have seen a...
TORONTO, Sept. 5, 2019 /PRNewswire/ - Electrovaya Inc. ("Electrovaya" or the "Company") (EFL.TO)(EFLVF) today announced that it has secured new purchase orders under a contract with Walmart Canada for its forklift battery systems. The retailer will convert all the forklifts at two of its distribution centres to Electrovaya's drop-in lithium ion battery systems.
TORONTO, Aug. 21, 2019 /PRNewswire/ - Electrovaya Inc. (EFL.TO) (EFLVF) today announced that it has closed an agreement with a Canadian financial institution for a credit facility and has drawn Cdn $1.4 million of the Cdn $1.5 million available under the facility. The facility will support fulfilment of Electrovaya's customer purchase orders and working capital needs. Commenting on the facility, Richard Halka, Electrovaya's EVP and CFO, stated, "the financial institution conducted an extremely thorough due diligence focusing on our recently announced purchase orders as well as a legal review of all assets, patents and liabilities.
OTCQX: EFLVF) is pleased to announce that it has received two new purchase orders totaling approximately C$1.1 million . The Company has received a ~C$0.45 million order for its Elivate line of battery systems for Materials Handling Electric Vehicles ("MHEVs") for an existing operator. The order was made under the Company's previously disclosed forklift sales agreement with a major OEM.
TORONTO, Aug. 12, 2019 /PRNewswire/ - Electrovaya Inc. (EFL.TO) (EFLVF) is pleased to announce the appointment of John Macdonald to its Board of Directors, effective immediately. Mr. Macdonald is a highly talented executive with more than three decades of management experience in the energy and telecom sectors. Mr. Macdonald was the first employee of Enercare Inc., which began operations in 2006.
Electrovaya Announces Date of Earnings Release and Conference Call to Discuss the Quarter Ended June 30, 2019 Financial Results
Every investor in Electrovaya Inc. (TSE:EFL) should be aware of the most powerful shareholder groups. Generally...
TORONTO , July 9, 2019 /CNW/ - Electrovaya Inc. (EFL.TO) (EFLVF) today announced certain advanced features have been added to its EV44 cell, including higher energy density and lower cobalt content. The cell, which has more than 44Ah of capacity and average output voltage of 3.7V, features improved temperature tolerance and cycle life. Electrovaya believes the EV44 cell has one of the industry's highest cycle lives for large format lithium ion pouch cells, as well as low parasitic reactions and excellent safety.
TORONTO, June 26, 2019 /PRNewswire/ - Electrovaya Inc. (EFL.TO) (EFLVF) today announced that it has entered into an agreement with a Canadian financial institution for a credit facility that will support Electrovaya's growing business and working capital needs related to its recently-announced purchase order backlog of more than C$4 million. The credit facility is expected to close once security arrangements and certain other requirements have been put in place. The facility may be increased subject to securing certain new purchase orders.
OTCQX: EFLVF) today announced that it has launched more than 25 different lithium ion ceramic battery models for the electric forklift market. This accelerated development was carried out over the last 20 months after the initial launch of just two battery models in 2017.
OTCQX: EFLVF) today announced the receipt of a purchase order for a 300kWh, 600V battery system to power an electric bus. The Electrovaya modular battery system is expected to provide the 40-foot bus a range of more than 200 kilometres and will be capable of fast charging. Electrovaya's lithium ion battery is known for its superior cycle life, safety, energy and power attributes, all of which are important in electric buses.