Aqua MetalsAQMS
Market Cap: $23M
About: Aqua Metals Inc is engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.
Employees: 53
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3.46% less ownership
Funds ownership: 19.81% [Q1] → 16.36% (-3.46%) [Q2]
6% less funds holding
Funds holding: 65 [Q1] → 61 (-4) [Q2]
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
48% less capital invested
Capital invested by funds: $11.5M [Q1] → $5.93M (-$5.58M) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
HC Wainwright & Co. Amit Dayal 25% 1-year accuracy 23 / 93 met price target | 886%upside $2 | Buy Maintained | 6 Aug 2024 |
Benchmark Michael Legg 32% 1-year accuracy 14 / 44 met price target | 393%upside $1 | Speculative Buy Maintained | 6 Aug 2024 |
Financial journalist opinion
Based on 3 articles about AQMS published over the past 30 days