American Battery Technology CoABAT
ABAT
About: American Battery Technology Co is engaged in lithium-ion battery recycling, battery metals and material extraction, and resource production. It is a battery metals company producing low-cost battery metals with a commitment to closed-loop, clean energy technologies.
Employees: 98
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $7.11M [Q2] → $7.77M (+$667K) [Q3]
9% more funds holding
Funds holding: 55 [Q2] → 60 (+5) [Q3]
1.65% less ownership
Funds ownership: 9.25% [Q2] → 7.59% (-1.65%) [Q3]
52% less call options, than puts
Call options by funds: $32K | Put options by funds: $66K
Research analyst outlook
We haven’t received any recent analyst ratings for ABAT.
Financial journalist opinion
Based on 4 articles about ABAT published over the past 30 days
Positive
MarketBeat
6 days ago
3 Stocks to Benefit From China's Rare Earth Export Ban on U.S.
In a tit-for-tat retaliation for President Biden's export controls on 24 types of chip manufacturing equipment, high bandwidth memory, and chip software tools, China banned certain rare earth mineral exports to the United States on Dec. 3, 2024. The ban includes critical rare earth elements such as germanium, gallium, antimony, and superhard materials, with a stricter review of graphite in the interest of national security.
Positive
Seeking Alpha
3 weeks ago
Undercovered Dozen: OppFi, PowerFleet, Eletrobras, American Battery +
The 'Undercovered' Dozen series highlights lesser-known stocks with potential. Today's edition features companies like American Battery Technology, Quantum Corporation, and NervGen Pharma Corp. American Battery Technology is seen as positioned for growth in the battery materials market, bolstered by a $144m DOE grant and strategic partnerships. Quantum Corporation may offer significant upside due to its data management solutions aiding GenAI firms, with deferred revenue boosting free cash flow.
Neutral
GlobeNewsWire
3 weeks ago
$10M Registered Direct Offering Priced At-The-Market Under Nasdaq Rules
Reno, Nev., Dec. 26, 2024 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, today announced it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 3,773,586 shares of its common stock and warrants to purchase up to an aggregate of 3,773,586 shares of common stock in a registered direct offering. The last closing market price was $2.60 per share and this intraday transaction had at a combined offering price of $2.65 per share and accompanying warrant, priced “at-the-market” under Nasdaq rules. The warrants have an exercise price of $2.80 per share, and will be exercisable immediately from the date of issuance and will expire five years from the initial exercise date.
Positive
Seeking Alpha
3 weeks ago
American Battery Technology Company: Give Your Portfolio A Boost
American Battery Technology has been a poor investment historically, but recent developments, including a $144m DOE grant and a $5m capital raise, have boosted market sentiment. The company is strategically positioned in the high-demand battery materials market, with significant growth potential and critical US Government support. American Battery's partnership with BASF and upcoming projects, like the Tonopah Nevada lithium deposit and a Lithium Hydroxide refinery, enhance its long-term prospects.
Neutral
GlobeNewsWire
1 month ago
American Battery Technology Company Announces Pricing of $5M Registered Direct Offering
Reno, Nev., Dec. 20, 2024 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, today announced it has entered into a securities purchase agreements with two follow-on institutional investors for the purchase and sale of 5,000,000 shares of its common stock and warrants to purchase up to an aggregate of 5,000,000 shares of common stock in a registered direct offering at a combined offering price of $1.00 per share and accompanying warrant. The warrants have an exercise price of $1.10 per share, will be exercisable immediately from the date of issuance and will expire five years from the initial exercise date.
Neutral
GlobeNewsWire
1 month ago
American Battery Technology Company Awarded $144 Million Grant Contract from U.S. Department of Energy for Construction of Second Lithium-Ion Battery Recycling Facility
Reno, Nev., Dec. 18, 2024 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has received a contracted grant award for $144 million of federal investment by the U.S. Department of Energy (DOE), with these funds awarded to the American Battery Technology Company (ABTC) and its subcontractor Argonne National Laboratory, to support the construction of a new lithium-ion battery recycling facility.
Neutral
GlobeNewsWire
1 month ago
American Battery Technology Company Joins U.S. Department of Energy and Industry Partners to Develop Future Battery and EV Workforce
American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, is pleased to announce its entrance into the U.S. Department of Energy's Battery Workforce Challenge, and the launch of an ABTC developed new ‘Design for Recyclability' category for this three-year collegiate and vocational engineering competition.
Neutral
GlobeNewsWire
2 months ago
American Battery Technology Company Releases First Quarter Fiscal Year 2025 Financial Report
Announces agreement to enter into additional zero coupon convertible note to unlock capital to advance core business projects Announces agreement to enter into additional zero coupon convertible note to unlock capital to advance core business projects
Neutral
PRNewsWire
3 months ago
American Battery Technology Company Releases Fiscal Year 2024 Financial Results
Achieves major milestone by generating first revenue from recycled lithium-ion battery products sold to domestic battery manufacturing supply chain RENO, Nev. , Sept. 24, 2024 /PRNewswire/ -- American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced its fiscal year (FY) 2024 financial results for the 12 months ended June 30, 2024.
Neutral
PRNewsWire
3 months ago
American Battery Technology Company Selected for Highly Competitive $150 Million Federal Grant to be Applied Towards the Construction of its Second Lithium-Ion Battery Recycling Facility
Company expanding critical commercial operations of next-generation lithium-ion battery recycling technologies to expand North American closed-loop battery metals supply chain supporting America's transition to electrification RENO, Nev. , Sept. 23, 2024 /PRNewswire/ -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, has been selected for a highly competitive grant for $150 million dollars of federal investment by the U.S. Department of Energy to be applied towards the construction of a new lithium-ion battery recycling facility.
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