Aqua MetalsAQMS
Market Cap: 36M
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 Q1 SEC filings by fund managers ($100M+ AUM)
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
1.47% more ownership
Funds ownership: 18.26% [Q4 2023] → 19.74% (+1.47%) [Q1 2024]
0% more call options, than puts
Call options by funds: $1K | Put options by funds: $1K
14% less funds holding
Funds holding: 72 [Q4 2023] → 62 (-10) [Q1 2024]
23% less capital invested
Capital invested by funds: $15M [Q4 2023] → $11.5M (-$3.5M) [Q1 2024]
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
HC Wainwright & Co. Amit Dayal | 1,158%upside $4 | Buy Reiterated | 16 May 2024 |
Benchmark Michael Legg | 529%upside $2 | Buy Reiterated | 16 May 2024 |
Benchmark Michael Legg | 529%upside $2 | Speculative Buy Reiterated | 28 Mar 2024 |
HC Wainwright & Co. Amit Dayal | 1,158%upside $4 | Buy Reiterated | 28 Mar 2024 |
Benchmark Michael Legg | 529%upside $2 | Speculative Buy Initiated | 15 Mar 2024 |