Aqua Metals (AQMS)
NASDAQ:AQMS
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AQMS Stock Chart & Stats
$5.81
-$0.17(-6.25%)
At close: 4:00 PM EST
$5.81
-$0.17(-6.25%)
Day’s Range― - ―
52-Week Range$3.37 - $39.40
Previous CloseN/A
Volume42.50K
Average Volume (3M)4.34M
Market Cap
$14.44M
Enterprise Value$4.52M
Total Cash (Recent Filing)$10.81M
Total Debt (Recent Filing)$592.00K
Price to Earnings (P/E)―
Beta1.68
Next Earnings
Apr 23, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.48
Shares Outstanding3,350,604
10 Day Avg. Volume7,943,334
30 Day Avg. Volume4,340,116
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.49
Price to Sales (P/S)0.00
P/FCF Ratio-0.67
Enterprise Value/Market Cap0.31
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.88
Enterprise Value/Ebitda-0.22
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-24
Revenue Forecast (FY)$7.80M
Bulls Say, Bears Say
Bulls Say
Pilot‑scale Technical ValidationDemonstrated pilot‑scale recovery and third‑party validation of battery‑grade lithium carbonate is a durable technical milestone. It reduces technical adoption risk, supports future offtake negotiations, and evidences the core process can scale beyond bench trials—key for long‑term commercial credibility.
Strategic Partnerships And Offtake DiscussionsA network of supply agreements, LOIs and MOUs diversifies potential feedstock sources and opens multiple end markets (battery makers, seafloor/mined inputs). These ties help reduce single‑point execution risk and increase chances of securing contracted volumes needed for project financing and facility sizing.
Improved Balance Sheet & Lower LeverageA completed $20M capital raise and retirement of long‑term debt materially improve financial flexibility versus earlier periods. Lower leverage and a modest cash runway reduce immediate solvency risk and allow management to fund engineering and permitting, supporting measured commercial progress.
Bears Say
Pre‑revenue With Persistent LossesThe company remains pre‑revenue with sustained, large operating losses and negative cash flow. This structural lack of recurring income means continued reliance on external capital to reach breakeven, creating dilution risk and making long‑term viability contingent on turning pilot success into profitable commercial throughput.
Execution Depends On Contracts & FinancingA 'build‑only‑when‑ready' model reduces reckless expansion but creates execution vulnerability: commercialization timing and economics hinge on securing long‑term supply and offtake contracts plus project finance. Delays or weak terms can defer revenue generation and increase unit economics uncertainty for capital intensive plants.
Limited Liquidity & Nonroutine ImpairmentsModest year‑end liquidity and large noncash impairments weaken financial resilience. Ongoing cash burn and the capital intensity of scaling plants mean additional funding will likely be required; impairment trends also signal prior investments may not yield expected returns, pressuring investor confidence and capital access.
Aqua Metals News
AQMS FAQ
What was Aqua Metals’s price range in the past 12 months?
Aqua Metals lowest stock price was $3.37 and its highest was $39.40 in the past 12 months.
What is Aqua Metals’s market cap?
Aqua Metals’s market cap is $14.44M.
When is Aqua Metals’s upcoming earnings report date?
Aqua Metals’s upcoming earnings report date is Apr 23, 2026 which is in 5 days.
How were Aqua Metals’s earnings last quarter?
Aqua Metals released its earnings results on Mar 31, 2026. The company reported -$1.48 earnings per share for the quarter, missing the consensus estimate of N/A by -$1.48.
Is Aqua Metals overvalued?
According to Wall Street analysts Aqua Metals’s price is currently Overvalued.
Does Aqua Metals pay dividends?
Aqua Metals does not currently pay dividends.
What is Aqua Metals’s EPS estimate?
Aqua Metals’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Aqua Metals have?
Aqua Metals has 3,350,604 shares outstanding.
What happened to Aqua Metals’s price movement after its last earnings report?
Aqua Metals reported an EPS of -$1.48 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.841%.
Which hedge fund is a major shareholder of Aqua Metals?
Currently, no hedge funds are holding shares in AQMS
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Aqua Metals
Aqua Metals, Inc. engages in the recycling of lead primarily in the United States. It produces and sells hard lead, lead compounds, and plastics. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.
AQMS Company Deck
AQMS Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized substantive technical and commercial progress — including pilot-scale LFP recycling, high-quality lithium carbonate (<30 ppm fluorine), strategic partnerships, patent allowance and a $20M capital raise — and demonstrated improvements in cash burn and net loss versus prior year. However, notable risks remain: the company is still pre-revenue, reported large noncash impairments, holds limited year-end cash ($10.8M), and execution depends on securing feedstock, offtake and project financing as well as the outcome of the Lion Energy transaction. On balance, the positive operational milestones, partnerships and balance sheet improvements outweigh the near-term financial and execution risks.View all AQMS earnings summariesTechnical Analysis
Ownership Overview
21.48% Insiders
1.21% Mutual Funds
0.90% Other Institutional Investors
75.49% Public Companies and
Individual Investors