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Aqua Metals, Inc.NasdaqCM:AQMS Rapport sur les actions

Capitalisation boursière US$13.1m
Prix de l'action
US$3.93
US$12
67.3% sous-évalué décote intrinsèque
1Y-56.9%
7D-21.6%
Valeur du portefeuille
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Aqua Metals, Inc.

NasdaqCM:AQMS Rapport sur les actions

Capitalisation boursière : US$13.1m

Aqua Metals (AQMS) Aperçu de l'action

Aqua Metals, Inc. développe des technologies de recyclage et d'affinage pour la récupération de minéraux et de métaux critiques aux États-Unis. Plus de détails

AQMS analyse fondamentale
Score flocon de neige
Évaluation2/6
Croissance future0/6
Performances passées0/6
Santé financière4/6
Dividendes0/6

Analyse des risques

Les actionnaires ont été considérablement dilués au cours de l'année écoulée

Réalise moins d'un million de dollars de revenus ( $0 )

A moins d'un an de piste de trésorerie

Les revenus ont diminué de 2.7% par an au cours des 5 dernières années

+ 1 plus de risques

AQMS Community Fair Values

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Aqua Metals, Inc. Concurrents

Historique des prix et performances

Résumé des hausses, des baisses et des variations du cours de l'action pour la période du 1er janvier au 31 décembre 2009 Aqua Metals
Historique des cours de bourse
Prix actuel de l'actionUS$3.93
Plus haut sur 52 semainesUS$39.40
Plus bas sur 52 semainesUS$3.37
Bêta0.30
Variation sur 1 mois-13.44%
Variation sur 3 mois-17.44%
Variation sur 1 an-56.92%
Variation sur 3 ans-98.15%
Variation sur 5 ans-99.23%
Évolution depuis l'introduction en bourse-99.63%

Nouvelles et mises à jour récentes

Recent updates

Article d’analyse • Nov 05

Aqua Metals, Inc. (NASDAQ:AQMS) Shares Could Be 36% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Aqua Metals fair value estimate is US$3.90 Aqua Metals...
Article d’analyse • Dec 06

Is Aqua Metals (NASDAQ:AQMS) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Article d’analyse • Jun 30

Aqua Metals (NASDAQ:AQMS) Is Carrying A Fair Bit Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Article d’analyse • Feb 28

Is Aqua Metals (NASDAQ:AQMS) Using Debt In A Risky Way?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha • Sep 01

Aqua Metals enters into $6M interim loan agreement

Aqua Metals (NASDAQ:AQMS) signs a non-binding agreement with Alpen Mortgage, for a $6M loan secured by the company’s AquaRefinery building. The loan is expected to close and fund in late September, is expected to provide a non-dilutive path to expand the company’s cash position and ensure sufficient resources to reach revenue generation. “This transaction is expected to provide additional liquidity, giving us a clear pathway and sufficient resources to advance our economically and environmentally superior lithium-ion battery recycling process from our successful bench scale operations program to our pilot scale plant and ultimately revenue generation beginning later this year.” commented Steve Cotton, President and Chief Executive Officer of Aqua Metals.
Article d’analyse • Jul 22

We're Keeping An Eye On Aqua Metals' (NASDAQ:AQMS) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Seeking Alpha • Jul 21

Aqua Metals and Dragonfly sign LOI for supplying lithium hydroxide

Aqua Metals (NASDAQ:AQMS) entered into a non-binding letter of intent for supplying lithium hydroxide to Dragonfly. Under the agreement, Dragonfly would purchase commercial quantities of lithium hydroxide from Aqua Metals to support the company's ongoing development of its solid state lithium-ion battery technologies and future manufacturing activities, as well as providing recycling services. The company expects to commence production of its solid-state pilot line in 2023, with a supply of lithium hydroxide from Aqua Metals to commence at the time of full-scale manufacturing.
Seeking Alpha • Jun 29

Aqua Metals: History Rhymes And I'm Bearish

Aqua Metals is pivoting to lithium-ion battery energy recycling using its AquaRefining technology. However, this technology didn’t live up to expectations when the company used it for lead recycling. In addition, Aqua Metals and its partner LiNiCo have no significant feedstock supply partners or funding. I don't think the business of Aqua Metals is worth much in its current state, and the short borrow fee rate is below 5%. Introduction I've covered two lithium-ion battery recycling companies on SA so far - Li-Cycle Holdings (LICY) here, and American Battery Technology Company (OTCQB:ABML) here. Today, I want to talk about a company from this sector in which I was an investor briefly back in 2016 - Aqua Metals (AQMS). I think that its lead-acid battery was a failure, and I doubt that the pivot to lithium-ion batteries is going to work. The company doesn't have the funds nor the partnerships to compete with industry leaders like Li-Cycle and Redwood Materials. I'm bearish but it could be dangerous to open a Short position as the share prices of microcaps sometimes increase for spurious and unknown reasons. Let's review. Overview of the business and financials To explain why I think Aqua Metals doesn't have a bright future, I have to go back to the beginning and how its lead recycling business failed. The company was founded in 2014, and it has developed a closed-loop, water-based process for the recycling of lead-acid batteries called AquaRefining. It was touted as the first commercially viable alternative lead-acid battery recycling technology and won the Rising Star category in the 2016 Platts Global Metals Awards program. In 2015, Aqua Metals raised $30 million in an IPO on NASDAQ, and it started building its first facility which would have a production capacity of 80/t per day Aqua Metals The projected financials looked great as the initial CAPEX was just $28.5 million and the project was expected to start generating annual EBIT of almost $15 million by its fourth year. The reason these figures looked so good was because the process was supposed to be less energy-intensive than smelting and half of the produced lead would be ultrapure, which sells for a premium of about 15%. Aqua Metals Aqua Metals was thinking big, and it had already picked 8 potential AquaRefinery sites in the USA alone at the time of its listing. The lead market is worth over $20 billion and the company was aiming to revolutionize it. Aqua Metals However, it just didn't work out. There were technical issues, including recovered lead hanging up on the exit chutes of the modules, and the company was already talking about a retro-fit in December 2017. And this took time as 24/7 production on more than 1 module was achieved in April 2019. However, the financial performance of the recycling facility was nowhere near the initial forecasts, and Aqua Metals had quarterly revenues of just over $2 million by the time the plant burned down. Aqua Metals Yes, you read that right - the plant burned down in December 2019 and Aqua Metals didn't put it back into production. At least, it collected $30.25 million in insurance payments. So, what did the company do after that? Well, it decided to pursue a strategy of licensing its AquaRefining technology, but it didn't manage to find buyers. In light of the issues experienced by Aqua Metals itself, I find this unsurprising. Yet, this doesn't stop the company from saying in its latest corporate presentation that it's leading a revolution in lead recycling. And now, it also has lithium-ion batteries in the mix. In February 2021, Aqua Metals bought a 10% stake in a company named LiNiCo for $2 million in shares and said that it planned to apply its intellectual property to lithium-ion battery recycling. LiNiCo is a small company that claims to have developed recycling technology based on a co-precipitation process and control system which can produce 99.9% pure battery cathode. The remaining 90% of the company is owned by Comstock Mining (LODE), which has a market valuation of less than $50 million as of the time of writing. Aqua Metals has leased its own facility to LiNiCo and the latter plans to have a feedstock crushing capacity of over 35,000 tons by the second half of 2022. Here are some of the issues though. First, the companies plan to source the necessary lithium-ion feedstock from battery manufacturing scrap, but there are no announced suppliers. For comparison, Li-Cycle has already secured over 40 commercial contracts and off-take agreements through 2030. Second, LiNiCo plans to produce black mass which Aqua Metals will then process into e high purity metals including nickel and cobalt using the same technology which didn't work for lead recycling. Third, I don't think LiNiCo or Aqua Metals have the funding to pull it off. You see, Aqua Metals and Comstock paid for their stakes in LiNiCo using shares, and it's unclear how much money the latter has left. Aqua Metals, in turn, had just $9 million in cash left as of March 2022 as most of that insurance money is now gone. At the moment, the company has a quarterly loss of just over $4 million. Aqua Metals In my view, the future of Aqua Metals includes more of what we've seen over the past several years - underdelivering and stock dilution. Overall, I think that the business is close to worthless in its current form. So, how do you play this? Well, data from Fintel shows that the short borrow fee rate is 4.68% as of the time of writing, so short selling is a viable option. I think that it's a good idea to hedge the risk with some call options, but unfortunately, the lowest available strike price here is $2.50. Seeking Alpha This is an issue because the share prices of microcaps can soar without any news or catalysts and this can lead to significant losses for short sellers. Aqua Metals itself is a good example of this as its share price sextupled between November 2020 and February 2021.
Seeking Alpha • Feb 16

Aqua Metals, Down 82%, Still Don't Quite Buy The Story

A year back, I looked at Aqua Metals and said that I just didn't quite buy the story. The stock is down 82% since then which might show the value of skeptical analysis. I'm still skeptical, I can't see anything here to make me change my mind.
Article d’analyse • Feb 01

Companies Like Aqua Metals (NASDAQ:AQMS) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Article d’analyse • Oct 15

Aqua Metals (NASDAQ:AQMS) Is In A Good Position To Deliver On Growth Plans

Just because a business does not make any money, does not mean that the stock will go down. By way of example, Aqua...
Seeking Alpha • Aug 22

Aqua Metals, Inc. - Nibble The Stock For A Covered Call Sale And Monitor For Trading

I illustrate my purchase of 100 shares of Aqua Metals, followed by the sale of a covered call. This represents a very low-risk investment with a very favorable return. I like the fundamentals, analyst price targets, and the most recent press release. I may purchase additional shares for a long-term buy-and-hold and/or to sell additional covered calls options. Note, also, that the stock price-per-share reacts slowly to favorable press releases, providing an opportunity for day-trading.
Article d’analyse • Jul 02

We're Not Very Worried About Aqua Metals' (NASDAQ:AQMS) Cash Burn Rate

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, Aqua Metals...
Article d’analyse • May 03

Analysts Expect Breakeven For Aqua Metals, Inc. (NASDAQ:AQMS) Before Long

With the business potentially at an important milestone, we thought we'd take a closer look at Aqua Metals, Inc.'s...

Rendement pour les actionnaires

AQMSUS Commercial ServicesUS Marché
7D-21.6%2.3%-0.3%
1Y-56.9%-15.7%26.7%

Rendement vs Industrie: AQMS a sous-performé le secteur US Commercial Services qui a rapporté -15.7 % au cours de l'année écoulée.

Rendement vs marché: AQMS a sous-performé le marché US qui a rapporté 26.7 % au cours de l'année écoulée.

Volatilité des prix

Is AQMS's price volatile compared to industry and market?
AQMS volatility
AQMS Average Weekly Movement10.3%
Commercial Services Industry Average Movement7.5%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Cours de l'action stable: AQMS n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.

Volatilité au fil du temps: La volatilité hebdomadaire de AQMS a diminué de 36% à 10% au cours de l'année écoulée.

À propos de l'entreprise

FondéeSalariésPDGSite web
201411Steve Cottonwww.aquametals.com

Aqua Metals, Inc. développe des technologies de recyclage et d'affinage pour la récupération de minéraux et de métaux critiques aux États-Unis. Elle développe le procédé AquaRefining, une méthode électro-hydrométallurgique conçue pour récupérer des matériaux de haute pureté à partir de batteries et d'autres matières premières contenant des métaux, en utilisant un système en boucle fermée. L'entreprise dessert les marchés des métaux et des batteries au lithium.

Aqua Metals, Inc. Résumé des fondamentaux

Comment les bénéfices et les revenus de Aqua Metals se comparent-ils à sa capitalisation boursière ?
AQMS statistiques fondamentales
Capitalisation boursièreUS$13.10m
Bénéfices(TTM)-US$18.28m
Recettes(TTM)n/a
0.0x
Ratio P/S
-0.7x
Ratio P/E

Le site AQMS est-il surévalué ?

Voir Juste valeur et analyse de l'évaluation

Bénéfices et recettes

Principales statistiques de rentabilité tirées du dernier rapport sur les bénéfices (TTM)
AQMS compte de résultat (TTM)
RecettesUS$0
Coût des recettesUS$2.18m
Marge brute-US$2.18m
Autres dépensesUS$16.10m
Les revenus-US$18.28m

Derniers bénéfices déclarés

Mar 31, 2026

Prochaine date de publication des résultats

s/o

Résultat par action (EPS)-5.46
Marge brute0.00%
Marge bénéficiaire nette0.00%
Ratio dettes/capitaux propres0%

Quelles ont été les performances à long terme de AQMS?

Voir les performances historiques et les comparaisons

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/20 16:43
Cours de l'action en fin de journée2026/05/20 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Aqua Metals, Inc. est couverte par 4 analystes. 0 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Michael LeggBenchmark Company
Jeffrey GramppNorthland Capital Markets
Pierre MaccagnoNorthland Capital Markets