Loading...
AQMS logo

Aqua Metals, Inc.NasdaqCM:AQMS Voorraadrapport

Marktkapitalisatie US$13.2m
Prijs aandeel
US$3.97
US$12
66.9% ondergewaardeerd intrinsieke korting
1Y-57.3%
7D-14.1%
1D
Portefeuillewaarde
​
Bekijk

Aqua Metals, Inc.

NasdaqCM:AQMS Voorraadrapport

Marktkapitalisatie: US$13.2m

Aqua Metals (AQMS) Aandelenoverzicht

Aqua Metals, Inc. ontwikkelt recycling- en raffinagetechnologieën voor het terugwinnen van kritieke mineralen en metalen in de Verenigde Staten. Meer informatie

Risicoanalyse

Aandeelhouders zijn het afgelopen jaar substantieel verwaterd

Heeft een omzet van minder dan 1 miljoen USD ( $0 )

Heeft minder dan 1 jaar cash runway

De winst is de afgelopen 5 jaar met 2.7% per jaar gedaald

+ 1 meer risico

AQMS Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

View all narratives

Aqua Metals, Inc. Concurrenten

Prijsgeschiedenis en prestaties

Overzicht van hoogtepunten, dieptepunten en veranderingen in de aandelenkoersen voor Aqua Metals
Historische aandelenkoersen
Huidige aandelenkoersUS$3.97
52 Week HoogtepuntUS$39.40
52 Week LaagUS$3.37
Bèta0.30
1 maand verandering-9.57%
3 maanden verandering-17.12%
1 Jaar Verandering-57.28%
3 jaar verandering-98.02%
5 jaar verandering-99.35%
Verandering sinds IPO-99.63%

Recent nieuws en updates

Recent updates

Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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...
Analyseartikel • 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.
Analyseartikel • 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.
Analyseartikel • 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...
Analyseartikel • 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.
Analyseartikel • 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...
Analyseartikel • 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 voor aandeelhouders

AQMSUS Commercial ServicesUS Markt
7D-14.1%0.8%-0.8%
1Y-57.3%-15.8%27.1%

Rendement versus industrie: AQMS presteerde slechter dan de US Commercial Services -sector, die het afgelopen jaar een rendement van -15.7 % opleverde.

Rendement versus markt: AQMS presteerde slechter dan US Market, dat het afgelopen jaar een rendement van 26.7 % opleverde.

Prijsvolatiliteit

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

Stabiele aandelenkoers: AQMS heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.

Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit van AQMS is het afgelopen jaar gedaald van 36% naar 10%.

Over het bedrijf

OpgerichtWerknemersCEOWebsite
201411Steve Cottonwww.aquametals.com

Aqua Metals, Inc. ontwikkelt recycling- en raffinagetechnologieën voor het terugwinnen van kritieke mineralen en metalen in de Verenigde Staten. Het bedrijf houdt zich bezig met de ontwikkeling van het AquaRefining-proces, een elektrohydrometallurgische methode die is ontworpen om hoogzuivere materialen terug te winnen uit batterijen en andere metaalhoudende grondstoffen via een gesloten kringloopsysteem. Het bedrijf bedient de markten voor metalen en lithiumbatterijen.

Aqua Metals, Inc. Samenvatting

Hoe verhouden de winst en inkomsten van Aqua Metals zich tot de beurswaarde?
AQMS fundamentele statistieken
MarktkapitalisatieUS$13.17m
Inkomsten(TTM)-US$18.28m
Inkomsten(TTM)n/a
0.0x
P/S-verhouding
-0.7x
Koers/Winstverhouding

Is AQMS overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
AQMS resultatenrekening (TTM)
InkomstenUS$0
Kosten van inkomstenUS$2.18m
Brutowinst-US$2.18m
Overige uitgavenUS$16.10m
Inkomsten-US$18.28m

Laatst gerapporteerde inkomsten

Mar 31, 2026

Volgende inkomensdatum

n.v.t.

Winst per aandeel (EPS)-5.46
Brutomarge0.00%
Nettowinstmarge0.00%
Schuld/Eigen Vermogen Verhouding0%

Hoe presteerde AQMS op de lange termijn?

Bekijk historische prestaties en vergelijking

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/05/21 00:55
Aandelenkoers aan het einde van de dag2026/05/21 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysemodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina. We hebben ook handleidingen over hoe je onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Aqua Metals, Inc. wordt gevolgd door 4 analisten. 0 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

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