Notable Reporting: Time to Buy Aqua Metals Inc After Today’s Significant Increase?

Notable Reporting: Time to Buy Aqua Metals Inc After Today's Significant Increase?

The stock of Aqua Metals Inc (NASDAQ:AQMS) is a huge mover today! The stock increased 8.86% or $1.08 on November 23, hitting $13.27. About 570,818 shares traded hands or 242.68% up from the average. Aqua Metals Inc (NASDAQ:AQMS) has risen 65.88% since April 22, 2016 and is uptrending. It has outperformed by 60.47% the S&P500.
The move comes after 8 months positive chart setup for the $224.61M company. It was reported on Nov, 24 by Barchart.com. We have $14.46 PT which if reached, will make NASDAQ:AQMS worth $20.21 million more.

Analysts await Aqua Metals Inc (NASDAQ:AQMS) to report earnings on March, 27. After $-0.23 actual EPS reported by Aqua Metals Inc for the previous quarter, Wall Street now forecasts -8.70% EPS growth.

According to Zacks Investment Research, “Aqua Metals, Inc. is involved in the business of recycling lead through a process called AquaRefining(TM). Its AquaRefining process elements consists of non-toxic solvent that dissolves lead compounds and an electro-chemical process and electrolyze that converts the dissolved lead compounds into pure, primary grade lead. The Company’s AquaRefining process generates outputs consists of primary lead ingots; lead acid batteries grade lead alloy ingots; cleaned plastic chips, recovered from battery casings and sulphuric acid. Aqua Metals, Inc. is based in Oakland, California.”

More recent Aqua Metals Inc (NASDAQ:AQMS) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on June 17, 2015. Also Quotes.Wsj.com published the news titled: “News Aqua Metals Inc.AQMS” on July 25, 2015. Globenewswire.com‘s news article titled: “Aqua Metals Breaks Ground for New AquaRefinery Facility in Nevada” with publication date: August 24, 2015 was also an interesting one.

AQMS Company Profile

Aqua Metals, Inc., incorporated on June 20, 2014, is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. AquaRefining process intends to provide for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining is a water ambient temperature process. The modular nature of AquaRefining makes it possible to start LAB recycling at a much smaller scale than is possible with smelters. The Company’s AquaRefining process begins with the crushing of used LABs and the separation of the metallic lead, active material (lead compounds), sulfuric acid and plastic for recycling. The active material is dissolved in its solvent. The primary lead is then stripped from the solvent using its automated process allowing the solvent to be reused continuously and indefinitely. The Company’s AquaRefining process generates over three outputs, such as lead; cleaned plastic chips, recovered from battery casings, and sulfuric acid, which is recovered as part of its AquaRefining process.

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