Notable Mover: Time to Buy Aqua Metals Inc After Today’s Huge Decline?

Notable Mover: Time to Buy Aqua Metals Inc After Today's Huge Decline?

The stock of Aqua Metals Inc (NASDAQ:AQMS) is a huge mover today! The stock decreased 1.39% or $0.13 during the last trading session, hitting $9.21. About 243,106 shares traded hands or 151.08% up from the average. Aqua Metals Inc (NASDAQ:AQMS) has risen 58.31% since March 2, 2016 and is uptrending. It has outperformed by 50.05% the S&P500.
The move comes after 6 months negative chart setup for the $143.29M company. It was reported on Oct, 6 by Barchart.com. We have $8.10 PT which if reached, will make NASDAQ:AQMS worth $17.19 million less.

Analysts await Aqua Metals Inc (NASDAQ:AQMS) to report earnings on November, 8. They expect $-0.18 EPS, up 5.26% or $0.01 from last year’s $-0.19 per share. After $-0.20 actual EPS reported by Aqua Metals Inc for the previous quarter, Wall Street now forecasts -10.00% 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 notable 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 with their article: “News Aqua Metals Inc.AQMS” published on July 25, 2015, Globenewswire.com published: “Interstate Batteries and Aqua Metals Form Strategic Partnership” on May 19, 2016. More interesting news about Aqua Metals Inc (NASDAQ:AQMS) were released by: Globenewswire.com and their article: “Aqua Metals Breaks Ground for New AquaRefinery Facility in Nevada” published on August 24, 2015 as well as Globenewswire.com‘s news article titled: “Aqua Metals Receives Estimated $3.6 Million in Nevada Tax Incentives” with publication date: September 22, 2016.

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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