Do Market Participants Need to Pay More Attention to Aqua Metals Inc. (AQMS)?

Aqua Metals, Inc. (NASDAQ: AQMS) shares are surging today in the morning as it posted up 19.29% to $7.05. The stock’s year-to-date performance stands at 96.67%. However, its seven-day performance stands at 58.60%. During the past month, the stock’s price index has increased by 136.00%, and it has gained 496.02% over the past three months. Its six-month performance netted 426.79% and even higher, at 666.41%, over its 52-week period.

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Aqua Metals, Inc. (NASDAQ: AQMS) announced it has entered into a partnership with BASF to extend its electrolyte supply, cooperate commercially and explore extra technical improvements to enhance AquaRefining performance.

BASF will supply Aqua Metals’ electrolytes’ first supply to all new licensees and will be Aqua Metals’ preferred supplier for future electrolyte needs. During the AquaRefining process, the essential chemical compound is the specially formulated electrolyte. These two companies have agreed to bring their business activities together to provide their customers a unique experience. AquaRefining is to be offered by BASF to its current and potential battery recycling clients, along with the Aqua Metals product in every initial deployment and system fill. Aqua Metals and BASF are also exploring technical improvements in electrolytes formulations to further improve AquaRefining’s efficiency and equipment longevity.

Furthermore, it was announced that, On January 27, 2021, Aqua Metals would be hosting a webcast at 2:00 p.m. (11:00 a.m. PST). An overview of the recent announcement will be presented by Company management on the day. The following link will allow you to access the webcast or ask questions during the live event: https://event.webcasts.com/starthere.jsp?ei=1418041&tp_key=15848c88f4.

A recording of the webcast and presentation will be available after the event in our investor relations section (https://ir.aquametals.com/ir-calendar).

Finally…

Analysts at Wall Street are for sure keeping an eye on clients’ recommendations regarding Aqua Metals Inc. Based on the current reviews, analysts have recommended AQMS as a Buy for their clients. On a scale of 1 to 5, the brokerage firm currently has an average recommendation of 2 for the stock. An index value lower than two is referred to as Buy, whereas a deal between two and three suggests Hold, and a value above three implies Selling. At the moment, 1 Wall Street analyst is recommending the stock as a Buy.

 

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