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AQMS Overview

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Intellectia

Loading chart...

High
2.990
Open
2.840
VWAP
2.91
Vol
24.91K
Mkt Cap
9.77M
Low
2.840
Amount
72.54K
EV/EBITDA(TTM)
--
Total Shares
3.36M
EV
3.08M
EV/OCF(TTM)
--
P/S(TTM)
--
Aqua Metals, Inc. is engaged in metals recycling with its AquaRefining technology. It is focused on commercializing sustainable lithium-ion battery recycling that is non-polluting and closes the loop on critical minerals for clean energy technologies. It is focused on building and operating its lithium battery recycling facility, utilizing electricity to recycle instead of intensive chemical processes, fossil fuels, or high-temperature furnaces. Its flagship lithium battery recycling campus - the Sierra ARC (AquaRefining Campus) is a sustainable lithium battery recycling center in North America and commercial-scale deployment of its Li AquaRefining technology. Its process allows for recovery and conversion into high-purity nickel carbonate. It provides equipment and licensing of its lead acid battery recycling technologies in an enabler model. Its process produces high purity metals and alloys that can be returned into the battery manufacturing supply chain or sold into metals markets.
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Events Timeline

(ET)
2026-06-11
08:31:00
Aqua Metals Selected as Industrial Partner for DOE Battery Recycling Program
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2026-04-08 (ET)
2026-04-08
08:10:00
Lion Energy Forms Strategic Partnership with American Battery Factory
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2026-02-11 (ET)
2026-02-11
09:10:00
Aqua Metals to Acquire Lion Energy
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2026-02-03 (ET)
2026-02-03
08:10:00
Aqua Metals and American Battery Factory Announce Strategic Collaboration
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2026-01-21 (ET)
2026-01-21
08:10:00
Aqua Metals Signs Multi-Year Material Supply Agreement with 6K Energy
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2025-11-10 (ET)
2025-11-10
08:25:51
Aqua Metals Enters Letter of Intent with Westwin Elements
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2025-11-03 (ET)
2025-11-03
08:10:03
Aqua Metals Signs Memorandum of Understanding with MOBY Robotics
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2025-10-20 (ET)
2025-10-20
08:18:25
Aqua Metals completes $13 million fundraising round
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News

Newsfilter
7.5
06-11Newsfilter
Aqua Metals Selected for DOE-Funded Battery Recycling Project
  • Strategic Partnership: Aqua Metals has been selected as the industrial partner for a U.S. Department of Energy-funded research program aimed at advancing next-generation battery recycling technologies, evaluating electrochemical alternatives to traditional solvent extraction for nickel and cobalt separation, thereby enhancing the economic competitiveness of domestic critical minerals refining technologies.
  • Technology Platform Advantage: The project highlights Aqua Metals' adaptability in lithium iron phosphate (LFP) and nickel manganese cobalt (NMC) battery chemistries, further solidifying the company's leadership in battery materials refining technology and is expected to enhance its competitiveness in the rapidly evolving battery market.
  • Infrastructure Investment: Aqua Metals has invested over $25 million in its Tahoe-Reno Innovation Center, establishing one of the few pilot facilities in the industry capable of processing commercial battery-derived materials, supporting the company's long-term strategic development in battery recycling technologies and bridging the gap between laboratory research and industrial deployment.
  • Future Outlook: Although the project is not expected to have a material impact on the company's near-term financial results, it reflects continued federal investment in next-generation battery recycling and critical minerals refining technologies, indicating Aqua Metals' strategic value in advancing domestic refining capabilities.
NASDAQ.COM
2.0
05-27NASDAQ.COM
Aqua Metals (AQMS) Q4 2025 Earnings Transcript
seekingalpha
9.5
05-15seekingalpha
Aqua Metals Q1 2026 Earnings Call Insights
  • Commercialization Progress: Aqua Metals advanced its AquaRefining platform commercialization in Q1 2026, evaluating multiple U.S. locations to optimize feedstock access and logistics, indicating strategic expansion in critical minerals and energy storage markets.
  • Financial Condition: The company reported a net loss of approximately $4 million, or $1.22 per share, with cash and cash equivalents around $6.8 million, highlighting a tension between ongoing investments and operational costs.
  • Technical Breakthrough: At its innovation center, Aqua Metals surpassed 5,000 cumulative operating hours across multi-feedstock campaigns, successfully producing industry-standard battery-grade lithium carbonate, showcasing its technological capabilities in battery materials recycling.
  • Acquisition Decision Adjustment: Management decided not to proceed with the acquisition of Lion Energy, emphasizing the importance of capital discipline and risk management, reflecting a cautious approach in the current market environment.
seekingalpha
9.5
05-14seekingalpha
Aqua Metals Reports Q1 Loss and Strategic Review
  • Earnings Loss: Aqua Metals reported a Q1 GAAP EPS of -$1.22, indicating significant challenges in profitability that may negatively impact investor confidence and stock performance.
  • Strategic Review: The company is actively evaluating alternative transaction structures to enable a more capital-efficient approach to integrating selected energy storage assets, which could lay the groundwork for future financial stability and growth.
  • Asset Integration Plans: Aqua Metals outlines a range of 10,000 to 60,000 metric tons for its ARC facility, demonstrating ambition in expanding its energy storage capabilities, potentially enhancing its competitive position in the market.
  • Market Response: Despite facing financial losses, Aqua Metals is advancing its deal with Lion Energy, reflecting the company's determination to seek strategic partnerships to bolster its market position and business outlook.
Yahoo Finance
8.5
04-06Yahoo Finance
Aqua Metals Acquires Lion Energy: Strategic Insights
  • Market Growth Potential: The U.S. battery storage market is growing at over 30% annually, with utility-scale deployments expected to rise by 66% in 2024, creating an urgent need for domestic, secure battery supply chains, which Aqua Metals aims to address through the acquisition of Lion Energy.
  • Revenue and Synergies: Lion Energy brings approximately $50 million in immediate revenue and provides Aqua Metals with a commercial platform to manage the entire battery lifecycle, thereby diversifying revenue streams across hardware, software, and services, enhancing the company's competitive position in the market.
  • All-Stock Transaction Structure: The deal is structured as an all-stock transaction, with Lion's shareholders set to receive about $25.8 million at closing and potentially up to $65 million in performance-based earnout shares over the next 12 months, a structure that preserves cash flow while ensuring continuity in strategic execution.
  • Vertical Integration Advantage: By integrating hardware, software, and recycling, Aqua Metals gains visibility and control across the entire battery lifecycle, allowing it to offer a true circular solution that traditional OEMs cannot match, which will become increasingly valuable as sustainability becomes a regulatory and competitive necessity.
seekingalpha
9.5
04-01seekingalpha
Aqua Metals Q4 2025 Earnings Call Insights
  • Commercialization Adjustments: CEO Stephen Cotton stated that Aqua Metals will simplify its first commercial plant in 2025 by focusing on two core feedstock streams, NMC black mass and LFP black mass, which is expected to reduce execution risk and shorten time to market, thereby enhancing unit economics and payback profiles.
  • Product Quality Improvement: The company achieved lithium carbonate with fluorine levels under 30 parts per million, produced at meaningful scale and distributed to strategic partners for evaluation, indicating significant advancements in product quality that enhance market competitiveness.
  • Financial Condition Improvement: CFO Eric West reported that cash and cash equivalents at the end of 2025 were approximately $10.8 million with no long-term debt, and net cash used in operating activities improved year-over-year, reflecting enhanced financial health and operational efficiency.
  • Future Outlook: Management emphasized that 2026 priorities include advancing engineering and permitting work, deepening commercial negotiations with supply and financing partners, and ensuring construction will not commence until readiness is confirmed, thereby mitigating project risks.

Valuation Metrics

The current forward P/E ratio for Aqua Metals Inc (AQMS.O) is 67.57, compared to its 5-year average forward P/E of -0.90. For a more detailed relative valuation and DCF analysis to assess Aqua Metals Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-0.90
Current PE
67.57
Overvalued PE
15.04
Undervalued PE
-16.85

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-5.23
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
-1.57
Undervalued EV/EBITDA
-8.89

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
2394.23
Current PS
0.00
Overvalued PS
11560.25
Undervalued PS
-6771.79

Financials

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Frequently Asked Questions

What is Aqua Metals Inc (AQMS) stock price today?

The current price of AQMS is 2.905 USD — it has increased 0.87

What is Aqua Metals Inc (AQMS)'s business?

Aqua Metals, Inc. is engaged in metals recycling with its AquaRefining technology. It is focused on commercializing sustainable lithium-ion battery recycling that is non-polluting and closes the loop on critical minerals for clean energy technologies. It is focused on building and operating its lithium battery recycling facility, utilizing electricity to recycle instead of intensive chemical processes, fossil fuels, or high-temperature furnaces. Its flagship lithium battery recycling campus - the Sierra ARC (AquaRefining Campus) is a sustainable lithium battery recycling center in North America and commercial-scale deployment of its Li AquaRefining technology. Its process allows for recovery and conversion into high-purity nickel carbonate. It provides equipment and licensing of its lead acid battery recycling technologies in an enabler model. Its process produces high purity metals and alloys that can be returned into the battery manufacturing supply chain or sold into metals markets.

What is the price predicton of AQMS Stock?

Wall Street analysts forecast AQMS stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AQMS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Aqua Metals Inc (AQMS)'s revenue for the last quarter?

Aqua Metals Inc revenue for the last quarter amounts to 0.00 USD, decreased

What is Aqua Metals Inc (AQMS)'s earnings per share (EPS) for the last quarter?

Aqua Metals Inc. EPS for the last quarter amounts to -1.22 USD, decreased -88.12

How many employees does Aqua Metals Inc (AQMS). have?

Aqua Metals Inc (AQMS) has 11 emplpoyees as of June 30 2026.

What is Aqua Metals Inc (AQMS) market cap?

Today AQMS has the market capitalization of 9.77M USD.