Aqua Metals (AQMS) Stock Price & Analysis
AQMS Stock Chart & Stats
- Day’s Range
- N/A
- 52-Week Range
- N/A
- Previous Close
- N/A
- Volume
- N/A
- Average Volume (3M)
- N/A
- Market Cap
- CHF 4.00M
- Enterprise Value
- CHF 5.55M
- Total Cash (Recent Filing)
- CHF 4.74M
- Total Debt (Recent Filing)
- CHF 441.00K
- Price to Earnings (P/E)
- ―
- Beta
- N/A
- Next Earnings
- Feb 25, 2027 (Est.)
- EPS Estimate
- N/A
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Low Financial Leverage
The low debt burden limits interest expense and refinancing exposure relative to a highly leveraged business. This provides some financial resilience and preserves greater flexibility to allocate future capital toward technology development, commercialization, or operating needs.
Proprietary Recycling Technology
A proprietary electrochemical recycling process could differentiate Aqua Metals in lead recovery and battery materials if commercialization progresses. Producing high-purity recycled lead also aligns the offering with established battery and lead applications, supporting a potentially durable market position.
Continued Capital-markets Access
Maintaining the ATM program gives Aqua Metals an established mechanism to raise equity as needed and supports near-term funding flexibility. Although equity financing can be costly, continuity of the facility reduces disruption in the company’s financing structure while it pursues commercialization.
Bears Say
No Meaningful Recurring Revenue
Effectively zero revenue means the operating cost structure is not yet supported by recurring sales, leaving profitability dependent on successful commercialization. Until revenue scales, earnings quality remains weak and the company has limited evidence of a self-sustaining business model.
Persistent Cash Burn
Sustained negative operating and free cash flow requires Aqua Metals to consume available resources or seek external funding to continue operations. This constrains investment flexibility and makes progress toward commercialization financially important over the next several quarters.
Material Equity Erosion
The substantial decline in equity reflects cumulative losses and reduces the balance-sheet cushion available to fund development. A thinner equity base limits financial flexibility and increases the importance of raising capital or achieving operating improvement before resources become more constrained.
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Company Description
Aqua Metals
Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.
- Sector
- Industrials
- Industry
- Waste Management
- CEO
- Stephen D. Cotton
- Employees
- 11
- Website
- www.aquametals.com
- Address
- 5370 Kietzke Lane, Reno, NV, 89511, US
Aqua Metals (AQMS) Earnings & Revenues
AQMS Company Deck
AQMS Earnings Call
Earnings Call SentimentPositive
The call conveyed meaningful technical progress and financial discipline: Aqua Metals demonstrated validated battery-grade lithium carbonate production from multiple feedstocks, achieved >5,000 operating hours, and materially reduced operating expenses and net loss year-over-year. However, the company faces near-term liquidity constraints (cash of ~$6.8M and ~$3.8M quarterly cash burn), unresolved exposure to the Lion Energy financing (~$4.1M) with a $437k provision, and no binding commercial contracts yet—progress toward commercialization is contingent on site selection and financing. Overall, the positives around validated technology, reduced losses and financing flexibility (ATM capacity) outweigh the near-term operational and liquidity risks, but execution on site selection and commercial conversions remains critical.
View all CH:AQMS earnings summaries








