H.C. Wainwright Maintains a Buy Rating on Aqua Metals

In a report released today, Amit Dayal from H.C. Wainwright maintained a Buy rating on Aqua Metals (NASDAQ: AQMS), with a price target of $9. The company’s shares closed yesterday at $3.53.

According to TipRanks.com, Dayal is a 1-star analyst with an average return of -0.7% and a 39.5% success rate. Dayal covers the Consumer Goods sector, focusing on stocks such as Superconductor Technologies Inc, Pacific Ethanol, and Plug Power.

Currently, the analyst consensus on Aqua Metals is Strong Buy and the average price target is $12.67, representing a 258.9% upside.

In a report released today, Oppenheimer also maintained a Buy rating on the stock with a $14 price target.

See today’s analyst top recommended stocks >>

Based on Aqua Metals’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $7.03 million. In comparison, last year the company had a GAAP net loss of $4.89 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aqua Metals, Inc. engages in the production of recycled lead through an electro-chemical process. It operates through its AquaRefining™ technology. The company Stephen R. Clarke, Thomas Murphy, and Selwyn Mould on June 20, 2014 and is headquartered in Alameda, CA.