.jpg "Aqua Metals (NASDAQ: AQMS)")
Today, the President of Aqua Metals (NASDAQ: AQMS), Cotton Stephen, bought shares of AQMS for $85.5K.
This recent transaction increases Cotton Stephen’s holding in the company by 67.42% to a total of $249.6K. In addition to Cotton Stephen, 6 other AQMS executives reported Buy trades in the last month.
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Based on Aqua Metals’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.73 million and GAAP net loss of $7.53 million. In comparison, last year the company earned revenue of $0 and had a GAAP net loss of $4.89 million. Currently, Aqua Metals has an average volume of 761.7K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $12.67, reflecting a -72.8% downside. Starting in October 2015, AQMS received 27 Buy ratings in a row. Four different firms, including National Securities Corp and Northland Securities, currently also have a Buy rating on the stock.
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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.
