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Aqua Metals, Inc. (AQMS)

Industrials | Waste Management | Reno, United States | NasdaqCM
2.73 USD -0.08 (-2.847%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.73

Short-term:★★☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:40 a.m. EDT

The immediate outlook is bearish due to a severe disconnect between the current trading price and the historical valuation baseline. While the stock recently traded near $39, it has collapsed to under $3, representing a nearly 99.8% loss of value over the last nine years. This structural implosion is confirmed by a trailing run of two consecutive negative annual returns, indicating that the market has consistently reassessed the business quality downward. Fundamentally, the company is in distress with negative earnings, negative free cash flow, and negative returns on both assets and equity. There is no dividend to provide income, and the balance sheet shows significant debt relative to equity. Although the company has secured some government partnerships and has a speculative buy rating from one analyst, these factors are insufficient to overcome the overwhelming evidence of deteriorating fundamentals and a multi-year price trajectory that suggests the business is currently failing to generate value.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.345075
AutoETS0.354755
AutoARIMA0.354759
AutoTheta0.390328

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 3.42
Ljung-Box p 0.000
Jarque-Bera p 0.044
Excess Kurtosis 0.04
Attribute Value
Sector Industrials
Debt to Equity Ratio 4.627
Market Cap 9,704,932
Forward P/E -1.71
Beta 0.30
Website https://www.aquametals.com

Info Dump

Attribute Value
52 Week Change -0.22160667
Address1 5,370 Kietzke Lane
Address2 Suite 201
All Time High 4,550.0
All Time Low 2.461
Ask 3.54
Ask Size 2
Average Daily Volume10 Day 28,340
Average Daily Volume3 Month 87,203
Average Volume 87,203
Average Volume10Days 28,340
Beta 0.297
Bid 2.02
Bid Size 2
Book Value 2.689
City Reno
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.73
Current Ratio 2.431
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.85
Day Low 2.71
Debt To Equity 4.627
Display Name Aqua Metals
Earnings Call Timestamp End 1,785,443,400
Earnings Call Timestamp Start 1,785,443,400
Earnings Timestamp 1,785,441,600
Earnings Timestamp End 1,793,736,000
Earnings Timestamp Start 1,793,736,000
Ebitda -15,150,000
Ebitda Margins 0.0
Enterprise To Ebitda -0.358
Enterprise Value 5,425,439
Eps Forward -1.6
Eps Trailing Twelve Months -0.15
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.7904
Fifty Day Average Change -0.06040001
Fifty Day Average Change Percent -0.021645645
Fifty Two Week Change Percent -22.160667
Fifty Two Week High 39.4
Fifty Two Week High Change -36.670002
Fifty Two Week High Change Percent -0.9307107
Fifty Two Week Low 2.461
Fifty Two Week Low Change 0.26900005
Fifty Two Week Low Change Percent 0.10930518
Fifty Two Week Range 2.461 - 39.4
Financial Currency USD
First Trade Date Milliseconds 1,438,349,400,000
Float Shares 3,225,067
Forward Eps -1.6
Forward P E -1.70625
Free Cashflow -9,592,250
Full Exchange Name NasdaqCM
Full Time Employees 11
Fullday Change -0.0799999
Fullday Change Percent -2.84697
Fullday Price 2.73
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Gross Profits -1,971,000
Has Pre Post Market Data 1
Held Percent Insiders 0.12550999
Held Percent Institutions 0.08297
Implied Shares Outstanding 3,554,920
Industry Waste Management
Industry Disp Waste Management
Industry Key waste-management
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,754,265,600
Last Split Factor 1:10
Long Business Summary Aqua Metals, Inc. develops recycling and refining technologies for the recovery of critical minerals and metals in the United States. It engages in the development of AquaRefining process, an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system. The company serves Metals and Lithium Battery markets. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.
Long Name Aqua Metals, Inc.
Market us_market
Market Cap 9,704,932
Market State CLOSED
Max Age 86,400
Message Board Id finmb_274121159
Most Recent Quarter 1,782,777,600
Net Income To Common -15,995,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 9,936,001
Number Of Analyst Opinions 1
Open 2.8095
Operating Cashflow -11,428,000
Operating Margins 0.0
Payout Ratio 0.0
Peg Ratio 0.72
Phone 775 446 4418
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 2.73
Post Market Time 1,787,959,804
Previous Close 2.81
Price Hint 4
Price To Book 1.0152473
Profit Margins 0.0
Quick Ratio 1.686
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.07999992
Regular Market Change Percent -2.8469725
Regular Market Day High 2.85
Regular Market Day Low 2.71
Regular Market Day Range 2.71 - 2.85
Regular Market Open 2.8095
Regular Market Previous Close 2.81
Regular Market Price 2.73
Regular Market Time 1,787,947,200
Regular Market Volume 22,433
Return On Assets -0.92884004
Return On Equity -2.18392
Sand P52 Week Change 0.20504117
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 3,554,920
Shares Percent Shares Out 0.056599997
Shares Short 201,315
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 262,417
Short Name Aqua Metals, Inc.
Short Percent Of Float 0.060900003
Short Ratio 5.92
Source Interval 15
State NV
Symbol AQMS
Target High Price 5.0
Target Low Price 5.0
Target Mean Price 5.0
Target Median Price 5.0
Total Cash 4,744,000
Total Cash Per Share 1.331
Total Debt 441,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.15
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.491025
Two Hundred Day Average Change -1.761025
Two Hundred Day Average Change Percent -0.39212096
Type Disp Equity
Volume 22,141
Website https://www.aquametals.com
Zip 89,511