Revenue Update on Aqua Metals Inc(NASDAQ:AQMS)

Aqua Metals Inc(NASDAQ:AQMS) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during Pre-Market on Feb 14, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.3.

Aqua Metals Inc (AQMS) shares turned negative on Wednesdays trading session with the shares closing down -0.33 points or -1.85% at a volume of 2,86,495. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $17.96. The peak price level was also seen at $17.96 while the days lowest was $16.95. Finally the shares closed at $17.48. The 52-week high of the shares is $18.39 while the 52-week low is $4.82. According to the latest information available, the market cap of the company is $329 M.

Several Insider Transactions has been reported to the SEC. On Nov 18, 2016, Mark Slade (director) purchased 7,500 shares at $10.00 per share price.Also, On Nov 17, 2016, Stephen R. Clarke (CEO) purchased 20,000 shares at $10.00 per share price.On Aug 25, 2015, Stephen Cotton (Chief Commercial Officer) purchased 5,000 shares at $4.84 per share price, according to the Form-4 filing with the securities and exchange commission.

Aqua Metals Inc. is engaged in developing AquaRefining a modular electrochemical process that produces ultra-pure lead from used lead-acid batteries. The Company’s AquaRefining produces no emissions and a substantial amount of the energy it uses comes from renewable sources. AquaRefining also consumes much less total energy and is more cost effective than lead smelting Aqua Metals has engineering offices in Oakland California and is in the process of building commercial lead production AquaRefining facilities which will be near Reno Nevada.

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