5E Advanced Materials' (FEAM) "Sell (E+)" Rating Reaffirmed at Weiss Ratings

Key Points

• 5E Advanced Materials' stock has received a "sell (E+)" rating from Weiss Ratings, indicating a negative outlook from analysts.
• The company's shares are currently trading at $4.01, with a market cap of $80.27 million and a PE ratio of -0.25.
• 5E Advanced Materials reported a quarterly EPS of ($1.68), falling short of analysts' estimates and projecting a forecasted EPS of -9.22 for the current year.

5E Advanced Materials (NASDAQ:FEAM - Get Free Report)'s stock had its "sell (e+)" rating restated by research analysts at Weiss Ratings in a research note issued on Tuesday,Weiss Ratings reports.

5E Advanced Materials Trading Down 2.4%

Shares of FEAM opened at $4.01 on Tuesday. The firm has a market cap of $80.27 million, a PE ratio of -0.25 and a beta of 1.52. 5E Advanced Materials has a 12 month low of $2.82 and a 12 month high of $24.84. The stock has a fifty day moving average price of $3.91 and a 200-day moving average price of $5.05.

5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported ($1.68) EPS for the quarter, missing analysts' consensus estimates of ($1.31) by ($0.37). As a group, research analysts forecast that 5E Advanced Materials will post -9.22 EPS for the current year.

About 5E Advanced Materials

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.

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