5E Advanced Materials (NASDAQ:FEAM) Given "Sell (E+)" Rating 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.

Weiss Ratings reaffirmed their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM - Free Report) in a report released on Tuesday morning,Weiss Ratings reports.

5E Advanced Materials Stock Performance

Shares of NASDAQ FEAM traded down $0.59 during trading on Tuesday, hitting $3.05. The company had a trading volume of 59,775 shares, compared to its average volume of 28,666. The stock has a 50 day simple moving average of $3.86 and a 200 day simple moving average of $4.91. 5E Advanced Materials has a 12 month low of $2.82 and a 12 month high of $24.84. The firm has a market capitalization of $61.05 million, a P/E ratio of -0.19 and a beta of 1.52.

5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($1.68) EPS for the quarter, missing the consensus estimate of ($1.31) by ($0.37). As a group, analysts predict 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.