5E Advanced Materials, Inc. (NASDAQ:FEAM) Short Interest Update

5E Advanced Materials, Inc. (NASDAQ:FEAM - Get Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totalling 74,500 shares, a decrease of 15.3% from the April 30th total of 88,000 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 30,500 shares, the days-to-cover ratio is currently 2.4 days.

Wall Street Analysts Forecast Growth

FEAM has been the topic of a number of recent research reports. Weiss Ratings restated a "sell (e+)" rating on shares of 5E Advanced Materials in a report on Saturday, May 24th. Maxim Group reduced their target price on shares of 5E Advanced Materials from $23.00 to $12.00 and set a "buy" rating on the stock in a report on Wednesday, February 19th.

5E Advanced Materials Stock Up 1.0%

Shares of NASDAQ:FEAM traded up $0.04 during trading on Thursday, hitting $4.17. The company's stock had a trading volume of 2,669 shares, compared to its average volume of 14,185. The company has a market capitalization of $83.48 million, a PE ratio of -0.16 and a beta of 1.61. 5E Advanced Materials has a fifty-two week low of $2.82 and a fifty-two week high of $37.03. The company has a debt-to-equity ratio of 35.91, a quick ratio of 0.15 and a current ratio of 0.15. The stock's 50-day moving average price is $4.30 and its two-hundred day moving average price is $7.24.

5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last issued its 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, sell-side analysts expect that 5E Advanced Materials will post -9.22 EPS for the current year.

5E Advanced Materials Company Profile

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.