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.
Get Our Latest Stock Report on FEAM
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
(
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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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