Weiss Ratings restated their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM - Free Report) in a research report released on Wednesday morning,Weiss Ratings reports.
Separately, 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 research note on Wednesday, February 19th.
Read Our Latest Stock Report on 5E Advanced Materials
5E Advanced Materials Price Performance
5E Advanced Materials stock remained flat at $4.04 during trading hours on Wednesday. 3,029 shares of the company's stock traded hands, compared to its average volume of 14,387. The company has a debt-to-equity ratio of 35.91, a current ratio of 0.15 and a quick ratio of 0.15. The stock has a 50-day simple moving average of $4.38 and a 200-day simple moving average of $6.91. 5E Advanced Materials has a twelve month low of $2.82 and a twelve month high of $33.81. The company has a market cap of $80.87 million, a PE ratio of -0.16 and a beta of 1.60.
5E Advanced Materials (NASDAQ:FEAM - Get Free Report) last posted its quarterly earnings results on Thursday, May 15th. The company reported ($1.68) earnings per share for the quarter, missing analysts' consensus estimates of ($1.31) by ($0.37). On average, research analysts expect that 5E Advanced Materials will post -9.22 EPS for the current fiscal year.
About 5E Advanced Materials
(
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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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