5E Advanced Materials (NASDAQ:FEAM – Get Free Report) posted its earnings results on Thursday. The company reported ($0.21) earnings per share (EPS) for the quarter, Zacks reports.
5E Advanced Materials Stock Down 9.9 %
FEAM opened at $0.27 on Friday. 5E Advanced Materials has a 52 week low of $0.26 and a 52 week high of $2.48. The business has a fifty day simple moving average of $0.48 and a 200-day simple moving average of $0.57. The company has a debt-to-equity ratio of 35.91, a quick ratio of 1.08 and a current ratio of 1.08.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 5E Advanced Materials in a research report on Saturday, February 1st.
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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