5E Advanced Materials’ (FEAM) Sell (E+) Rating Reiterated at Weiss Ratings

Weiss Ratings restated their sell (e+) rating on shares of 5E Advanced Materials (NASDAQ:FEAM) in a research report report published on Wednesday morning,Weiss Ratings reports.

Separately, Maxim Group cut their target price on shares of 5E Advanced Materials from $23.00 to $12.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th.

5E Advanced Materials Stock Performance

NASDAQ FEAM opened at $4.04 on Wednesday. 5E Advanced Materials has a one year low of $2.82 and a one year high of $33.81. The company has a 50-day simple moving average of $4.38 and a 200-day simple moving average of $6.94. 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 firm has a market capitalization of $80.87 million, a PE ratio of -0.16 and a beta of 1.60.

5E Advanced Materials (NASDAQ:FEAM) last issued 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, equities analysts forecast that 5E Advanced Materials will post -9.22 earnings per share 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.