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AQMS – Aqua Metals Inc

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Recommendation Rating

1.5

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4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 5.5

Low: 4

High: 7

Total Analysts: 2

Company Profile

Aqua Metals, Inc. is engaged in reinventing metals recycling with its patented hydrometallurgical AquaRefining technology. The Company’s offerings include equipment supply, services and licensing of the AquaRefining technology to recyclers across the globe. The Company’s AquaRefining is a room temperature, water-based process, which delivers raw materials back into the manufacturing supply chain while reducing emissions and toxic byproducts. AquaRefining process has two key elements. The first is its use of a non-toxic solvent, which dissolves lead compounds. The second is an electro-chemical process and Aqualyzer, which converts the dissolved lead compounds into purity lead through a continuous process that is suitable for use in lead-acid battery (LAB) production. The AquaRefining process begins with the processing of crushed used batteries either in the form of paste for LAB or, in the future, black mass for lithium-ion batteries (LIB).

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