In a report released yesterday, Tate Sullivan from Maxim Group maintained a Hold rating on 5E Advanced Materials, Inc. (FEAM – Research Report). The company’s shares closed yesterday at $3.93.
According to TipRanks, Sullivan is a 5-star analyst with an average return of 17.6% and a 43.40% success rate. Sullivan covers the Industrials sector, focusing on stocks such as Seanergy Maritime, ABM Industries, and Euroseas.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 5E Advanced Materials, Inc. with a $10.00 average price target.
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Based on 5E Advanced Materials, Inc.’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $10.12 million. In comparison, last year the company had a GAAP net loss of $32.97 million
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is neutral on the stock.
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5E Advanced Materials Inc is engaged in the advanced materials with a focus on critical decarbonization applications, including electric transportation, clean energy, and food security.
Read More on FEAM:
- 5E Advanced Metals files complaint to recover damages from Matrix
- 5E Advanced Materials Hires New Contractors to Complete Small Scale Boron Facility, Removing Matrix Services, While Filing Complaint to Recover Damages
- 5E Advanced Materials Schedules Fourth Quarter Earnings Conference Call for August 30th, 2023
- 5E Advanced Materials Completes Assignment of Salt Wells Project
