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 $1.30.
Sullivan covers the Industrials sector, focusing on stocks such as Performance Shipping, Top Ships, and Euroseas. According to TipRanks, Sullivan has an average return of 16.3% and a 48.00% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for 5E Advanced Materials, Inc. with a $2.50 average price target.
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Based on 5E Advanced Materials, Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $10.62 million. In comparison, last year the company had a GAAP net loss of $14.86 million
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5E Advanced Materials, Inc. (FEAM) Company Description:
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 Materials Supports Congressional Push to Include Boron in 2025 Critical Minerals List
- 5E Advanced Materials Announces Private Placement Completion
- 5E Advanced Materials’ Private Equity Placement Update
- 5E Advanced Materials Seals Revised Subscription Deal
- 5E Advanced Materials Closes Second Tranche of Equity Financing
