5E Advanced Materials (NASDAQ:FEAM) Receives “Sell (E+)” Rating from Weiss Ratings

5E Advanced Materials (NASDAQ:FEAM)‘s stock had its “sell (e+)” rating restated by Weiss Ratings in a research report issued to clients and investors on Wednesday,Weiss Ratings reports.

Separately, Maxim Group reduced their price objective on 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 Down 3.0%

Shares of NASDAQ:FEAM opened at $4.27 on Wednesday. The company has a market capitalization of $85.48 million, a PE ratio of -0.17 and a beta of 1.60. The company has a debt-to-equity ratio of 35.91, a current ratio of 0.15 and a quick ratio of 0.15. The business has a fifty day moving average price of $4.36 and a two-hundred day moving average price of $7.03. 5E Advanced Materials has a 1 year low of $2.82 and a 1 year high of $37.03.

5E Advanced Materials (NASDAQ:FEAM) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($1.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.31) by ($0.37). 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.