Welsbach Technology Metals Acquisition Corp. (NASDAQ:EMAT – Get Free Report) shot up 1.3% during mid-day trading on Tuesday . The company traded as high as $7.65 and last traded at $7.25. 123,644 shares were traded during mid-day trading, The stock had previously closed at $7.16.
Analysts Set New Price Targets
Separately, Weiss Ratings began coverage on Welsbach Technology Metals Acquisition in a report on Tuesday, January 27th. They set a “sell (d-)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
View Our Latest Analysis on EMAT
Welsbach Technology Metals Acquisition Trading Up 1.3%
About Welsbach Technology Metals Acquisition
Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology metals and energy transition metals sectors. Welsbach Technology Metals Acquisition Corp. was incorporated in 2021 and is based in Lombard, Illinois.
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