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Rodman & Renshaw announced Aqua Metals (NASDAQ:AQMS), bumping up its stock price target to $25.00 today

Just yesterday Aqua Metals (NASDAQ:AQMS) traded 3.45% higher at $11.95. Aqua Metals’s 50-day moving average is $6.38 and its 200-day moving average is $15.57. The last stock price is down -57.61% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 503,529 shares of AQMS traded hands, up from an average trading volume of 399,700

In a report released on 6/22/2017 Rodman & Renshaw increased the stock price target of Aqua Metals (NASDAQ:AQMS) to $25.00 reporting a possible upside of 1.09%.

Recent Performance Chart

Aqua Metals (NASDAQ:AQMS)

Aqua Metals has 52 week low of $5.82 and a 52 week high of $18.39 and has a market capitalization of $0.

Brief Synopsis On Aqua Metals (NASDAQ:AQMS)

Aqua Metals, Inc. is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company's AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead. The modular nature of AquaRefining makes it possible to start LAB recycling at a much smaller scale than is possible with smelters. Its AquaRefining process begins with the crushing of used LABs and the separation of the metallic lead, active material (lead compounds), sulfuric acid and plastic for recycling. The active material is dissolved in its solvent. The primary lead is then stripped from the solvent using its automated process allowing the solvent to be reused continuously and indefinitely. As of December 31, 2016, the Company had not generated revenues.

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