Aristides Capital LLC Buys Shares of 546,278 5E Advanced Materials, Inc. $FEAM

Aristides Capital LLC bought a new stake in 5E Advanced Materials, Inc. (NASDAQ:FEAM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 546,278 shares of the company’s stock, valued at approximately $765,000.

Several other hedge funds have also recently bought and sold shares of FEAM. Bluescape Energy Partners LLC lifted its stake in 5E Advanced Materials by 7.0% in the 4th quarter. Bluescape Energy Partners LLC now owns 8,130,997 shares of the company’s stock worth $24,800,000 after acquiring an additional 533,648 shares in the last quarter. Mercer Global Advisors Inc. ADV purchased a new position in 5E Advanced Materials during the 4th quarter valued at about $674,000. Marshall Wace LLP purchased a new position in 5E Advanced Materials during the 4th quarter valued at about $282,000. &PARTNERS acquired a new position in shares of 5E Advanced Materials in the 4th quarter valued at about $191,000. Finally, Potomac Capital Management Inc. acquired a new position in shares of 5E Advanced Materials in the 4th quarter valued at about $186,000.

5E Advanced Materials Stock Performance

Shares of NASDAQ:FEAM opened at $1.12 on Friday. 5E Advanced Materials, Inc. has a 52-week low of $0.90 and a 52-week high of $7.50. The company has a market cap of $46.49 million, a P/E ratio of -0.84 and a beta of 1.89. The stock’s 50-day moving average is $1.55 and its 200-day moving average is $1.93.

5E Advanced Materials (NASDAQ:FEAM) last announced its earnings results on Tuesday, May 12th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.01. As a group, equities analysts predict that 5E Advanced Materials, Inc. will post -1.61 EPS for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on FEAM. Wall Street Zen raised 5E Advanced Materials from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 30th. HC Wainwright set a $5.50 price target on shares of 5E Advanced Materials and gave the stock a “buy” rating in a research note on Wednesday, May 13th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of 5E Advanced Materials in a report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $6.25.

About 5E Advanced Materials

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.