AQUA METALS INC (AQMS)
NASDAQIndustrialsWaste ManagementSnapshot 2026-11-05
$1.17-4.88%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsWaste ManagementSnapshot 2026-11-05
QuarterlyIQ Insights · AQMS
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
A comparable price-assumption read is not available for this company.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Worth watching into the next print: this name is a smaller-cap name (higher miss base rate) and has erratic recent earnings surprises. A fundamental tilt, not a price call.
Model as of 2026-11-05 · Compared with 4 industry peers
AQMS — credit agreement
Dated 2026-02-11
Entry into a Material Definitive Agreement. Term Sheet On February 6, 2026, Aqua Metals, Inc., a Delaware corporation (the “Company” or “Aqua Metals”), entered into a term sheet (the “Term Sheet”) with Lion Energy, LLC, a Utah limited liability company (“Lion Energy”), and certain members of Lion Energy (the “Members”), as amended and restated on February 10, 2026, setting forth certain terms and conditions pursuant to which the Company intends to acquire all of the issued and outstanding equ…
Why it matters: The plant plan needs new funding while Aqua Metals records losses. A cash shortfall could slow key steps.
Worry ifAqua Metals reports it cannot secure Phase 1 funding, cuts planned work, or delays key project steps due to cash limits.
Less concerning ifAqua Metals reports firm project funding and keeps site, equipment, and permit work on track.
Why it matters: A funded project and investment decision would move the plan closer to construction. Aqua Metals reports ongoing losses.
Supportive ifAqua Metals reports firm Phase 1 funding, completed cost checks, and a final decision to invest.
Worry ifFunding is not firm, costs exceed the approved plan, or the investment decision is delayed.
Why it matters: A signed site deal would clear a key step toward Phase 1. A delay would keep the plant plan uncertain.
Supportive ifBy the next update, Aqua Metals names the site and reports a signed long-term site control deal.
Worry ifThe next update reports no site choice, failed talks, or a delay beyond the stated quarter.
Why it matters: Phase 1 needs equipment and battery material to process. Signed supply and sales deals would show real customer support.
Supportive ifAqua Metals names its Phase 1 equipment partner. It signs feedstock and sales deals for planned products.
Worry ifThe next update names no equipment partner and reports no signed feedstock or sales deals.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$253 on $10,000 · ±2.5% | How much price usually moves either way. |
| Bad day | $948 loss on $10,000 · 9.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,556 loss on $10,000 · 85.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.