Aqua Metals Inc. (AQMS) Plunges 14.03%

Aqua Metals Inc. (AQMS) had a rough trading day for Friday December 06 as shares tumbled 14.03%, or a loss of $-0.1024 per share, to close at $0.63. After opening the day at $0.69, shares of Aqua Metals Inc. traded as high as $0.72 and as low as $0.61. Volume was 1.58 million shares over 2,534 trades, against an average daily volume of n/a shares and a total float of 57.39 million.

As a result of the decline, Aqua Metals Inc. now has a market cap of $36.02 million. In the last year, shares of Aqua Metals Inc. have traded between a range of $4.33 and $0.67, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Aqua Metals Inc is a United States-based company engaged in the business of recycling lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. Its mission is to eliminate the inefficiency, costs and toxic waste associated with conventional smelter based recycling of Lead Acid Batteries. The company’s breakthrough, AquaRefining, delivers a better product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of lead production.

Aqua Metals Inc. is based out of McCarran, NV and has some 76 employees. Its CEO is Stephen Cotton.

Aqua Metals Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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