Aqua Metals Inc AQMS shares were trading higher by 18.2% at $3.02 on above-average volume Thursday afternoon.
An Aqua Metals spokesperson commented on Thursday's price action, telling Benzinga the stock is "likely just oversold over the last few months" and rallying in anticipation of the company's first licensing deal.
Aqua Metals 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.
The company's mission is to eliminate the inefficiency, costs and toxic waste associated with conventional smelter-based recycling of lead acid batteries.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
