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ABAT
Upturn stock ratingUpturn stock rating

American Battery Technology Company Common Stock (ABAT)

Upturn stock ratingUpturn stock rating
$1.32
Delayed price
Profit since last BUY-57.96%
upturn advisory
WEAK BUY
BUY since 20 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

01/27/2025: ABAT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -70.12%
Avg. Invested days 20
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 01/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 86.35M USD
Price to earnings Ratio -
1Y Target Price 9
Price to earnings Ratio -
1Y Target Price 9
Volume (30-day avg) 10088819
Beta 1.77
52 Weeks Range 0.73 - 4.11
Updated Date 04/3/2025
52 Weeks Range 0.73 - 4.11
Updated Date 04/3/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.97

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -4151.35%

Management Effectiveness

Return on Assets (TTM) -31.25%
Return on Equity (TTM) -85.34%

Valuation

Trailing PE -
Forward PE 37.74
Enterprise Value 81251801
Price to Sales(TTM) 98.36
Enterprise Value 81251801
Price to Sales(TTM) 98.36
Enterprise Value to Revenue 92.55
Enterprise Value to EBITDA -105.17
Shares Outstanding 84658000
Shares Floating 81934562
Shares Outstanding 84658000
Shares Floating 81934562
Percent Insiders 5.24
Percent Institutions 8.32

Analyst Ratings

Rating -
Target Price 9
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

American Battery Technology Company Common Stock

stock logo

Company Overview

overview logo History and Background

American Battery Technology Company (ABTC), founded in 2011, focuses on the critical challenge of creating a closed-loop ecosystem for battery metals. They develop technologies for lithium-ion battery recycling, primary battery metal extraction, and advanced battery materials.

business area logo Core Business Areas

  • Lithium-Ion Battery Recycling: Develops and deploys recycling processes for end-of-life batteries to recover valuable materials like lithium, nickel, cobalt, and manganese.
  • Primary Battery Metal Extraction: Focuses on the sustainable extraction of battery metals from domestic resources, reducing reliance on foreign sources.
  • Advanced Battery Materials Manufacturing: Production of battery cathode active materials from recycled and primary resources for use in new batteries.

leadership logo Leadership and Structure

Ryan Melsert is the CEO. The company has a management team focused on engineering, chemistry, and operations. The organizational structure includes departments for R&D, operations, finance, and corporate development.

Top Products and Market Share

overview logo Key Offerings

  • Recycled Battery Metals: ABTC's primary product is the recovered and refined battery metals from recycled lithium-ion batteries. While specific market share data is not readily available, the market is fragmented with players like Redwood Materials and Li-Cycle. ABTC is positioning itself to capture a significant portion of the growing recycling market as EV adoption increases.
  • Primary Lithium Extraction: ABTC aims to extract lithium from unconventional resources. The company is still in development phase of extracting from the Tonopah Flats, Nevada resource, not yet generating revenue. Competitors include Albemarle (ALB) and Livent (LTHM).

Market Dynamics

industry overview logo Industry Overview

The lithium-ion battery recycling and battery metal extraction industries are experiencing rapid growth, driven by increasing EV production and concerns over supply chain security for critical battery materials. Government regulations and incentives are also boosting the sector.

Positioning

ABTC aims to be a leader in sustainable battery metal production through recycling and environmentally responsible extraction. Their competitive advantage lies in its proprietary recycling technologies and focus on domestic resource utilization.

Total Addressable Market (TAM)

The global battery recycling market is projected to reach tens of billions of dollars by 2030. ABTC is positioned to capture a portion of this market by scaling up its recycling operations and developing sustainable primary extraction methods.

Upturn SWOT Analysis

Strengths

  • Proprietary recycling technology
  • Focus on domestic resource utilization
  • Experienced management team
  • Strategic partnerships

Weaknesses

  • Limited current revenue generation
  • Reliance on capital raising for expansion
  • Technology scaling risks
  • Competition from established players

Opportunities

  • Growing demand for recycled battery materials
  • Government incentives for battery recycling
  • Expansion into new battery metal extraction projects
  • Partnerships with battery manufacturers and automakers

Threats

  • Fluctuations in battery metal prices
  • Technological advancements in battery chemistry
  • Regulatory changes
  • Competition from larger, more established companies

Competitors and Market Share

competitor logo Key Competitors

  • Redwood Materials
  • Li-Cycle (LICY)
  • Ascend Elements

Competitive Landscape

ABTC competes with larger, more established companies in the battery recycling and metal extraction space. Its competitive advantage lies in its proprietary technology and focus on domestic resource utilization, but it faces challenges in scaling its operations and securing funding.

Major Acquisitions

Growth Trajectory and Initiatives

Historical Growth: Historical growth is characterized by significant investment in R&D and infrastructure development, with limited revenue generation to date.

Future Projections: Future growth projections are highly dependent on the successful scaling of its recycling operations and the commercialization of its primary extraction technologies. Analyst estimates vary widely.

Recent Initiatives: Recent initiatives include the construction and commissioning of its first commercial-scale battery recycling facility, securing partnerships with strategic industry players, and advancing its lithium extraction project in Nevada.

Summary

American Battery Technology Company is a developing company in the rapidly growing battery recycling and metal extraction industries. The company has proprietary technology and a strategic focus on domestic resources. It faces challenges in scaling operations, securing funding, and competing with larger players. Successful execution of its business plan could lead to significant growth in the future.

Similar Companies

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Sources and Disclaimers

Data Sources:

  • Company filings
  • Industry reports
  • Analyst estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be made based on thorough research and consultation with a qualified financial advisor. Market share data is estimated and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About American Battery Technology Company Common Stock

Exchange NASDAQ
Headquaters Reno, NV, United States
IPO Launch date 2023-09-21
CEO, CTO & Director Mr. Ryan Mitchell Melsert C.F.A.
Sector Basic Materials
Industry Other Industrial Metals & Mining
Full time employees 96
Full time employees 96

American Battery Technology Company operates as a battery materials company in the United States. The company explores for resources of battery metals, such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction and refining of battery metals. It also commercializes an integrated process for the recycling of lithium-ion batteries. The company was formerly known as American Battery Metals Corporation and changed its name to American Battery Technology Company in August 2021. American Battery Technology Company was incorporated in 2011 and is headquartered in Reno, Nevada.

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