HC Wainwright & Co. Maintains Buy on 5E Advanced Materials, Raises Price Target to $6.75
HC Wainwright & Co. analyst Heiko F. Ihle maintains 5E Advanced Materials (NASDAQ:FEAM) with a Buy and raises the price target from $3.5 to $6.75.
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5E Advanced Materials Announces Searles Valley Minerals Assets Takeover Provides ~257 Workforce, Three Processing Sites, Water Utility, 54 Megawatts Of On-Site Cogeneration Capacity
5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:FEAM) today provided additional details regarding its previously announced acquisition of the Searles Valley Minerals assets, including the
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5E Advanced Materials shares are trading higher after the company announced it completed the acquisition of Searles Valley Minerals through a court-supervised sale process under Section 363 of the U.S. Bankruptcy Code.
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