ABAT
American Battery Technology Company

American Battery Technology CompanyABAT

Industrials · Waste Management
2.39USD
+2.58%
Sep 23, 2026
ABAT overview ready
Domestic Lithium-Ion Battery Recycling and Lithium Refining in Nevada
ABAT operates a Nevada lithium-ion battery recycling facility that recovers battery metals and is advancing the Tonopah Flats Nevada lithium project and associated lithium-hydroxide refining capacity.
Direct narrative exposure
Exposed to the Critical Minerals Supply Security narrative through Domestic Lithium and Battery Materials Processing — pure play.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk….
Fundamentals under pressure
Free cash flow yield is weak.
Primary risk
Commodity price volatility.
Market Sep 22Filing Jun 30Price action Sep 22Research Aug 28

Conviction Level

NarrativeHeat7.5ThemeHeat6.7PriceAction1.4Valuation3.5CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryDamaged / breakdown

The technical structure itself is broken across timeframes — the weakest entry profile.

Key Financials

Market Cap
$340.8M
Avg Volume (60D)
3.4M
60 sessions
Revenue Growth YoY
+406.8%
FY2026 vs FY2025
Gross Margin
-14.2%
Trailing twelve months
Operating Margin
-343.6%
Trailing twelve months
Free Cash Flow Yield
+0.8%
Distance from 200DMA
-26.6%
Next Earnings
2026-11-06
P/E
N/M
EV / Sales
14.4x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2025

Fundamentals & Valuation

0 of the one valuation perspectives say fair; intrinsic is the dissenting view.
American Battery Technology Company has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
ABAT operates a Nevada lithium-ion battery recycling facility that recovers battery metals and is advancing the Tonopah Flats Nevada lithium project and associated lithium-hydroxide refining capacity. ABAT Battery Materials Processing theme and has direct operating exposure rather than broad commodity adjacency.
Opportunity
High opportunity
Domestic processing, refining, and recycling capacity for lithium and other battery materials, supported by supply-chain localization, energy-security, and strategic-minerals policy.
Key risk
Commodity price volatility.

Narrative & Theme

Critical Minerals Supply Security
Part of Domestic Lithium and Battery Materials Processing, with strong fit.
ABAT Battery Materials Processing theme and has direct operating exposure rather than broad commodity adjacency.
Narrative HeatHeating up7.5 / 10
Theme HeatNeutral6.7 / 10

Business & Markets

Industrials · Waste Management
What they do

American Battery Technology Company explores and develops battery metal resources such as lithium, nickel, cobalt, and manganese in the U.S., and commercializes technologies for extraction, refining, and recycling of lithium-ion batteries.

How it earns

The company generates revenue primarily through project-based sales of battery metal materials and recycling services.

Products & services
Battery metal resource exploration
Battery metal extraction and refining technologies
Lithium-ion battery recycling process
Customers & end markets
Battery manufacturers
Electric vehicle industry
Clean energy sector
Market position

Niche player focused on integrated battery metal extraction and recycling technologies in the U.S. Market.

Demand drivers
High cyclicality

Due to dependence on commodity metal prices and demand cycles in electric vehicles and energy storage.