Recently I sold a bunch I was holding in the 4 dollar cost avg. luckily I sold a lot off before the dip. And during this dip I’ve been making money in the memory Stocks.
I got back in the other day 1000 shares at 3.10. I’m stuck between holding at this low cost avg or selling on a 50 cent swing for +500.
What are your guys thoughts?
ABAT is reporting almost 8m$ quarter, positive gross margin. Immensely undervalued, should re-rate in the coming weeks.
Revenue growth of 64% quarter-over-quarter through ramp-up of critical mineral recycling facility, and significant advancements in development of critical mineral mine and refinery
Reno, Nev., May 11, 2026 -- American Battery Technology Company (NASDAQ: ABAT), an integrated domestic critical mineral company that is commercializing its internally-developed technologies for both primary critical mineral manufacturing and secondary critical mineral recycling, released the financial results for the third quarter of fiscal year 2026 (FY26) ended on March 31, 2026.
Over the quarter, American Battery Technology Company (ABTC) significantly ramped and streamlined operations at its Nevada critical mineral recycling facility and achieved record breaking revenue with a 64% increase quarter-over-quarter, while cost of goods sold increased only 11% over the same period, and correspondingly the Company achieved its first-ever positive gross margin. This substantial growth in the throughput of its recycling facility has allowed ABTC to capitalize on strong market conditions and solidify itself as one of the dominant critical mineral recyclers in the United States.
BlackRock and other large institutions continue increasing their positions in ABAT. The float is now 50% owned by tutes. There still appears to be large short interest, and hopefully we continue see that come down as they execute the buildout. Blackrock in total now owns 10.1 million ABAT shares.
Keep in mind, the market cap is only 400M right now.
(disclaimer..yes I used AI to write down my own thoughts.. but the content is mine)
link for the call: Third Quarter Fiscal Year 2026 Earnings Call
After reading the full ABAT earnings call transcript, I think the market may still be misunderstanding what this company is becoming.
This was NOT a “lithium hype” call.
Management spent the vast majority of the presentation talking about:
The most important numbers from the quarter were not just the record $7.8M revenue (+64% QoQ), but the fact that cash operating costs only increased ~11%.
That is the real story here.
For the first time, ABAT achieved positive gross margin at its Nevada recycling facility. Ryan Melsert specifically emphasized that “many startups never get to” this stage. To me, that was one of the most important moments of the call.
ABAT increasingly sounds like a company trying to transition from a speculative lithium story into a real industrial recycling and critical minerals manufacturing business.
Another detail that stood out was the AI/data center angle.
Management explicitly stated that a significant portion of recent feedstock came from large energy storage systems supporting data centers and AI infrastructure. That potentially opens a much broader narrative than just EV battery recycling.
The company also confirmed:
Meanwhile, the Tonopah Flats lithium project was discussed in a much more disciplined and less promotional tone:
No exaggerated timelines. No lithium price pumping. No overhype.
At the same time, risks absolutely remain:
But overall, this call felt materially different from prior quarters.
Honestly, this sounded much more like an early-stage industrial infrastructure company than a typical speculative lithium junior.
Not financial advice. Just my interpretation after reading the full transcript.
Long time supporter here and holding 20k+ shares in $6 average price. Just wanted to vent.
With all the positive momentum’s and growths, how is it price stuck at .30 to .50 cents movement.
