American Battery Tech

ABAT opened pre-market at $2.79, buoyed by the reinstatement of its $115 million DOE grant for a commercial-scale lithium refinery, then rallied to an intraday high of $2.895 during regular trading, up ~4.9% from the prior close of $2.76. Despite the strong catalyst, Q3 FY2026 revenue surged 697% YoY to $7.81 million but the net loss widened to $33.8 million ($-0.2566 EPS), deteriorating from a smaller loss a year earlier. The stock remains 74.8% below its 52-week high of $11.49 and below both the 20-day ($3.075) and 60-day ($3.215) moving averages, with a YTD decline of 21.76%, indicating persistent technical weakness despite the headline-driven gain.