RecycLiCo Battery Materials (CVE:AMY) Trading Down 9.1% – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price traded down 9.1% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 124,482 shares were traded during trading, an increase of 45% from the average session volume of 86,114 shares. The stock had previously closed at C$0.11.

RecycLiCo Battery Materials Stock Performance

The business has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.12. The firm has a market capitalization of C$26.30 million, a P/E ratio of -3.67 and a beta of 2.57.

RecycLiCo Battery Materials Company Profile

(Get Free Report)

RecycLiCo Battery Materials Inc focuses on the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. Its RecycLiCo process produces battery ready materials from modern cathode chemistries, such as Lithium Iron Phosphate, Lithium Manganese Oxide, Nickel Manganese Cobalt, Nickel Cobal Aluminum, and Lithium Cobalt Oxide.

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