RecycLiCo Battery Materials (CVE:AMY) Shares Cross Below Fifty Day Moving Average – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.06 and traded as low as C$0.05. RecycLiCo Battery Materials shares last traded at C$0.05, with a volume of 105,718 shares traded.

RecycLiCo Battery Materials Price Performance

The firm has a market cap of C$11.83 million, a price-to-earnings ratio of -2.23 and a beta of 2.57. The business has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.08.

About RecycLiCo Battery Materials

(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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