RecycLiCo Battery Materials (CVE:AMY) Stock Price Down 28.1% – What’s Next?

Shares of RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) traded down 28.1% during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.12. 1,962,092 shares changed hands during mid-day trading, an increase of 652% from the average session volume of 260,804 shares. The stock had previously closed at C$0.16.

RecycLiCo Battery Materials Stock Performance

The company has a market cap of C$39.45 million, a PE ratio of -7.43 and a beta of 2.57. The stock has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.06.

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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