RecycLiCo Battery Materials (CVE:AMY) Trading Down 13.8% – Should You Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price traded down 13.8% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 412,398 shares were traded during trading, an increase of 56% from the average session volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Price Performance

The firm has a market capitalization of C$36.26 million, a price-to-earnings ratio of -70.00 and a beta of 5.06. The business has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.12.

About RecycLiCo Battery Materials

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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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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