RecycLiCo Battery Materials (CVE:AMY) Sets New 12-Month Low – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMY) reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 175500 shares traded. The stock had previously closed at C$0.06.

RecycLiCo Battery Materials Stock Performance

The company has a market capitalization of C$12.95 million, a price-to-earnings ratio of -16.67 and a beta of 3.41. The company has a quick ratio of 108.34, a current ratio of 98.15 and a debt-to-equity ratio of 29.68. The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07.

RecycLiCo Battery Materials Company Profile

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.