RecycLiCo Battery Materials (CVE:AMY) Shares Down 10% – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price traded down 10% during mid-day trading on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. 151,156 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 112,109 shares. The stock had previously closed at C$0.05.

RecycLiCo Battery Materials Stock Performance

The stock has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.10. The firm has a market capitalization of C$13.15 million, a P/E ratio of -2.48 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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