RecycLiCo Battery Materials (CVE:AMY) Shares Down 7.7% – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price was down 7.7% on Friday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 222,142 shares were traded during trading, a decline of 19% from the average daily volume of 272,635 shares. The stock had previously closed at C$0.20.

RecycLiCo Battery Materials Stock Down 7.7%

The stock has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.11. The company has a market capitalization of C$46.62 million, a price-to-earnings ratio of -90.00 and a beta of 4.88.

RecycLiCo Battery Materials Company Profile

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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.

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