RecycLiCo Battery Materials (CVE:AMY) Trading Down 13.8% – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMY)’s share price was down 13.8% during trading on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares were traded during mid-day trading, an increase of 56% from the average daily volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Trading Up 21.7%

The firm has a 50-day moving average of C$0.18 and a two-hundred day moving average of C$0.12. The firm has a market cap of C$36.26 million, a price-to-earnings ratio of -70.00 and a beta of 5.06.

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.