RecycLiCo Battery Materials (CVE:AMY) Shares Up 11.1% – Here’s Why
by Mitch Edgeman · The Markets DailyRecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) rose 11.1% during trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 161,375 shares changed hands during mid-day trading, an increase of 34% from the average daily volume of 120,289 shares. The stock had previously closed at C$0.05.
RecycLiCo Battery Materials Stock Performance
The firm has a market cap of C$13.15 million, a PE ratio of -2.48 and a beta of 2.57. The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.09.
About RecycLiCo Battery Materials
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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