RecycLiCo Battery Materials (CVE:AMY) Stock Price Down 10% – Time to Sell?

by · The Cerbat Gem

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price was down 10% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 265,156 shares traded hands during mid-day trading, an increase of 142% from the average daily volume of 109,643 shares. The stock had previously closed at C$0.05.

RecycLiCo Battery Materials Stock Performance

The stock has a market capitalization of C$13.15 million, a PE ratio of -2.48 and a beta of 2.57. The stock’s 50 day moving average is C$0.07 and its two-hundred day moving average is C$0.09.

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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