RecycLiCo Battery Materials (CVE:AMY) Shares Down 6.7% – Time to Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares fell 6.7% during mid-day trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. 206,843 shares were traded during mid-day trading, an increase of 101% from the average session volume of 103,119 shares. The stock had previously closed at C$0.08.

RecycLiCo Battery Materials Price Performance

The firm has a 50-day simple moving average of C$0.10 and a 200 day simple moving average of C$0.14. The stock has a market capitalization of C$19.42 million, a P/E ratio of -19.74 and a beta of 3.41.

About RecycLiCo Battery Materials

(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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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