Nano One Materials (TSX:NANO) Stock Price Up 4.7% – Here’s Why

Nano One Materials Corp. (TSX:NANOGet Free Report)’s share price was up 4.7% during mid-day trading on Monday . The company traded as high as C$1.13 and last traded at C$1.12. Approximately 129,680 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 237,080 shares. The stock had previously closed at C$1.07.

Nano One Materials Price Performance

The stock has a market cap of C$106.66 million and a P/E ratio of -10.09. The company has a 50 day simple moving average of C$1.41 and a 200 day simple moving average of C$1.20. The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79.

About Nano One Materials

(Get Free Report)

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. The company was incorporated in 1987 and is headquartered in Burnaby, Canada.

Further Reading

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