RecycLiCo Battery Materials (CVE:AMY) Sets New 52-Week Low – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 27304 shares trading hands. The stock had previously closed at C$0.04.

RecycLiCo Battery Materials Stock Performance

The stock’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market capitalization of C$10.36 million, a price-to-earnings ratio of -13.33 and a beta of 3.41. The company has a debt-to-equity ratio of 29.68, a quick ratio of 108.34 and a current ratio of 98.15.

RecycLiCo Battery Materials Company Profile

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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.

Further Reading

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