RecycLiCo Battery Materials (CVE:AMY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.07 and traded as low as C$0.06. RecycLiCo Battery Materials shares last traded at C$0.06, with a volume of 10,003 shares traded.

RecycLiCo Battery Materials Stock Down 7.7%

The company has a market capitalization of C$15.54 million, a price-to-earnings ratio of -20.00 and a beta of 3.38. The stock’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.09. The company has a debt-to-equity ratio of 29.68, a current ratio of 98.15 and a quick ratio of 108.34.

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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