RecycLiCo Battery Materials (CVE:AMY) Shares Down 13.8% – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price was down 13.8% on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares traded hands during trading, an increase of 56% from the average daily volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Stock Up 21.7%

The firm’s fifty day simple moving average is C$0.18 and its 200-day simple moving average is C$0.12. The company has a market cap of C$36.26 million, a PE ratio of -70.00 and a beta of 5.06.

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.

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