Shares of RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) dropped 4.5% on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11. 188,446 shares changed hands during mid-day trading, an increase of 88% from the average session volume of 100,401 shares. The stock had previously closed at C$0.11.
RecycLiCo Battery Materials Price Performance
The firm has a 50 day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.15. The stock has a market cap of C$25.90 million, a price-to-earnings ratio of -26.32 and a beta of 3.86.
About RecycLiCo Battery Materials
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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