RecycLiCo Battery Materials (CVE:AMY) Trading Up 12.1% – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) traded up 12.1% during trading on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. 126,400 shares were traded during mid-day trading, a decline of 54% from the average session volume of 277,435 shares. The stock had previously closed at C$0.17.

RecycLiCo Battery Materials Trading Up 12.1%

The firm has a 50-day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.10. The company has a market capitalization of C$48.65 million, a price-to-earnings ratio of -10.28 and a beta of 4.88.

About RecycLiCo Battery Materials

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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.

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