RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) dropped 10% on Thursday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 265,156 shares changed hands during trading, an increase of 142% from the average daily volume of 109,643 shares. The stock had previously closed at C$0.05.
RecycLiCo Battery Materials Price Performance
The business’s 50-day moving average is C$0.07 and its 200 day moving average is C$0.10. The firm has a market capitalization of C$13.15 million, a P/E ratio of -2.48 and a beta of 2.57.
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.
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