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

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price was down 13.8% during mid-day trading on Wednesday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares traded hands during mid-day 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 Trading Down 13.8%

The firm’s fifty day moving average is C$0.18 and its 200 day moving average is C$0.12. The company has a market cap of C$32.37 million, a PE ratio of -62.50 and a beta of 5.06.

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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