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

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

RecycLiCo Battery Materials Stock Performance

The stock’s fifty day simple moving average is C$0.18 and its two-hundred day simple moving average is C$0.12. The company has a market capitalization of C$32.37 million, a price-to-earnings ratio of -62.50 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.

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