RecycLiCo Battery Materials (CVE:AMY) Trading Down 13.8% – Should You Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares traded down 13.8% on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. 412,398 shares were traded during 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 firm has a market capitalization of C$32.37 million, a P/E ratio of -62.50 and a beta of 5.06. The stock’s 50 day simple moving average is C$0.18 and its 200 day simple moving average is C$0.12.

RecycLiCo Battery Materials Company Profile

(Get Free Report)

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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