RecycLiCo Battery Materials (CVE:AMY) Shares Pass Below Fifty Day Moving Average – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.13 and traded as low as C$0.11. RecycLiCo Battery Materials shares last traded at C$0.11, with a volume of 15,189 shares.

RecycLiCo Battery Materials Stock Down 4.5%

The company has a market cap of C$27.19 million, a PE ratio of -27.63 and a beta of 3.86. The business has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.14.

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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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