RecycLiCo Battery Materials (CVE:AMY) Stock Price Up 18.2% – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) was up 18.2% during trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 144,956 shares changed hands during trading, an increase of 69% from the average session volume of 85,748 shares. The stock had previously closed at C$0.06.

RecycLiCo Battery Materials Price Performance

The firm has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.09. The company has a market capitalization of C$14.24 million, a price-to-earnings ratio of -18.33 and a beta of 3.38. The company has a current ratio of 98.15, a quick ratio of 108.34 and a debt-to-equity ratio of 29.68.

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. 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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