RecycLiCo Battery Materials (CVE:AMY) Reaches New 52-Week Low – Should You Sell?

Shares of RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) reached a new 52-week low on Tuesday. The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 261,681 shares trading hands. The stock had previously closed at C$0.04.

RecycLiCo Battery Materials Price Performance

The stock has a market cap of C$10.36 million, a price-to-earnings ratio of -13.33 and a beta of 3.62. The company has a debt-to-equity ratio of 29.68, a quick ratio of 108.34 and a current ratio of 98.15. The company has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.07.

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. 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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