Nano One Materials (TSE:NANO) Reaches New 52-Week Low – Should You Sell?

Nano One Materials Corp. (TSE:NANO)’s stock price reached a new 52-week low during trading on Friday. The company traded as low as C$0.65 and last traded at C$0.66, with a volume of 32,953 shares. The stock had previously closed at C$0.69.

Nano One Materials Trading Down 4.3%

The company has a quick ratio of 23.54, a current ratio of 23.84 and a debt-to-equity ratio of 2.79. The firm has a 50 day moving average of C$0.82 and a 200 day moving average of C$0.85. The firm has a market cap of C$79.06 million, a PE ratio of -4.71 and a beta of -0.17.

Nano One Materials (TSE:NANO) last released its earnings results on Friday, November 13th. The company reported C($0.03) earnings per share (EPS) for the quarter.

Nano One Materials Company Profile

Nano One® Materials Corp. (Nano One) is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One’s platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates wastewater and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility.