Shares of RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) dropped 20% on Monday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 476,418 shares were traded during trading, an increase of 78% from the average daily volume of 266,956 shares. The stock had previously closed at C$0.15.
RecycLiCo Battery Materials Stock Performance
The firm has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06. The firm has a market cap of C$34.19 million, a P/E ratio of -6.44 and a beta of 2.57.
About RecycLiCo Battery Materials
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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