RecycLiCo Battery Materials (CVE:AMY) Shares Up 12.1% – Should You Buy?

Shares of RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shot up 12.1% during mid-day trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 126,400 shares traded hands during trading, a decline of 54% from the average session volume of 277,435 shares. The stock had previously closed at C$0.17.

RecycLiCo Battery Materials Stock Performance

The company has a market capitalization of C$48.65 million, a PE ratio of -10.28 and a beta of 4.88. The company has a 50 day moving average price of C$0.17 and a 200 day moving average price of C$0.10.

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.

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