RecycLiCo Battery Materials (CVE:AMY) Shares Up 11.1% – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMY) shares shot up 11.1% during mid-day trading on Friday . The stock traded as high as C$0.05 and last traded at C$0.05. 161,375 shares traded hands during trading, an increase of 36% from the average session volume of 118,920 shares. The stock had previously closed at C$0.05.

RecycLiCo Battery Materials Trading Up 11.1 %

The company’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.09. The firm has a market capitalization of C$13.15 million, a P/E ratio of -2.48 and a beta of 2.57.

RecycLiCo Battery Materials Company Profile

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.