RecycLiCo Battery Materials (CVE:AMY) Stock Price Down 28.1% – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price fell 28.1% during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.12. 1,962,092 shares changed hands during mid-day trading, an increase of 652% from the average session volume of 260,804 shares. The stock had previously closed at C$0.16.

RecycLiCo Battery Materials Stock Performance

The firm has a market capitalization of C$39.45 million, a PE ratio of -7.43 and a beta of 2.57. The company’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.06.

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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