RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report)’s share price dropped 28.1% during mid-day trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.12. Approximately 1,962,092 shares changed hands during trading, an increase of 652% from the average daily volume of 260,804 shares. The stock had previously closed at C$0.16.
RecycLiCo Battery Materials Stock Performance
The stock has a market capitalization of C$39.45 million, a P/E ratio of -7.43 and a beta of 2.57. The business has a fifty day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06.
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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