RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) shares dropped 14.3% during mid-day trading on Wednesday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 144,909 shares changed hands during mid-day trading, an increase of 56% from the average daily volume of 92,604 shares. The stock had previously closed at C$0.07.
RecycLiCo Battery Materials Price Performance
The stock has a market cap of C$18.41 million, a price-to-earnings ratio of -2.33 and a beta of 2.57. The company’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.11.
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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