RecycLiCo Battery Materials (CVE:AMY) Trading Down 9.1% – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) dropped 9.1% on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 124,482 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 86,114 shares. The stock had previously closed at C$0.11.

RecycLiCo Battery Materials Stock Performance

The business has a 50 day moving average of C$0.10 and a 200-day moving average of C$0.12. The company has a market capitalization of C$26.30 million, a P/E ratio of -3.67 and a beta of 2.57.

RecycLiCo Battery Materials Company Profile

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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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