RecycLiCo Battery Materials (CVE:AMY) Shares Up 11.1% – Time to Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) was 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. Approximately 161,375 shares changed hands during trading, an increase of 34% from the average daily volume of 120,289 shares. The stock had previously closed at C$0.05.

RecycLiCo Battery Materials Price Performance

The firm’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.09. The company has a market capitalization of C$13.15 million, a P/E ratio of -2.48 and a beta of 2.57.

About RecycLiCo Battery Materials

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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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