RecycLiCo Battery Materials (CVE:AMY) Trading 11.1% Higher – Here’s Why

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price was up 11.1% during mid-day trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 161,375 shares traded 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 Stock Performance

The firm has a market cap of C$13.15 million, a price-to-earnings ratio of -2.48 and a beta of 2.57. The stock has a 50-day moving average of C$0.07 and a 200-day moving average of C$0.09.

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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