RecycLiCo Battery Materials (CVE:AMY) Shares Up 50% – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMY)’s stock price traded up 50% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.06. 2,374,958 shares changed hands during mid-day trading, an increase of 1,417% from the average session volume of 156,505 shares. The stock had previously closed at C$0.04.

RecycLiCo Battery Materials Price Performance

The stock has a market cap of C$13.15 million, a price-to-earnings ratio of -2.48 and a beta of 2.57. The firm has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.06.

RecycLiCo Battery Materials Company Profile

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.