RecycLiCo Battery Materials (CVE:AMY) Shares Down 14.8% – Time to Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price fell 14.8% during mid-day trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.12. 762,606 shares traded hands during trading, an increase of 179% from the average session volume of 273,786 shares. The stock had previously closed at C$0.14.

RecycLiCo Battery Materials Stock Down 14.8%

The stock has a market cap of C$30.24 million, a P/E ratio of -5.69 and a beta of 2.57. The business has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06.

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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