RecycLiCo Battery Materials (CVE:AMY) Shares Down 13.8% – Should You Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) traded down 13.8% during mid-day trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares traded hands during mid-day trading, an increase of 56% from the average session volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Stock Performance

The company’s 50-day moving average price is C$0.18 and its 200 day moving average price is C$0.12. The stock has a market capitalization of C$32.37 million, a P/E ratio of -62.50 and a beta of 5.06.

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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