RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 22,826 shares, a drop of 44.2% from the April 30th total of 40,891 shares. Based on an average daily volume of 177,061 shares, the short-interest ratio is currently 0.1 days.
RecycLiCo Battery Materials Stock Up 1.5%
AMYZF opened at C$0.06 on Tuesday. The company has a fifty day simple moving average of C$0.06 and a 200 day simple moving average of C$0.08. RecycLiCo Battery Materials has a twelve month low of C$0.03 and a twelve month high of C$0.21.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials, trading under the ticker AMYZF on the OTCMKTS, is focused on the sustainable recovery of critical metals from spent lithium-ion batteries. The company develops and applies proprietary hydrometallurgical processes to recycle cobalt, lithium, nickel and other strategic elements that are essential for electric-vehicle and consumer electronics batteries. By transforming end-of-life battery components into high-purity battery chemicals, RecycLiCo seeks to create a closed-loop supply chain that reduces reliance on mined raw materials and minimizes environmental impact.
The company’s core activities include the collection and pre-treatment of battery feedstock, followed by leaching, solvent extraction and precipitation steps to isolate and refine individual metals.
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