RecycLiCo Battery Materials (CVE:AMY) Trading Down 13.8% – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) was down 13.8% during trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares traded hands during trading, an increase of 56% from the average daily volume of 264,128 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Trading Down 13.8%

The stock’s 50 day moving average price is C$0.18 and its two-hundred day moving average price is C$0.12. The firm has a market capitalization of C$32.37 million, a price-to-earnings 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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