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

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

RecycLiCo Battery Materials Price Performance

The company has a market capitalization of C$36.26 million, a P/E ratio of -70.00 and a beta of 5.06. The business’s 50-day moving average price is C$0.18 and its two-hundred day moving average price is C$0.12.

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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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