RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report)’s stock price rose 11.1% during trading on Friday. The company traded as high as C$0.05 and last traded at C$0.05. Approximately 469,000 shares changed hands during mid-day trading, an increase of 406% from the average daily volume of 92,609 shares. The stock had previously closed at C$0.04.
RecycLiCo Battery Materials Stock Performance
The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07. The company has a quick ratio of 108.34, a current ratio of 98.15 and a debt-to-equity ratio of 29.68. The company has a market capitalization of C$11.65 million, a price-to-earnings ratio of -15.00 and a beta of 3.41.
RecycLiCo Battery Materials Company Profile
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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