Nano One Materials (TSE:NANO) Shares Up 1.2% – Should You Buy?

Nano One Materials Corp. (TSE:NANO – Get Free Report)’s stock price shot up 1.2% on Friday. The stock traded as high as C$0.88 and last traded at C$0.87. 39,320 shares traded hands during trading, a decline of 64% from the average session volume of 108,638 shares. The stock had previously closed at C$0.86.

Nano One Materials Stock Up 1.2%

The firm’s fifty day simple moving average is C$0.81 and its 200-day simple moving average is C$0.84. The company has a market cap of C$104.21 million, a PE ratio of -6.21 and a beta of -0.00. The company has a quick ratio of 23.54, a current ratio of 23.84 and a debt-to-equity ratio of 2.79.

Nano One Materials (TSE:NANO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The company reported C($0.04) earnings per share for the quarter.

About Nano One Materials

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Nano One® Materials Corp. (Nano One) is a process technology company changing how cathode active materials (CAMs) are produced for lithium-ion batteries. Nano One’s platform is built on a portfolio of patented processes, decades of manufacturing know-how and modular plant designs that enable scalable, cost-competitive and easier-to-permit CAM production with resilient supply chains. The technology eliminates wastewater and byproducts while enabling regionally sourced raw materials and reducing exposure to foreign supply chain volatility.

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