American Manganese (CVE:AMY) Share Price Passes Below Fifty Day Moving Average of $0.56

American Manganese Inc. (CVE:AMYGet Rating)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.56 and traded as low as C$0.51. American Manganese shares last traded at C$0.54, with a volume of 31,198 shares changing hands.

American Manganese Trading Up 1.9 %

The firm has a market cap of C$134.05 million and a P/E ratio of -6.00. The business’s fifty day moving average price is C$0.56 and its two-hundred day moving average price is C$0.65.

American Manganese Company Profile

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American Manganese Inc, a metals company, focuses on developing and commercializing a hydrometallurgical process for recycling lithium-ion batteries. The process provides the extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum. The company is also engaged in the acquisition, exploration, and development of interests in mineral resource projects.

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