RecycLiCo Battery Materials (CVE:AMY) Shares Up 33.3% – Still a Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price shot up 33.3% on Saturday . The stock traded as high as C$0.09 and last traded at C$0.08. 641,204 shares traded hands during mid-day trading, an increase of 359% from the average session volume of 139,718 shares. The stock had previously closed at C$0.06.

RecycLiCo Battery Materials Stock Performance

The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.08. The firm has a market cap of C$21.04 million, a PE ratio of -3.96 and a beta of 2.57.

RecycLiCo Battery Materials Company Profile

(Get Free Report)

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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