Shares of RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) rose 33.3% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 641,204 shares were traded during mid-day trading, an increase of 359% from the average daily volume of 139,718 shares. The stock had previously closed at C$0.06.
RecycLiCo Battery Materials Stock Performance
The business has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.08. The firm has a market capitalization of C$21.04 million, a price-to-earnings ratio of -3.96 and a beta of 2.57.
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.
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