RecycLiCo Battery Materials (CVE:AMY) Stock Price Up 33.3% – Should You Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares shot up 33.3% during trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.08. 641,204 shares changed hands during 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 stock has a market capitalization of C$21.04 million, a price-to-earnings ratio of -3.96 and a beta of 2.57. The company has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.08.

About RecycLiCo Battery Materials

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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.

Further Reading

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