RecycLiCo Battery Materials (CVE:AMY) Trading 33.3% Higher – Should You Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price shot up 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.09 and last traded at C$0.08. 641,204 shares were traded 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 Trading Up 33.3 %

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 stock has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.08.

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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