Shares of RecycLiCo Battery Materials Inc. (CVE:AMY – Get Free Report) rose 47.1% during mid-day trading on Saturday . The company traded as high as C$0.13 and last traded at C$0.13. Approximately 1,787,590 shares changed hands during trading, an increase of 685% from the average daily volume of 227,673 shares. The stock had previously closed at C$0.09.
RecycLiCo Battery Materials Price Performance
The stock’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.05. The company has a market capitalization of C$32.87 million, a P/E ratio of -6.19 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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