RecycLiCo Battery Materials (CVE:AMY) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMY)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.11 and traded as low as C$0.09. RecycLiCo Battery Materials shares last traded at C$0.09, with a volume of 98,702 shares trading hands.

RecycLiCo Battery Materials Stock Down 5.6%

The company has a market cap of C$22.01 million, a P/E ratio of -22.37 and a beta of 3.41. The stock has a 50 day moving average price of C$0.11 and a two-hundred day moving average price of C$0.14.

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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.