RecycLiCo Battery Materials (CVE:AMY) Stock Price Down 13.8% – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMY)’s share price was down 13.8% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 412,398 shares changed hands during trading, an increase of 56% from the average daily volume of 264,428 shares. The stock had previously closed at C$0.15.

RecycLiCo Battery Materials Trading Down 13.8%

The company has a market capitalization of C$32.37 million, a P/E ratio of -62.50 and a beta of 5.06. The business’s 50-day simple moving average is C$0.18 and its 200 day simple moving average is C$0.12.

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.