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Nano One Materials (TSE:NANO) Trading 3.3% Higher - Still a Buy?

Nano One Materials logo with Basic Materials background
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Key Points

  • TSE:NANO shares rose 3.3% to C$0.95 on Friday with roughly 154,216 shares traded, about an 11% increase versus average volume.
  • The company has a market cap of C$113.69M and reported a quarterly loss of C($0.03) per share, with a negative P/E of -9.50; balance-sheet metrics show very high current/quick ratios but a notable debt-to-equity of 2.79.
  • Nano One produces cathode active materials for lithium‑ion batteries used in electric vehicles and energy storage, positioning it in the EV battery supply chain.
  • Five stocks to consider instead of Nano One Materials.

Nano One Materials Corp. (TSE:NANO - Get Free Report)'s stock price rose 3.3% during mid-day trading on Friday . The stock traded as high as C$0.95 and last traded at C$0.95. Approximately 154,216 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 138,455 shares. The stock had previously closed at C$0.92.

Nano One Materials Trading Up 3.3%

The company has a 50-day moving average price of C$0.92 and a two-hundred day moving average price of C$1.19. The stock has a market cap of C$113.69 million, a P/E ratio of -9.50 and a beta of 0.22. The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79.

Nano One Materials (TSE:NANO - Get Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported C($0.03) earnings per share for the quarter.

About Nano One Materials

(Get Free Report)

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. The company was incorporated in 1987 and is headquartered in Burnaby, Canada.

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