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RecycLiCo Battery Materials (CVE:AMY) Trading Down 14.9% - Time to Sell?

RecycLiCo Battery Materials logo with Basic Materials background

Key Points

  • RecycLiCo Battery Materials Inc. shares plummeted by 14.9%, trading at C$0.20 after a mid-day decrease.
  • The company has a market capitalization of C$52.60 million and a price-to-earnings ratio of -11.11.
  • RecycLiCo focuses on recycling materials from lithium-ion battery cathodes, producing ready-to-use materials from various modern chemistries.
  • Five stocks to consider instead of RecycLiCo Battery Materials.

RecycLiCo Battery Materials Inc. (CVE:AMY - Get Free Report) shares traded down 14.9% during mid-day trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 455,636 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 289,940 shares. The stock had previously closed at C$0.24.

RecycLiCo Battery Materials Trading Down 14.9%

The stock has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.08. The company has a market capitalization of C$52.60 million, a price-to-earnings ratio of -11.11 and a beta of 5.04.

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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