RecycLiCo Battery Materials (CVE:AMY) Trading Up 15% - What's Next?

Key Points

• RecycLiCo Battery Materials Inc. (CVE:AMY) saw its stock price increase by 15%, reaching C$0.23 during trading on Monday.
• The company focuses on recycling battery cathode waste in lithium-ion batteries, producing materials from various modern cathode chemistries.
• Despite the stock's rise, the trading volume was down 71% compared to its average daily volume, with only 83,096 shares traded.

RecycLiCo Battery Materials Inc. (CVE:AMY - )'s stock price was up 15% during trading on Monday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 83,096 shares were traded during trading, a decline of 71% from the average daily volume of 289,736 shares. The stock had previously closed at C$0.20.

RecycLiCo Battery Materials Trading Up 12.5%

The firm has a market cap of C$59.17 million, a price-to-earnings ratio of -12.50 and a beta of 5.04. The stock has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.08.

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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