RecycLiCo Battery Materials (CVE:AMY) Shares Up 11.1% – Still a Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price shot up 11.1% on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 161,375 shares were traded during mid-day trading, an increase of 36% from the average session volume of 118,920 shares. The stock had previously closed at C$0.05.

RecycLiCo Battery Materials Stock Performance

The stock has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.09. The firm has a market cap of C$13.15 million, a PE ratio of -2.48 and a beta of 2.57.

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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