RecycLiCo Battery Materials (CVE:AMY) Trading 33.3% Higher – What’s Next?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) was up 33.3% on Saturday . The company traded as high as C$0.09 and last traded at C$0.08. Approximately 641,204 shares were traded during mid-day trading, an increase of 359% from the average daily volume of 139,718 shares. The stock had previously closed at C$0.06.

RecycLiCo Battery Materials Stock Up 33.3 %

The company has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.08. The firm has a market capitalization of C$21.04 million, a price-to-earnings ratio of -3.96 and a beta of 2.57.

About RecycLiCo Battery Materials

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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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