RecycLiCo Battery Materials (CVE:AMY) Stock Price Up 12.1% – Time to Buy?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) rose 12.1% during trading on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 126,400 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 277,105 shares. The stock had previously closed at C$0.17.

RecycLiCo Battery Materials Stock Performance

The stock has a market capitalization of C$48.65 million, a PE ratio of -10.28 and a beta of 4.88. The company’s fifty day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.10.

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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