Nano One Materials Corp. (OTCMKTS:NNOMF – Get Free Report) shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $0.7165 and last traded at $0.7061. 52,684 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 85,098 shares. The stock had previously closed at $0.70.
Nano One Materials Price Performance
The firm’s fifty day simple moving average is $0.66 and its 200-day simple moving average is $0.87.
About Nano One Materials
Nano One Materials Corp. is a clean technology company focused on the development and scale-up of advanced cathode materials for lithium-ion batteries. Utilizing a proprietary, one-pot manufacturing process, the company aims to reduce the complexity, cost and environmental footprint of producing high-performance cathodes. Its patented approach is designed to improve material consistency, lower energy consumption and minimize waste compared with conventional multi-step synthesis methods.
The company’s technology platform supports a range of cathode chemistries, including lithium iron phosphate (LFP), nickel manganese cobalt oxide (NMC) and high-voltage spinel manganese (LNMO).
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