RecycLiCo Battery Materials (CVE:AMY) Shares Cross Below 50-Day Moving Average – Time to Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.07. RecycLiCo Battery Materials shares last traded at C$0.07, with a volume of 7,517 shares traded.

RecycLiCo Battery Materials Price Performance

The company has a current ratio of 116.66, a quick ratio of 108.34 and a debt-to-equity ratio of 28.54. The company has a market capitalization of C$16.83 million, a PE ratio of -32.50 and a beta of 3.53. The business’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.11.

About RecycLiCo Battery Materials

(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. The company is also involved in the exploration of interests in mineral resource projects in British Columbia, Canada; and Arizona, the United States.

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