RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 47,761 shares, a growth of 109.2% from the May 14th total of 22,826 shares. Based on an average daily volume of 181,679 shares, the days-to-cover ratio is presently 0.3 days.
RecycLiCo Battery Materials Trading Down 2.3%
RecycLiCo Battery Materials stock opened at C$0.05 on Friday. The stock has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.08. RecycLiCo Battery Materials has a 52 week low of C$0.03 and a 52 week high of C$0.21.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials, trading under the ticker AMYZF on the OTCMKTS, is focused on the sustainable recovery of critical metals from spent lithium-ion batteries. The company develops and applies proprietary hydrometallurgical processes to recycle cobalt, lithium, nickel and other strategic elements that are essential for electric-vehicle and consumer electronics batteries. By transforming end-of-life battery components into high-purity battery chemicals, RecycLiCo seeks to create a closed-loop supply chain that reduces reliance on mined raw materials and minimizes environmental impact.
The company’s core activities include the collection and pre-treatment of battery feedstock, followed by leaching, solvent extraction and precipitation steps to isolate and refine individual metals.
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