RecycLiCo Battery Materials (CVE:AMY) Stock Price Down 9.1% – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price dropped 9.1% on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 124,482 shares were traded during trading, an increase of 45% from the average daily volume of 86,114 shares. The stock had previously closed at C$0.11.

RecycLiCo Battery Materials Stock Down 9.1 %

The business has a 50-day moving average price of C$0.10 and a two-hundred day moving average price of C$0.12. The firm has a market cap of C$26.30 million, a PE ratio of -3.33 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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