RecycLiCo Battery Materials (CVE:AMY) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

by · The Markets Daily

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.10 and traded as low as C$0.07. RecycLiCo Battery Materials shares last traded at C$0.07, with a volume of 13,000 shares changing hands.

RecycLiCo Battery Materials Stock Performance

The firm’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.10. The company has a current ratio of 98.15, a quick ratio of 108.34 and a debt-to-equity ratio of 29.68. The company has a market cap of C$18.13 million, a P/E ratio of -35.00 and a beta of 3.38.

RecycLiCo Battery Materials Company Profile

(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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