RecycLiCo Battery Materials (CVE:AMY) Trading 5.9% Higher – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report)’s share price shot up 5.9% during trading on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 121,389 shares were traded during mid-day trading, an increase of 87% from the average session volume of 64,938 shares. The stock had previously closed at C$0.09.

RecycLiCo Battery Materials Price Performance

The company has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.11. The stock has a market cap of C$24.98 million, a P/E ratio of -3.17 and a beta of 2.57.

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.

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