RecycLiCo Battery Materials (CVE:AMY) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

RecycLiCo Battery Materials Inc. (CVE:AMY) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.08. RecycLiCo Battery Materials shares last traded at C$0.08, with a volume of 201,521 shares.

RecycLiCo Battery Materials Stock Performance

The business has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.11. The company has a quick ratio of 108.34, a current ratio of 116.66 and a debt-to-equity ratio of 28.54. The company has a market cap of C$19.42 million, a P/E ratio of -37.50 and a beta of 3.59.

RecycLiCo Battery Materials Company Profile

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.