RecycLiCo Battery Materials (CVE:AMY) Stock Passes Below 50 Day Moving Average – Time to Sell?

RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.07 and traded as low as C$0.05. RecycLiCo Battery Materials shares last traded at C$0.05, with a volume of 32,000 shares.

RecycLiCo Battery Materials Price Performance

The business has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.09. The stock has a market capitalization of C$13.15 million, a P/E ratio of -2.48 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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