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

Shares of RecycLiCo Battery Materials Inc. (CVE:AMYGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.06 and traded as low as C$0.06. RecycLiCo Battery Materials shares last traded at C$0.06, with a volume of 111,700 shares changing hands.

RecycLiCo Battery Materials Price Performance

The company has a debt-to-equity ratio of 29.68, a quick ratio of 108.34 and a current ratio of 98.15. The firm has a market capitalization of C$15.54 million, a P/E ratio of -20.00 and a beta of 3.40. The business’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.08.

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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