RecycLiCo Battery Materials Inc. (OTCMKTS:AMYZF – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 36,949 shares, an increase of 61.9% from the September 30th total of 22,826 shares. Based on an average daily volume of 289,815 shares, the days-to-cover ratio is presently 0.1 days.
RecycLiCo Battery Materials Stock Up 3.5%
Shares of AMYZF opened at C$0.03 on Wednesday. The firm’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.05. RecycLiCo Battery Materials has a 1-year low of C$0.02 and a 1-year high of C$0.15.
RecycLiCo Battery Materials Company Profile
RecycLiCo Battery Materials is a Canadian company developing technology to recycle lithium-ion batteries and battery-manufacturing scrap. Its hydrometallurgical process is designed to recover valuable metals, including lithium, nickel, cobalt and manganese, from battery materials.
The company’s RecycLiCo process aims to produce high-purity materials that can be returned to the battery supply chain. RecycLiCo focuses on developing and commercializing this recycling technology rather than describing itself as a large-scale battery recycler.
The company previously operated as American Manganese Inc before adopting the RecycLiCo Battery Materials name.
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