RecycLiCo Battery Materials (AMY) AI Stock Analysis

• Market Cap: C$17.09M
• Dividend Yield: N/A
• Average Volume (3M): 161.16K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.70
• Revenue Growth: N/A
• EPS Growth: 52.14%
• Country: CA
• Employees: 5
• Sector: Basic Materials
• Sector Strength: 64
• Industry: Industrial Materials
• EPS (TTM): -0.02
• Shares Outstanding: 262,994,140
• 10 Day Avg. Volume: 186,036
• 30 Day Avg. Volume: 161,160
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

RecycLiCo's stock score reflects significant financial challenges due to lack of revenue, impacting its profitability and growth potential. While the balance sheet is strong, ongoing operational losses and inconsistent cash flow are concerns. Technical indicators show momentum but warn of overbought conditions. Recent corporate events suggest potential strategic growth, but current valuation remains unattractive due to negative profitability metrics.

RecycLiCo Battery Materials Business Overview & Revenue Model

Company Description

RecycLiCo Battery Materials Inc. engages in the acquisition, exploration, and development of interests in mineral resource projects in Canada and the United States. It is also involved in the research and development of recycling battery cathode waste in lithium-ion batteries. The company explores for manganese, gold, silver, copper, cobalt, tungsten, and niobium deposits. It owns 100% interests in the Rocher Deboule property covering an area of approximately 1,441 hectares located in British Columbia; and the Lonnie property, which covers approximately 674 hectares located in British Columbia. The company also has interests in the Artillery Peak project comprising 30 unpatented mineral claims covering approximately 600 acres, and 13 patented surface estates located in Arizona. The company was formerly known as American Manganese Inc. and changed its name to RecycLiCo Battery Materials Inc. in October 2022. RecycLiCo Battery Materials Inc. was incorporated in 1987 and is headquartered in Surrey, Canada.

How the Company Makes Money

RecycLiCo Battery Materials generates revenue through its proprietary recycling processes that recover high-value materials from used lithium-ion batteries. The company monetizes its technology by processing battery waste to extract and sell recovered materials like lithium, cobalt, and nickel, which are in high demand for the production of new batteries. Additionally, RecycLiCo may engage in strategic partnerships with battery manufacturers and recyclers, leveraging its technology to provide recycling solutions and share in the profits generated from recovered materials. The company's revenue streams are strengthened by the growing demand for electric vehicles and renewable energy storage solutions, which drive the need for sustainable recycling methods for battery components.

RecycLiCo Battery Materials Financial Statement Overview

Summary

RecycLiCo Battery Materials faces significant challenges in generating revenue, impacting its profitability and growth potential. Despite a strong balance sheet with no debt and adequate cash reserves, the company experiences ongoing operational losses. Cash flow management shows some improvement, but the lack of revenue and reliance on external funding are major concerns for long-term viability.

Income Statement

RecycLiCo Battery Materials has not generated any revenue over the reported periods, which limits the ability to calculate crucial profitability margins. The consistent net losses and negative EBIT and EBITDA reflect substantial operational challenges. The company's financial performance has shown no revenue growth trajectory, indicating potential difficulties in market penetration or product commercialization.

Balance Sheet

The company maintains a healthy balance sheet with no debt and strong cash reserves, reflected in a positive equity position. The debt-to-equity ratio is favorable at zero, and the equity ratio remains high, showcasing a solid financial foundation. However, the lack of revenue and continued operational losses pose a risk to long-term sustainability despite the current balance sheet strength.

Cash Flow

RecycLiCo Battery Materials has shown improvement in operating cash flow from highly negative values to a positive figure in the latest TTM period, suggesting better cash management. However, free cash flow remains inconsistent, and the dependency on external financing is notable. The transition from negative to positive operating cash flow is a positive sign, though sustainability of this trend is uncertain given the lack of revenue.

Breakdown
Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	-13.29K	-32.08K	0.00	0.00
	EBIT
-6.23M	-9.98M	-11.58M	-13.38M	2.08M
	EBITDA
-5.57M	-9.03M	-11.22M	0.00	3.07M
	Net Income Common Stockholders
-5.47M	-9.68M	-11.05M	-12.73M	-3.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
17.12M	19.59M	21.29M	5.91M	256.95K
	Total Assets
18.27M	19.89M	22.29M	7.44M	861.03K
	Total Debt
0.00	0.00	0.00	0.00	0.00
	Net Debt
-17.12M	-19.59M	-21.29M	-5.91M	-256.95K
	Total Liabilities
79.22K	164.59K	198.45K	545.27K	143.69K
	Stockholders Equity
18.19M	19.73M	22.09M	6.90M	717.34K
Cash Flow		Free Cash Flow
-1.80M	-4.15M	-4.94M	-2.21M	-858.68K
	Operating Cash Flow
-1.80M	-4.15M	-4.71M	-2.16M	-812.50K
	Investing Cash Flow
-1.03M	-19.09K	-216.26K	-57.81K	-46.17K
	Financing Cash Flow
369.60K	2.44M	20.31M	7.86M	655.72K

RecycLiCo Battery Materials Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.07
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AMY, the sentiment is Positive. The current price of 0.07 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.09, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.19 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:AMY.

RecycLiCo Battery Materials Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.93B	-1.47	-21.02%	3.74%	0.80%	-29.57%
AMY	45 Neutral	C$17.09M	―	-25.82%	―	―	52.14%
SURG	41 Neutral	C$30.55M	―	-3.82%	―	―	57.39%

RecycLiCo Battery Materials Corporate Events

RecycLiCo Terminates Joint Venture with Zenith Chemical, Refocuses on Global Strategy

RecycLiCo Battery Materials Inc. announced the mutual termination of its joint venture with Zenith Chemical Corporation for a battery recycling facility in Taiwan. The decision, influenced by changing market conditions and increased costs, allows RecycLiCo to strengthen its cash position and focus on its global commercialization strategy, enhancing its scientific capacity and exploring strategic investments in complementary technologies.

Spark’s Take on TSE:AMY Stock

According to Spark, TipRanks’ AI Analyst, TSE:AMY is a Neutral.

RecycLiCo’s stock score reflects significant financial challenges due to lack of revenue, impacting its profitability and growth potential. While the balance sheet is strong, ongoing operational losses and inconsistent cash flow are concerns. Technical indicators show momentum but warn of overbought conditions. Recent corporate events suggest potential strategic growth, but current valuation remains unattractive due to negative profitability metrics.

To see Spark’s full report on TSE:AMY stock, click here.

RecycLiCo Partners with PRA Communications for Strategic Growth

RecycLiCo Battery Materials Inc. has engaged PRA Communications to lead its corporate communications and stakeholder engagement as it enters a new phase of growth and commercialization. This partnership is expected to enhance RecycLiCo’s visibility and strengthen stakeholder relationships, aligning with its mission to position its recycling and upcycling technology as a leading solution in the circular economy and global energy transition.

RecycLiCo Partners with Fusion Projects for New Lab and Plant Development

RecycLiCo Battery Materials has engaged Fusion Projects to assist in selecting a site for a new laboratory and demonstration plant in the Vancouver area. This initiative is part of RecycLiCo’s strategy to enhance its technical resources and support long-term growth by establishing dedicated lab and plant infrastructure. The collaboration aims to deepen RecycLiCo’s internal capabilities in upcycling technology and critical mineral recovery, potentially increasing opportunities for grants and cooperative funding.