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RecycLiCo Battery Materials
(AMY)
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Rating:46Neutral
Price Target:
C$0.07
▼(-47.14% Downside)
Action:Reiterated
Date:07/09/26
The score is primarily constrained by weak financial performance (zero revenue, persistent losses, and ongoing cash burn—especially the sharp deterioration in TTM free cash flow), partially offset by moderate leverage and improving reported losses versus prior years. Technical signals are mixed (short-term improvement but longer-term downtrend), and valuation metrics offer limited support due to negative earnings and no dividend.
Positive Factors
Battery recycling business model
RecycLiCo’s core business targets recovery and upgrading of critical metals into battery‑ready precursors. This aligns with the multi-year structural tailwind from electrification and battery supply-chain localization, supporting sustained demand for recycling services and feedstock conversion.
Negative Factors
No revenue / unproven commercialization
The company has yet to generate revenue, meaning its processes remain unproven at scale and commercial execution risk is high. Without recurring sales, long-term viability depends on successful technology commercialization and new contracts, a binary, durable risk to the business model.
Read all positive and negative factors
Positive Factors
Negative Factors
Battery recycling business model
RecycLiCo’s core business targets recovery and upgrading of critical metals into battery‑ready precursors. This aligns with the multi-year structural tailwind from electrification and battery supply-chain localization, supporting sustained demand for recycling services and feedstock conversion.
Read all positive factors
RecycLiCo Battery Materials (AMY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$15.54M
Dividend YieldN/A
Average Volume (3M)387.85K
Price to Earnings (P/E)―
Beta (1Y)1.81
Revenue GrowthN/A
EPS Growth86.05%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding258,994,140
10 Day Avg. Volume601,104
30 Day Avg. Volume387,845
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)0.96
Price to Sales (P/S)0.00
P/FCF Ratio-9.83
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RecycLiCo Battery Materials Business Overview & Revenue Model
Company Description
RecycLiCo Battery Materials Inc. focuses on securing, exploring, and developing mineral resource projects throughout Canada and the United States. Its exploration efforts target deposits of manganese, gold, silver, copper, cobalt, tungsten, and ni...
How the Company Makes Money
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RecycLiCo Battery Materials Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.74K | 0.00 | 0.00 | -13.29K | -32.08K | 0.00 |
| EBITDA | -1.11M | -488.88K | -5.57M | -9.03M | -11.22M | -13.05M |
| Net Income | -641.81K | -492.22K | -5.47M | -9.68M | -11.31M | -13.06M |
Balance Sheet | ||||||
| Total Assets | 19.10M | 16.42M | 18.27M | 19.89M | 22.29M | 7.44M |
| Cash, Cash Equivalents and Short-Term Investments | 12.55M | 16.33M | 17.12M | 19.59M | 21.29M | 5.91M |
| Total Debt | 4.35M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.45M | 72.31K | 79.22K | 164.59K | 198.45K | 545.27K |
| Stockholders Equity | 14.65M | 16.35M | 18.19M | 19.73M | 22.09M | 6.90M |
Cash Flow | ||||||
| Free Cash Flow | -8.43M | -1.60M | -1.80M | -4.15M | -4.94M | -2.21M |
| Operating Cash Flow | -2.05M | -1.60M | -1.80M | -4.15M | -4.71M | -2.16M |
| Investing Cash Flow | -5.58M | 795.97K | -1.03M | -19.09K | -216.26K | -57.81K |
| Financing Cash Flow | 4.32M | 0.00 | 369.60K | 2.44M | 20.31M | 7.86M |
RecycLiCo Battery Materials Technical Analysis
Negative
0.14
Price Trends
0.07
Negative
0.08
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
44.43
Neutral
16.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AMY, the sentiment is Negative. The current price of 0.14 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.07, and above the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.43 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AMY.
RecycLiCo Battery Materials Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | C$46.03M | -20.90 | -3.42% | ― | ― | 27.81% | |
47 Neutral | C$29.38M | -8.23 | -51.29% | ― | ― | 81.71% | |
46 Neutral | C$15.54M | -25.00 | -5.19% | ― | ― | 86.05% | |
45 Neutral | C$43.45M | -100.00 | -7.53% | ― | 3425.98% | 81.88% | |
45 Neutral | C$39.71M | -42.50 | -3.27% | ― | ― | -60.00% |
* Basic Materials Sector Average
TSE:AMY
RecycLiCo Battery Materials
0.06
<0.01
20.00%
TSE:LCE
Century Lithium
0.26
-0.09
-26.09%
TSE:GMA
Geomega Resources
0.26
0.01
4.00%
TSE:NMI
Namibia Critical Metals Inc
0.17
0.08
88.89%
TSE:LBNK
LithiumBank Resources Corp.
0.46
0.15
46.03%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.