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Company price
0.045 CAD -0.01 ( 10.00%)
Last update at 2026-11-05T18:18:00Z
VOLUME
15817
Market Cap
23.31M

Momentum Score

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RecycLiCo Battery Materials Inc. engages in the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. It also involved in the acquisition, exploration, and development of interests in mineral resource projects in British Columbia, Canada; and the United States. The company was formerly known as American Manganese Inc. and changed its name to RecycLiCo Battery Materials Inc. in September 2022. RecycLiCo Battery Materials Inc. was incorporated in 1987 and is headquartered in Delta, Canada.

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Day Price Range
0.04
Low
0.05
High
52 Week Price Range
0.04
Low
0.30
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

American Manganese Inc is a Canadian company developing hydrometallurgical recycling processes for lithium-ion battery cathode materials to recover critical metals for reuse. Long-term growth may be supported by rising electric vehicle battery production, tightening supply of battery metals and regulatory pressure to increase recycling, making the company attractive for investors seeking exposure to battery-material recycling technology.

Key investment risks include technology scale-up and commercialization uncertainty, limited operating history and recurring financing requirements, plus competition and regulatory or permitting hurdles.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.05
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
-0.06M
Debt / Equity
-
ROE
-3.42%
Net Debt
-
ROCE
-13.26%
Diluted EPS TTM
-

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Income before tax -0.49M -5.47M -9.68M -11.31M -13.06M
Net income -0.49M -5.47M -9.68M -11.05M -12.73M
Selling general administrative 1.99M 5.03M 4.36M 7.45M 12.44M
Gross profit - - -0.01M -0.03M -
Ebit - - -9.69M -11.33M -26.14M
Ebitda - - -9.03M -11.22M -13.05M
Depreciation and amortization - - 0.67M 0.12M 13.09M
Operating income -2.17M -6.23M -9.98M -11.58M -13.38M
Other operating expenses - - 9.90M 11.32M 13.05M
Interest expense 0.00M 0.00M 0.00M 0.00M 0.00M
Interest income 0.55M 0.77M 0.88M 0.10M 0.00M
Net interest income 0.55M 0.77M 0.88M 0.10M -0.00M
Income tax expense - - -0.95M -0.27M -0.33M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 2.17M 6.23M 9.90M 11.32M 13.05M
Cost of revenue - - 0.01M 0.03M -
Total other income expense net 1.13M -0.01M -0.65M 0.26M 0.32M
Net income from continuing ops -0.49M -5.47M -9.68M -11.31M -13.06M
Net income applicable to common shares - - - -11.31M -13.06M
Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Total assets 16.42M 18.27M 19.89M 22.29M 7.44M
Other current assets - - - 0.02M 0.02M
Total liab 0.07M 0.08M 0.16M 0.20M 0.55M
Total stockholder equity 16.35M 18.19M 19.73M 22.09M 6.90M
Common stock - - - 52.35M 39.20M
Capital stock 58.15M 58.39M 57.70M 52.35M 39.20M
Retained earnings -80.84M -80.34M -74.87M -65.19M -53.88M
Other assets - - - 0.02M 0.04M
Cash 16.33M 17.12M 19.59M 21.29M 5.91M
Total current liabilities 0.07M 0.08M 0.16M 0.20M 0.55M
Other stockholder equity - - - 34.93M 21.58M
Property plant equipment - - - 0.65M 0.56M
Total current assets 16.41M 17.23M 19.87M 21.62M 6.84M
Long term investments 0.00M 1.02M - - -
Net tangible assets - - - 22.09M 6.90M
Net receivables - 0.00M 0.01M 0.20M 0.12M
Accounts payable 0.07M 0.07M 0.14M 0.18M 0.54M
Non currrent assets other 0.02M 0.02M 0.02M 0.02M 0.04M
Non current assets total 0.02M 1.04M 0.02M 0.67M 0.60M
Breakdown 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Type yearly yearly yearly yearly yearly
Date 2025-07-31 2024-07-31 2023-07-31 2022-07-31 2021-07-31
Investments 0.80M -1.03M -0.02M 0.02M 0.02M
Change to liabilities - - - -0.31M 0.37M
Total cashflows from investing activities - - - -0.22M -0.06M
Total cash from financing activities 0.00M 0.37M 2.44M 20.31M 7.86M
Change to operating activities - - - 0.69M -0.74M
Net income -0.49M -5.47M -9.68M -11.31M -13.06M
Change in cash -0.80M -2.46M -1.73M 15.39M 5.65M
Begin period cash flow 17.12M 19.59M 21.32M 5.93M 0.28M
End period cash flow 16.33M 17.12M 19.59M 21.32M 5.93M
Total cash from operating activities -1.60M -1.80M -4.15M -4.71M -2.16M
Issuance of capital stock 0.00M 0.37M 2.44M 20.31M 7.86M
Depreciation - - 0.67M 0.12M 0.12M
Change to account receivables - - -0.01M -0.09M -0.10M
Other cashflows from financing activities - - 2.44M 20.31M 7.86M
Change to netincome - - - 6.19M 11.38M
Capital expenditures 0.00M 0.00M 0.02M 0.24M 0.06M
Change in working capital 0.01M 0.09M -0.02M 0.30M -0.47M
Stock based compensation 0.02M 3.56M 2.98M 6.19M 11.38M
Other non cash items - - 2.56M 0.12M 11.47M
Free cash flow -1.60M -1.80M -4.17M -4.94M -2.21M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
AMY
American Manganese Inc
-0.01
10.00%
0.04 - - - 1.52 -16.25
SGML
Sigma Lithium Resources Corp
-0.42
5.30%
7.51 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
-0.10
7.87%
1.17 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
-0.13
6.34%
1.92 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
0.03
1.25%
2.43 - 1250.00 - 26.07 -7.01

Profile*

American Manganese Inc

RecycLiCo Battery Materials Inc. engages in the research and development of recycling battery cathode waste in lithium-ion batteries in Canada and the United States. It also involved in the acquisition, exploration, and development of interests in mineral resource projects in British Columbia, Canada; and the United States. The company was formerly known as American Manganese Inc. and changed its name to RecycLiCo Battery Materials Inc. in September 2022. RecycLiCo Battery Materials Inc. was incorporated in 1987 and is headquartered in Delta, Canada.

110 ? 7858 Hoskins Street, Delta, BC, Canada, V4G 1M4

778 574 4444

Name Title Year Born
Mr. Zarko Meseldzija CTO, CEO & Director NA
Mr. Shaheem Ali BBA, CGA CFO & Director NA
Mr. Shaheem Ali BBA, CGA Chief Financial Officer 1973
Mr. Richard Sadowsky CEO & Director NA
Mr. Anthony Mitchell Director of Marketing NA
Mr. Shaheem Ali BBA, CGA Chief Financial Officer 1974

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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