RecycLiCo Battery Materials (AMY) AI Stock Analysis

RecycLiCo Battery Materials

(TSXV:AMY)

Select Model

Rating:44Neutral

Price Target:CAD 0.06▲(28.89% Upside)

Action:reiterated

Date:08/21/26

The overall score is held down primarily by very weak financials: no revenue, persistent losses, and heavy, worsening cash burn that increase execution and funding risk. Technical indicators add a modest drag, with the price below key longer-term moving averages and only neutral momentum. Valuation also weighs on the score, as negative earnings and no dividend leave little fundamental support for the share price.

Positive Factors

Moderate LeverageModerate leverage gives the company a stronger balance-sheet foundation than a highly indebted development-stage business, preserving some flexibility to fund commercialization. However, this support could weaken if ongoing cash losses require substantial new financing.

Negative Factors

No Reported RevenueZero reported revenue means the company has not yet proven customer demand, production scale, or commercial repeatability. Until sales begin and expand, the business remains dependent on financing and cannot demonstrate sustainable margins or self-funded growth.

RecycLiCo Battery Materials (AMY) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 11.65M
Dividend Yield: ―
Average Volume (3M): 100.83K
Price to Earnings (P/E): -18.8
Beta (1Y): 2.16
Revenue Growth: ―
EPS Growth: 86.05%
Country: Canada
Employees: 0
Sector: General
Sector Strength: 55
Industry: Industrial Materials

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 niobi...

How the Company Makes Money

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RecycLiCo Battery Materials Financial Statement Overview

Summary

Financial performance is very weak: the company is pre-revenue with recurring net losses, deeply negative and worsening operating and free cash flows, and ongoing equity erosion despite a relatively low-leverage balance sheet.

Income Statement

12Very Negative

Balance Sheet

38Negative

Cash Flow

9Very Negative

Financial statement breakdown
Breakdown	TTM	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021
Income Statement
Total Revenue	0	0	0	0	0	0
Gross Profit	-2,740	0	0	-13.29K	-32.08K	0
EBITDA	-1.11M	-488.88K	-5.57M	-9.01M	-11.22M	28.10K
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	0	0	0	0
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	369.60K	2.44M	20.31M	7.86M

RecycLiCo Battery Materials Technical Analysis

Technical Analysis SentimentNegative

Last Price0.04

Price Trends

50DMA0.05Negative

100DMA0.06Negative

200DMA0.08Negative

Market Momentum

MACD-0.00Negative

RSI25.65Positive

STOCH-0.00Positive

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 0.04 is above the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.05, and below the 200-day MA of 0.08, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 25.65 is Positive, neither overbought nor oversold. The STOCH value of -0.00 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

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TSE:AMY against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TSE:GMA	45Neutral	CAD 36.77M	75.86	5.99%	―	―	―
TSE:NMI	44Neutral	CAD 31.53M	-51.92	-2.33%	―	―	43.18%
TSE:AMY	44Neutral	CAD 11.65M	-18.75	-4.15%	―	―	86.05%
TSE:LCE	39Underperform	CAD 37.92M	-14.29	-4.21%	―	―	6.37%
TSE:LBNK	38Underperform	CAD 28.45M	-6.30	-71.25%	―	―	74.25%

* General Sector Average

Performance Comparison

TSE:AMY and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:AMY	Recyclico Battery Materials Inc.	0.04	-0.16	-77.50%
TSE:LCE	Century Lithium Corp	0.21	-0.07	-25.00%
TSE:GMA	Geomega Resources	0.22	-0.10	-31.25%
TSE:NMI	Namibia Critical Metals Inc	0.14	-0.08	-38.64%
TSE:LBNK	LithiumBank Resources Corp.	0.45	0.07	17.11%

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.

Date of analysis: Aug 21, 2026

RecycLiCo Battery Materials AI Stock Analysis