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Nano One Materials (TSX:NANO) Stock Price Up 1.3% - Here's Why

Nano One Materials logo with Basic Materials background

Nano One Materials Corp. (TSX:NANO - Get Free Report)'s stock price shot up 1.3% during trading on Thursday . The stock traded as high as C$0.80 and last traded at C$0.80. 108,895 shares traded hands during trading, a decline of 54% from the average session volume of 237,080 shares. The stock had previously closed at C$0.79.

Nano One Materials Stock Performance

The company has a current ratio of 23.85, a quick ratio of 23.54 and a debt-to-equity ratio of 2.79. The company's 50-day moving average is C$0.95 and its two-hundred day moving average is C$1.20. The stock has a market capitalization of C$79.04 million and a P/E ratio of -7.21.

Nano One Materials Company Profile

(Get Free Report)

Nano One Materials Corp. produces cathode active materials for lithium-ion battery applications in electric vehicles, energy storage systems, and consumer electronics. The company was incorporated in 1987 and is headquartered in Burnaby, Canada.

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