Nano One Materials (TSX:NANO) Stock Price Up 1.3% – Still a Buy?

Shares of Nano One Materials Corp. (TSX:NANOGet Free Report) rose 1.3% during trading on Thursday . The stock traded as high as C$0.80 and last traded at C$0.80. Approximately 108,895 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 237,080 shares. The stock had previously closed at C$0.79.

Nano One Materials Stock Performance

The firm’s 50-day moving average is C$0.95 and its 200 day moving average is C$1.21. The company has a debt-to-equity ratio of 2.79, a quick ratio of 23.54 and a current ratio of 23.85. The stock has a market cap of C$76.18 million and a PE ratio of -7.21.

About Nano One Materials

(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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