American Lithium Corp. (CVE:LI – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.45 and traded as low as C$0.45. American Lithium shares last traded at C$0.46, with a volume of 195,537 shares.
American Lithium Stock Down 6.1%
The firm has a market capitalization of C$117.61 million, a price-to-earnings ratio of -11.50 and a beta of 1.91. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 5.37. The business’s 50 day moving average is C$0.45 and its 200-day moving average is C$0.55.
American Lithium Company Profile
American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.
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