American Lithium (OTCMKTS:AMLIF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.
American Lithium Stock Performance
Shares of AMLIF traded down $0.04 on Friday, hitting $0.58. 63,754 shares of the stock traded hands, compared to its average volume of 261,532. American Lithium has a 1 year low of $0.21 and a 1 year high of $0.91. The company has a market capitalization of $147.26 million, a price-to-earnings ratio of -14.42 and a beta of 1.56.
American Lithium Company Profile
American Lithium (OTCMKTS: AMLIF) is a publicly traded mineral exploration and development company focused on the discovery and advancement of lithium resources. The company’s core activities include exploration and drilling to define mineral resources, metallurgical test work to assess recoverability, and engineering and environmental studies aimed at advancing projects through permitting and toward potential production. American Lithium positions itself as a supplier to the battery materials supply chain, targeting demand from electric vehicle manufacturers and energy storage markets.
As an early- to mid-stage lithium developer, the company pursues project advancement through technical studies, stakeholder engagement and partnerships that can provide capital or operational expertise.
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