American Lithium (OTCMKTS:AMLIF) Issues Quarterly Earnings Results

American Lithium (OTCMKTS:AMLIF – Get Free Report) released its earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.

American Lithium Stock Performance

OTCMKTS AMLIF traded down $0.01 during mid-day trading on Friday, reaching $0.23. 93,077 shares of the stock were exchanged, compared to its average volume of 125,690. The stock has a market capitalization of $60.15 million, a PE ratio of -7.78 and a beta of 1.93. American Lithium has a 1-year low of $0.18 and a 1-year high of $0.70. The business’s fifty day simple moving average is $0.30 and its 200 day simple moving average is $0.39.

About American Lithium

(Get Free Report)

American Lithium Corp. is a mineral exploration and development company focused on advancing lithium projects in the United States and Peru. The company is developing resources intended to support the production of lithium compounds used in rechargeable batteries and electric vehicles.

Its principal U.S. asset is the Tonopah Lithium Claims project in Nevada, which is located in the lithium-producing region of the western United States. In Peru, American Lithium owns the Falchani Lithium Project and the Macusani Uranium Project in the Puno region.

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