Atlantic Lithium Limited (OTCMKTS:ALLIF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 7,897 shares. Based on an average daily volume of 76,981 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Atlantic Lithium Stock Performance
ALLIF stock remained flat at $0.21 during midday trading on Friday. The company has a 50 day simple moving average of $0.19 and a 200-day simple moving average of $0.20. The stock has a market cap of $158.73 million, a P/E ratio of -21.20 and a beta of 0.10. Atlantic Lithium has a twelve month low of $0.08 and a twelve month high of $0.28.
Atlantic Lithium Company Profile
Atlantic Lithium is an Africa-focused mineral exploration and development company advancing lithium projects, with its main activities centered on identifying and developing resources for the battery materials market. Its flagship asset is the Ewoyaa Lithium Project in Ghana, where the company is working to develop a lithium operation and produce spodumene concentrate. Atlantic Lithium also holds exploration interests in Ghana and Côte d’Ivoire. The company was formerly known as IronRidge Resources and adopted the Atlantic Lithium name in 2021 to reflect its focus on lithium development in West Africa.
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