Advantage Lithium (CVE:AAL) had its target price upped by Eight Capital from C$1.90 to C$2.60 in a report released on Monday. Eight Capital’s price objective would indicate a potential upside of 356.14% from the company’s previous close.
AAL traded down C$0.02 during midday trading on Monday, reaching C$0.57. The company had a trading volume of 56,666 shares, compared to its average volume of 104,234. The stock has a market cap of $93.08 million and a price-to-earnings ratio of -12.95. Advantage Lithium has a 12-month low of C$0.41 and a 12-month high of C$1.17.
Advantage Lithium (CVE:AAL) last released its earnings results on Monday, December 31st. The company reported C($0.01) earnings per share for the quarter. On average, sell-side analysts expect that Advantage Lithium will post -0.0399999970370373 EPS for the current year.
Advantage Lithium Corp. engages in the acquisition, exploration, and development of lithium properties. The company owns a 75% interest in its flagship asset, Cauchari project located in the northern provinces of Jujuy, Salta, and Catamarca in Argentina. It also has acquired a 100% interest in four projects in Argentina.
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