Andrew William Bowering Sells 50,000 Shares of American Lithium Corp. (CVE:LI) Stock

American Lithium Corp. (CVE:LI) Director Andrew William Bowering sold 50,000 shares of the business’s stock in a transaction on Thursday, October 10th. The stock was sold at an average price of C$1.11, for a total transaction of C$55,500.00.

American Lithium Trading Up 16.0 %

Shares of American Lithium stock traded up C$0.17 during trading on Friday, hitting C$1.23. The company’s stock had a trading volume of 788,094 shares, compared to its average volume of 187,048. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.35 and a quick ratio of 1.45. American Lithium Corp. has a 52 week low of C$0.44 and a 52 week high of C$1.81. The stock has a market cap of C$267.60 million, a price-to-earnings ratio of -6.88 and a beta of 2.22. The stock has a 50-day moving average price of C$0.59 and a two-hundred day moving average price of C$0.76.

American Lithium (CVE:LI) last issued its quarterly earnings results on Monday, July 15th. The company reported C($0.03) EPS for the quarter. Equities research analysts anticipate that American Lithium Corp. will post -0.0691633 EPS for the current fiscal year.

About American Lithium

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on 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.