Insider Selling: American Lithium Corp. (CVE:LI) Director Sells 100,000 Shares of Stock

American Lithium Corp. (CVE:LI) Director George Binninger sold 100,000 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of C$1.01, for a total transaction of C$101,000.00.

American Lithium Stock Performance

CVE:LI opened at C$1.04 on Thursday. The company’s 50-day moving average is C$0.84 and its two-hundred day moving average is C$0.79. American Lithium Corp. has a 1-year low of C$0.44 and a 1-year high of C$1.74. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.35 and a quick ratio of 1.45. The firm has a market capitalization of C$226.26 million, a price-to-earnings ratio of -5.88 and a beta of 2.30.

American Lithium (CVE:LI) last released its quarterly earnings data on Wednesday, October 16th. The company reported C($0.03) EPS for the quarter. Analysts forecast that American Lithium Corp. will post -0.0691633 EPS for the current year.

American Lithium Company Profile

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include 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.