American Lithium Corp. (NASDAQ:AMLI) Short Interest Update

American Lithium Corp. (NASDAQ:AMLI) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 1,210,000 shares, a decrease of 16.0% from the October 15th total of 1,440,000 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 591,000 shares, the short-interest ratio is currently 2.0 days.

American Lithium Price Performance

AMLI opened at $0.71 on Friday. The business’s 50-day moving average price is $0.64 and its two-hundred day moving average price is $0.58. American Lithium has a 1 year low of $0.32 and a 1 year high of $1.29. The company has a market capitalization of $154.88 million, a price-to-earnings ratio of -7.11 and a beta of 1.47.

American Lithium (NASDAQ:AMLI) last issued its quarterly earnings results on Wednesday, October 16th. The company reported ($0.02) earnings per share (EPS) for the quarter. Sell-side analysts anticipate that American Lithium will post -0.08 earnings per share 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.