American Lithium Corp. (CVE:LI) Director Sells C$15,000.00 in Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of C$0.50, for a total value of C$15,000.00.

Claudia Tornquist also recently made the following trade(s):

• On Friday, September 20th, Claudia Tornquist sold 30,000 shares of American Lithium stock. The shares were sold at an average price of C$0.50, for a total value of C$15,000.00.

American Lithium Trading Up 1.8 %

American Lithium stock opened at C$0.56 on Wednesday. American Lithium Corp. has a 12 month low of C$0.44 and a 12 month high of C$1.99. The company has a quick ratio of 1.45, a current ratio of 5.35 and a debt-to-equity ratio of 0.07. The business has a 50 day moving average price of C$0.57 and a two-hundred day moving average price of C$0.77. The stock has a market cap of C$121.83 million, a price-to-earnings ratio of -3.29 and a beta of 2.22.

American Lithium (CVE:LI) last released its quarterly earnings results on Monday, July 15th. The company reported C($0.03) EPS for the quarter. As a group, equities analysts forecast that American Lithium Corp. will post -0.0691633 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on LI. National Bank Financial upgraded American Lithium to a “strong-buy” rating in a report on Thursday, June 6th. National Bankshares set a C$1.50 target price on American Lithium and gave the stock an “outperform” rating in a research report on Thursday, June 6th.

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.