American Lithium (OTCMKTS:LIACF) Shares Down 5.4% – Here’s Why

American Lithium Corp. (OTCMKTS:LIACFGet Free Report) dropped 5.4% on Tuesday . The stock traded as low as $0.62 and last traded at $0.63. 532,989 shares traded hands during trading, an increase of 23% from the average session volume of 432,060 shares. The stock had previously closed at $0.67.

American Lithium Price Performance

The company has a market cap of $127.25 million, a price-to-earnings ratio of -5.55 and a beta of 1.48. The business has a 50 day simple moving average of $0.71 and a 200 day simple moving average of $0.58.

American Lithium Company Profile

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American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.

Further Reading

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