Atlantic Lithium (OTC:ALLIF) Stock Price Down 17.9% – Should You Sell?

Atlantic Lithium Limited (OTC:ALLIFGet Free Report) shares dropped 17.9% on Tuesday . The company traded as low as $0.12 and last traded at $0.12. Approximately 11,144 shares were traded during trading, a decline of 58% from the average daily volume of 26,230 shares. The stock had previously closed at $0.14.

Atlantic Lithium Price Performance

The company’s 50-day simple moving average is $0.17 and its 200-day simple moving average is $0.18.

Atlantic Lithium Company Profile

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Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.

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