American Lithium Corp (CVE:LI) shares dropped 8.5% during trading on Thursday . The company traded as low as C$0.43 and last traded at C$0.43. Approximately 115,148 shares were traded during trading, an increase of 1% from the average daily volume of 114,250 shares. The stock had previously closed at C$0.47.

In related news, insider Michael Kobler sold 40,500 shares of the business’s stock in a transaction dated Monday, October 22nd. The stock was sold at an average price of C$0.69, for a total value of C$27,945.00.

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About American Lithium (CVE:LI)

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration for, and development of lithium deposits in the Americas. The company holds a 100% interest in the Fish Lake Valley project covering an area of 7,840 acres located in Esmeralda County, Nevada; and holds an option to acquire the San Emidio Project covering an area of 2,240 acres located in Washoe County in Nevada.

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