Ameriwest Lithium (OTCMKTS:AWLID) Stock Price Up 23.5% – Should You Buy?

Ameriwest Lithium Inc. (OTCMKTS:AWLIDGet Free Report) rose 23.5% during mid-day trading on Thursday . The stock traded as high as $0.30 and last traded at $0.30. Approximately 67,797 shares traded hands during trading, an increase of 53% from the average daily volume of 44,218 shares. The stock had previously closed at $0.2430.

Ameriwest Lithium Stock Down 9.6%

The firm’s 50-day simple moving average is $0.22 and its 200 day simple moving average is $0.21.

About Ameriwest Lithium

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Ameriwest Lithium Corp. (OTCMKTS:AWLID) is a mineral exploration and development company focused on identifying, acquiring and advancing lithium brine and hard‐rock assets in the United States. The company’s primary objective is to support the growing demand for lithium—a key component in the production of rechargeable batteries for electric vehicles, energy storage systems and portable electronics—by building a portfolio of strategically located assets with exploration and production potential.

Ameriwest’s flagship project is the Stateline Lithium Project in western Nevada, situated adjacent to established lithium-brine operations within the Clayton Valley region.

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