American Lithium (OTCMKTS:AMLIF – Get Free Report) announced its quarterly earnings data on Wednesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.
American Lithium Stock Performance
AMLIF traded up $0.00 during trading on Wednesday, reaching $0.31. 73,814 shares of the stock were exchanged, compared to its average volume of 132,606. The company has a market cap of $80.12 million, a PE ratio of -31.34 and a beta of 1.77. American Lithium has a twelve month low of $0.26 and a twelve month high of $0.91. The business’s 50 day moving average price is $0.35.
About American Lithium
American Lithium (OTCMKTS: AMLIF) is a publicly traded mineral exploration and development company focused on the discovery and advancement of lithium resources. The company’s core activities include exploration and drilling to define mineral resources, metallurgical test work to assess recoverability, and engineering and environmental studies aimed at advancing projects through permitting and toward potential production. American Lithium positions itself as a supplier to the battery materials supply chain, targeting demand from electric vehicle manufacturers and energy storage markets.
As an early- to mid-stage lithium developer, the company pursues project advancement through technical studies, stakeholder engagement and partnerships that can provide capital or operational expertise.
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