American Lithium Corp. (CVE:LI – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.37 and last traded at C$0.37, with a volume of 272,855 shares traded. The stock had previously closed at C$0.39.
American Lithium Price Performance
The company has a 50 day simple moving average of C$0.44 and a 200 day simple moving average of C$0.49. The company has a quick ratio of 1.45, a current ratio of 5.37 and a debt-to-equity ratio of 0.10. The company has a market capitalization of C$94.60 million, a price-to-earnings ratio of -9.25 and a beta of 2.05.
American Lithium Company Profile
American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.
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