Atlantic Lithium Limited (OTCMKTS:ALLIF) Sees Significant Growth in Short Interest

Atlantic Lithium Limited (OTCMKTS:ALLIF – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 60 shares, a growth of ∞ from the May 14th total of 0 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 130,878 shares, the short-interest ratio is presently 0.0 days.

Atlantic Lithium Stock Performance

OTCMKTS ALLIF opened at $0.20 on Monday. The company has a market capitalization of $146.00 million, a PE ratio of -6.50 and a beta of -0.10. The business’s fifty day moving average is $0.21 and its 200 day moving average is $0.19. Atlantic Lithium has a fifty-two week low of $0.05 and a fifty-two week high of $0.28.

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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. The company was formerly known as IronRidge Resources Limited and changed its name to Atlantic Lithium Limited in November 2021. Atlantic Lithium Limited was incorporated in 2007 and is based in Sydney, Australia.

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