American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Significant Growth in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLMGet Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 13,490 shares, a growth of 153.6% from the June 15th total of 5,319 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 80,038 shares, the short-interest ratio is currently 0.2 days.

American Lithium Minerals Stock Performance

OTCMKTS:AMLM opened at $0.07 on Wednesday. American Lithium Minerals has a one year low of $0.03 and a one year high of $0.27. The firm has a 50-day simple moving average of $0.07 and a 200-day simple moving average of $0.10.

About American Lithium Minerals

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American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.

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