American Lithium Corp. (OTCMKTS:LIACF – Get Free Report)’s stock price rose 4.6% during trading on Thursday . The stock traded as high as $0.3466 and last traded at $0.3464. 54,814 shares traded hands during trading, a decline of 87% from the average daily volume of 432,060 shares. The stock had previously closed at $0.3312.
American Lithium Trading Up 4.6%
The company’s 50-day simple moving average is $0.32 and its 200-day simple moving average is $0.39. The stock has a market capitalization of $72.26 million, a price-to-earnings ratio of -3.15 and a beta of 1.48.
About American Lithium
American Lithium (OTCMKTS:LIACF) is a Canada-based mineral exploration company focused on the discovery, development and advancement of lithium-rich properties in North and South America. The company’s primary business activities center on identifying high-potential claystone and brine lithium deposits, conducting systematic exploration programs and advancing projects from early-stage exploration toward resource definition and eventual development. American Lithium’s work typically includes geological mapping, drilling, sampling and metallurgical testing to evaluate project economics and viability.
At the core of American Lithium’s portfolio is the TLC project in Clayton Valley, Nevada, where the company holds rights to claystone-hosted lithium mineralization immediately adjacent to a producing lithium mine.
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