American Lithium (OTCMKTS:AMLIF – Get Free Report) released its earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports.
American Lithium Stock Performance
Shares of American Lithium stock opened at $0.32 on Friday. The firm has a market cap of $81.17 million, a price-to-earnings ratio of -10.58 and a beta of 1.74. The company has a 50 day moving average price of $0.40. American Lithium has a 52-week low of $0.24 and a 52-week high of $0.91.
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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