American Lithium Corp. (CVE:LI – Get Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.45 and traded as low as C$0.45. American Lithium shares last traded at C$0.46, with a volume of 195,537 shares changing hands.
American Lithium Trading Down 6.1%
The company has a debt-to-equity ratio of 0.10, a current ratio of 5.37 and a quick ratio of 1.45. The firm has a market cap of C$117.61 million, a PE ratio of -11.50 and a beta of 1.91. The company’s 50 day moving average price is C$0.45 and its 200 day moving average price is C$0.55.
About American Lithium
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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