American Lithium Corp. (CVE:LI – Get Free Report) rose 3.8% during mid-day trading on Thursday. The company traded as high as C$0.41 and last traded at C$0.41. Approximately 61,309 shares traded hands during trading, a decline of 71% from the average daily volume of 208,288 shares. The stock had previously closed at C$0.40.
American Lithium Stock Up 3.8%
The firm has a market cap of C$104.82 million, a P/E ratio of -10.25 and a beta of 2.05. The firm’s fifty day moving average is C$0.43 and its 200 day moving average is C$0.50. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.45 and a current ratio of 5.37.
American Lithium Company Profile
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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