American Lithium (OTCMKTS:LIACF) Trading Down 5.4% – What’s Next?

American Lithium Corp. (OTCMKTS:LIACFGet Free Report) dropped 5.4% during mid-day trading on Tuesday . The company traded as low as $0.62 and last traded at $0.63. Approximately 532,989 shares traded hands during trading, an increase of 23% from the average daily volume of 432,060 shares. The stock had previously closed at $0.67.

American Lithium Stock Performance

The company has a 50-day moving average of $0.70 and a 200-day moving average of $0.58. The stock has a market cap of $132.26 million, a price-to-earnings ratio of -5.76 and a beta of 1.48.

American Lithium Company Profile

(Get Free Report)

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.

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