American Lithium Corp. (NASDAQ:AMLI) Short Interest Update

American Lithium Corp. (NASDAQ:AMLI) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,430,000 shares, a growth of 31.2% from the November 30th total of 1,090,000 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 822,500 shares, the days-to-cover ratio is presently 1.7 days.

American Lithium Stock Performance

Shares of AMLI traded up $0.01 during mid-day trading on Friday, reaching $0.38. The company had a trading volume of 1,281,379 shares, compared to its average volume of 471,582. The company’s 50 day simple moving average is $0.62 and its 200 day simple moving average is $0.55. The company has a market capitalization of $81.77 million, a price-to-earnings ratio of -3.75 and a beta of 1.41. American Lithium has a 1-year low of $0.32 and a 1-year high of $1.24.

American Lithium (NASDAQ:AMLI) last issued its quarterly earnings results on Wednesday, October 16th. The company reported ($0.02) EPS for the quarter. As a group, equities analysts forecast that American Lithium will post -0.09 earnings per share for the current fiscal year.

About American Lithium

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on 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.