American Lithium Corp. (CVE:LI – Get Free Report)’s stock price hit a new 52-week low on Thursday. The company traded as low as C$0.37 and last traded at C$0.37, with a volume of 272,855 shares. The stock had previously closed at C$0.39.
American Lithium Stock Performance
The stock’s 50-day moving average price is C$0.43 and its 200-day moving average price is C$0.49. The company has a current ratio of 5.37, a quick ratio of 1.45 and a debt-to-equity ratio of 0.10. The company has a market capitalization of C$97.15 million, a P/E ratio of -9.50 and a beta of 2.05.
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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