Short Interest in American Lithium Corp. (NASDAQ:AMLI) Declines By 5.8%

American Lithium Corp. (NASDAQ:AMLI - Get Free Report) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,140,000 shares, a decline of 5.8% from the October 31st total of 1,210,000 shares. Based on an average trading volume of 622,500 shares, the short-interest ratio is currently 1.8 days. Approximately 0.5% of the shares of the company are sold short.

American Lithium Stock Down 5.4 %

AMLI traded down $0.04 on Tuesday, hitting $0.63. 532,989 shares of the company traded hands, compared to its average volume of 423,221. The company has a 50 day moving average of $0.71 and a 200-day moving average of $0.58. American Lithium has a 12-month low of $0.32 and a 12-month high of $1.29.

American Lithium (NASDAQ:AMLI - Get Free Report) last issued its quarterly earnings results on Wednesday, October 16th. The company reported ($0.02) earnings per share for the quarter. As a group, research analysts anticipate that American Lithium will post -0.08 EPS for the current year.

American Lithium Company Profile

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.