American Lithium Corp. (CVE:LI - Get Free Report)'s share price reached a new 52-week low on Monday . The company traded as low as C$0.41 and last traded at C$0.40, with a volume of 118341 shares trading hands. The stock had previously closed at C$0.42.
Wall Street Analyst Weigh In
A number of research firms recently commented on LI. National Bank Financial cut shares of American Lithium from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th. National Bankshares downgraded American Lithium from an "outperform" rating to a "sector perform" rating and decreased their target price for the stock from C$0.80 to C$0.70 in a research report on Thursday, January 16th.
View Our Latest Stock Report on American Lithium
American Lithium Stock Performance
The company has a debt-to-equity ratio of 0.06, a current ratio of 4.22 and a quick ratio of 1.45. The firm has a market capitalization of C$79.81 million, a PE ratio of -2.42 and a beta of 2.30. The company's fifty day simple moving average is C$0.46 and its 200 day simple moving average is C$0.68.
About American Lithium
(
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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.
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