Shares of American Lithium Corp. (CVE:LI - Get Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.49 and traded as low as C$0.45. American Lithium shares last traded at C$0.48, with a volume of 129,416 shares.
Analyst Ratings Changes
A number of research analysts recently weighed in on the company. National Bankshares downgraded American Lithium from an "outperform" rating to a "sector perform" rating and dropped their price target for the stock from C$0.80 to C$0.70 in a research note on Thursday, January 16th. National Bank Financial lowered American Lithium from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 15th.
Read Our Latest Research Report on American Lithium
American Lithium Price Performance
The company has a current ratio of 4.22, a quick ratio of 1.45 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of C$0.49 and a 200 day simple moving average of C$0.69. The stock has a market capitalization of C$101.17 million, a P/E ratio of -3.07 and a beta of 2.30.
American Lithium Company Profile
(
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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.
Further Reading
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