American Lithium Corp. (NASDAQ:AMLI - Get Free Report)'s share price shot up 0% during mid-day trading on Monday . The stock traded as high as $0.33 and last traded at $0.33. 90,845 shares were traded during mid-day trading, a decline of 81% from the average session volume of 471,582 shares. The stock had previously closed at $0.33.
American Lithium Price Performance
The firm has a 50 day simple moving average of $0.37 and a two-hundred day simple moving average of $0.50. The stock has a market cap of $68.76 million, a price-to-earnings ratio of -3.16 and a beta of 1.41.
Hedge Funds Weigh In On American Lithium
A hedge fund recently bought a new stake in American Lithium stock. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in American Lithium Corp. (NASDAQ:AMLI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 161,000 shares of the company's stock, valued at approximately $62,000. Stonehage Fleming Financial Services Holdings Ltd owned 0.07% of American Lithium at the end of the most recent quarter. Institutional investors own 7.70% of the company's stock.
About American Lithium
(
Get Free Report)
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.
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