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Atlantic Lithium (LON:ALL) Hits New 12-Month Low - What's Next?

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Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price hit a new 52-week low on Thursday . The stock traded as low as GBX 8.50 ($0.11) and last traded at GBX 9 ($0.11), with a volume of 976185 shares trading hands. The stock had previously closed at GBX 9.50 ($0.12).

Atlantic Lithium Stock Performance

The company has a debt-to-equity ratio of 1.72, a current ratio of 3.58 and a quick ratio of 6.08. The firm has a market cap of £125.39 million, a price-to-earnings ratio of -9.16 and a beta of -0.08. The company has a fifty day moving average price of GBX 12.25 and a two-hundred day moving average price of GBX 12.85.

About Atlantic Lithium

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Atlantic Lithium (formerly "IronRidge Resources") is an AIM-listed lithium company advancing a portfolio of projects in Ghana and Côte d'Ivoire through to production. The Company's flagship project, the Ewoyaa Project in Ghana, is a significant lithium pegmatite discovery on track to become West Africa's first lithium producing mine.

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