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Atlantic Lithium (LON:ALL) Stock Price Down 13.1% - What's Next?

Atlantic Lithium logo with Basic Materials background

Atlantic Lithium Limited (LON:ALL - Get Free Report) traded down 13.1% during trading on Tuesday . The company traded as low as GBX 9.12 ($0.11) and last traded at GBX 9.38 ($0.12). 2,610,457 shares traded hands during trading, an increase of 176% from the average session volume of 945,515 shares. The stock had previously closed at GBX 10.80 ($0.13).

Atlantic Lithium Price Performance

The firm has a 50 day moving average price of GBX 13.25 and a two-hundred day moving average price of GBX 13.68. The company has a market cap of £73.09 million, a P/E ratio of -10.92 and a beta of -0.08. The company has a debt-to-equity ratio of 1.72, a quick ratio of 6.08 and a current ratio of 3.58.

About Atlantic Lithium

(Get Free Report)

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.

Further Reading

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