Free Trial

Atlantic Lithium (LON:ALL) Trading 15.9% Higher - Still a Buy?

Atlantic Lithium logo with Basic Materials background

Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price shot up 15.9% on Monday . The stock traded as high as GBX 14.50 ($0.18) and last traded at GBX 14.37 ($0.18). 1,470,172 shares changed hands during mid-day trading, an increase of 36% from the average session volume of 1,077,763 shares. The stock had previously closed at GBX 12.40 ($0.16).

Atlantic Lithium Price Performance

The firm has a market capitalization of £90.95 million, a price-to-earnings ratio of -13.88 and a beta of -0.08. The company's 50 day moving average is GBX 13.09 and its 200 day moving average is GBX 16.16. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72.

About Atlantic Lithium

(Get Free Report)

Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.

Read More

→ A conspiracy Trump won’t unseal (From Porter & Company) (Ad)

Should you invest $1,000 in Atlantic Lithium right now?

Before you consider Atlantic Lithium, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Atlantic Lithium wasn't on the list.

While Atlantic Lithium currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Broadcom Hits $1 Trillion – Can This AI Powerhouse Go Higher?
SoundHound Stock Explodes Again – Is a Major Breakout Coming?
How Fintech Strategy at FinWise Bancorp and CEO Vision Are Driving 78% Gains

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines