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Atlantic Lithium (LON:ALL) Stock Price Down 10% - Here's What Happened

Atlantic Lithium logo with Basic Materials background

Shares of Atlantic Lithium Limited (LON:ALL - Get Free Report) traded down 10% during mid-day trading on Wednesday . The stock traded as low as GBX 12.60 ($0.16) and last traded at GBX 12.60 ($0.16). 1,559,203 shares traded hands during trading, an increase of 43% from the average session volume of 1,088,172 shares. The stock had previously closed at GBX 14 ($0.18).

Atlantic Lithium Stock Up 6.2 %

The stock has a 50 day moving average price of GBX 13.09 and a 200 day moving average price of GBX 16.04. The company has a market cap of £86.93 million, a P/E ratio of -12.45 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 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.

Further Reading

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