Atlantic Lithium Limited (LON:ALL - Get Free Report)'s stock price dropped 11.1% during trading on Thursday . The company traded as low as GBX 15 ($0.19) and last traded at GBX 15.07 ($0.19). 2,564,594 shares changed hands during trading, an increase of 128% from the average daily volume of 1,124,653 shares. The stock had previously closed at GBX 16.95 ($0.21).
Atlantic Lithium Stock Performance
The stock's 50-day simple moving average is GBX 13 and its 200-day simple moving average is GBX 15.02. The stock has a market cap of £97.32 million, a price-to-earnings ratio of -14.54 and a beta of -0.08. The company has a current ratio of 3.58, a quick ratio of 6.08 and a debt-to-equity ratio of 1.72.
Atlantic Lithium Company Profile
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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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