Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price dropped 13.1% during trading on Tuesday . The stock traded as low as GBX 9.12 ($0.11) and last traded at GBX 9.38 ($0.12). Approximately 2,610,457 shares traded hands during mid-day trading, an increase of 176% from the average daily volume of 945,515 shares. The stock had previously closed at GBX 10.80 ($0.13).
Atlantic Lithium Trading Down 12.3 %
The company has a current ratio of 3.58, a quick ratio of 6.08 and a debt-to-equity ratio of 1.72. The stock has a market capitalization of £64.12 million, a price-to-earnings ratio of -9.58 and a beta of -0.08. The business has a 50 day simple moving average of GBX 13.24 and a 200-day simple moving average of GBX 13.62.
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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