Atlantic Lithium Limited (LON:ALL - Get Free Report) dropped 6.2% during trading on Friday . The company traded as low as GBX 12.36 ($0.15) and last traded at GBX 12.80 ($0.16). Approximately 676,623 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 1,027,186 shares. The stock had previously closed at GBX 13.64 ($0.17).
Atlantic Lithium Stock Performance
The stock has a 50 day moving average of GBX 13.18 and a 200 day moving average of GBX 14.77. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72. The firm has a market cap of £88.23 million, a price-to-earnings ratio of -13.18 and a beta of -0.08.
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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