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Atlantic Lithium (LON:ALL) Trading 12.4% Higher - Here's Why

Atlantic Lithium logo with Basic Materials background

Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price was up 12.4% during trading on Tuesday . The stock traded as high as GBX 12.94 ($0.16) and last traded at GBX 12.50 ($0.16). Approximately 886,895 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 1,083,801 shares. The stock had previously closed at GBX 11.12 ($0.14).

Atlantic Lithium Trading Up 5.6 %

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 company has a 50-day simple moving average of GBX 13.28 and a 200 day simple moving average of GBX 17.01. The firm has a market cap of £76.27 million, a PE ratio of -11.40 and a beta of -0.08.

Atlantic Lithium Company Profile

(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.

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