American Lithium (AMLI) Stock Price, News & Analysis

Company Overview

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is based in Vancouver, Canada.

Key Stats

• Today's Range: $0.80 to $0.89
• 50-Day Range: $0.33 to $1.11
• 52-Week Range: $0.32 to $1.30
• Volume: 1.12 million shs
• Average Volume: 421,752 shs
• Market Capitalization: $185.21 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.25
• Consensus Rating: Strong Buy

American Lithium Stock Analysis - MarketRank™

American Lithium scored higher than 51% of companies evaluated by MarketBeat, and ranked 129th out of 194 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.8 / 5
• Analyst Rating: Strong Buy

Consensus Rating

American Lithium has received a consensus rating of Strong Buy. The company's average rating score is 3.50, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

American Lithium has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for American Lithium are expected to remain at ($0.09) per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Lithium is -7.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Lithium is -7.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

American Lithium has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.59% of the float of American Lithium has been sold short.

Short Interest Ratio / Days to Cover

American Lithium has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Lithium has recently increased by 14.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

American Lithium does not currently pay a dividend.

Dividend Growth

American Lithium does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.59% of the float of American Lithium has been sold short.

Short Interest Ratio / Days to Cover

American Lithium has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Lithium has recently increased by 14.81%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.59

News Sentiment

American Lithium has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for American Lithium this week, compared to 1 article on an average week.

Search Interest

9 people have searched for AMLI on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.

MarketBeat Follows

11 people have added American Lithium to their MarketBeat watchlist in the last 30 days. This is an increase of 267% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, American Lithium insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 7.70% of the stock of American Lithium is held by institutions.

AMLI Stock Analysis - Frequently Asked Questions

How have AMLI shares performed this year?

American Lithium's stock was trading at $1.10 on January 1st, 2024. Since then, AMLI shares have decreased by 22.6% and is now trading at $0.8513.
View the best growth stocks for 2024 here.

How were American Lithium's earnings last quarter?

American Lithium Corp. (NASDAQ:AMLI) released its quarterly earnings data on Monday, October, 16th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.02.

How do I buy shares of American Lithium?

Shares of AMLI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Lithium own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Lithium investors own include Walt Disney (DIS), Ford Motor (F), Meta Platforms (META), Rolls-Royce Holdings plc (RYCEY), AFC Gamma (AFCG), Plug Power (PLUG) and BOTS (BTZI).

Company Calendar

• Last Earnings: 10/16/2023
• Today: 10/17/2024
• Next Earnings (Estimated): 1/21/2025
• Fiscal Year End: 2/28/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Metal mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:AMLI
• CUSIP: N/A
• CIK: 1699880
• Web: www.americanlithiumcorp.com
• Phone: 604-428-6128
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.25
• High Stock Price Target: $3.25
• Low Stock Price Target: $3.25
• Potential Upside/Downside: +282.4%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 3.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-29,550,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -19.40%
• Return on Assets: -18.92%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.35
• Quick Ratio: 5.35

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.58 per share
• Price / Book: 1.47

Miscellaneous

• Outstanding Shares: 217,560,000
• Free Float: N/A
• Market Cap: $184.93 million
• Optionable: Not Optionable
• Beta: 1.54