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: $0.36 to $0.39
• 50-Day Range: $0.33 to $0.57
• 52-Week Range: $0.32 to $1.49
• Volume: 163,320 shs
• Average Volume: 334,787 shs
• Market Capitalization: $79.54 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 44% of companies evaluated by MarketBeat, and ranked 149th out of 197 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 only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for American Lithium are expected to decrease in the coming year, from ($0.12) to ($0.20) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Lithium is -2.61, 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 -2.61, 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 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

0.52% 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 4.5.

Change versus previous month

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

0.52% 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 4.5.

Change versus previous month

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

American Lithium has a news sentiment score of 0.54. 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 0.36 average news sentiment score of Basic Materials companies.

News Coverage This Week

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

Search Interest

Only 2 people have searched for AMLI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added American Lithium to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% 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 at the start of the year. Since then, AMLI stock has decreased by 66.8% and is now trading at $0.3656.
View the best growth stocks for 2024 here.

How were American Lithium's earnings last quarter?

American Lithium Corp. (NASDAQ:AMLI) issued its quarterly earnings results on Monday, July, 15th. The company reported ($0.02) EPS for the quarter.

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.

Company Calendar

• Last Earnings: 7/15/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 10/21/2024
• 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: +755.3%
• 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: 0.66

Miscellaneous

• Outstanding Shares: 217,560,000
• Free Float: N/A
• Market Cap: $82.67 million
• Optionable: Not Optionable
• Beta: 1.49