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American Lithium (CVE:LI) Trading 1.4% Higher - Should You Buy?

American Lithium logo with Basic Materials background

American Lithium Corp. (CVE:LI - Get Free Report)'s stock price traded up 1.4% during trading on Friday . The stock traded as high as C$0.36 and last traded at C$0.35. 125,200 shares traded hands during trading, a decline of 28% from the average session volume of 174,524 shares. The stock had previously closed at C$0.35.

American Lithium Price Performance

The company has a 50 day moving average price of C$0.35 and a 200 day moving average price of C$0.46. The firm has a market cap of C$78.69 million, a PE ratio of -2.38 and a beta of 2.30. The company has a current ratio of 4.22, a quick ratio of 1.45 and a debt-to-equity ratio of 0.06.

About American Lithium

(Get Free Report)

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include 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.

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