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American Lithium (NASDAQ:AMLI) Shares Down 1.8% - Should You Sell?

American Lithium logo with Basic Materials background

American Lithium Corp. (NASDAQ:AMLI - Get Free Report)'s stock price dropped 1.8% on Thursday . The stock traded as low as $0.25 and last traded at $0.27. Approximately 74,912 shares changed hands during mid-day trading, a decline of 86% from the average daily volume of 523,684 shares. The stock had previously closed at $0.27.

American Lithium Stock Down 1.8%

The company has a 50 day simple moving average of $0.26 and a 200 day simple moving average of $0.35. The stock has a market cap of $57.80 million, a price-to-earnings ratio of -2.65 and a beta of 1.41.

About American Lithium

(Get Free Report)

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.

Further Reading

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