Shares of American Lithium Corp. (NASDAQ:AMLI - Get Free Report) traded down 3.8% during trading on Tuesday . The stock traded as low as $0.23 and last traded at $0.25. 66,573 shares traded hands during trading, a decline of 86% from the average session volume of 482,384 shares. The stock had previously closed at $0.26.
American Lithium Price Performance
The firm's 50-day moving average is $0.29 and its 200 day moving average is $0.45. The stock has a market cap of $57.84 million, a price-to-earnings ratio of -2.65 and a beta of 1.41.
Institutional Investors Weigh In On American Lithium
An institutional investor recently bought a new position in American Lithium stock. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in shares of American Lithium Corp. (NASDAQ:AMLI - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 161,000 shares of the company's stock, valued at approximately $62,000. Stonehage Fleming Financial Services Holdings Ltd owned 0.07% of American Lithium as of its most recent SEC filing. Institutional investors own 7.70% of the company's stock.
American Lithium Company Profile
(
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.
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