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American Lithium (NASDAQ:AMLI) Trading Down 8.2% - Here's Why

American Lithium logo with Basic Materials background

American Lithium Corp. (NASDAQ:AMLI - Get Free Report)'s share price fell 8.2% during mid-day trading on Monday . The stock traded as low as $0.26 and last traded at $0.26. 89,307 shares were traded during trading, a decline of 85% from the average session volume of 589,531 shares. The stock had previously closed at $0.28.

American Lithium Price Performance

The company has a fifty day moving average of $0.26 and a 200-day moving average of $0.30. The firm has a market cap of $66.82 million, a P/E ratio of -3.07 and a beta of 1.41.

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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