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American Lithium (NASDAQ:AMLI) Shares Down 8.2% - Here's What Happened

American Lithium logo with Basic Materials background

Shares of American Lithium Corp. (NASDAQ:AMLI - Get Free Report) fell 8.2% on Monday . The stock traded as low as $0.26 and last traded at $0.26. 89,307 shares traded hands 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 Stock Performance

The company has a market capitalization of $55.59 million, a price-to-earnings ratio of -2.55 and a beta of 1.41. The company's fifty day simple moving average is $0.26 and its two-hundred day simple moving average is $0.30.

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.

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