Shares of American Lithium Corp. (NASDAQ:AMLI - Get Free Report) traded up 1.7% during mid-day trading on Wednesday . The stock traded as high as $0.27 and last traded at $0.27. 35,986 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 502,274 shares. The stock had previously closed at $0.26.
American Lithium Stock Performance
The firm has a market capitalization of $54.48 million, a P/E ratio of -2.50 and a beta of 1.41. The firm has a 50-day moving average of $0.27 and a 200-day moving average of $0.39.
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 bought a new stake in shares of American Lithium Corp. (NASDAQ:AMLI - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 161,000 shares of the company's stock, valued at approximately $62,000. Stonehage Fleming Financial Services Holdings Ltd owned about 0.07% of American Lithium at the end of the most recent quarter. 7.70% of the stock is owned by institutional investors.
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.
Further Reading
Before you consider American Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Lithium wasn't on the list.
While American Lithium currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
