American Lithium (OTCMKTS:LIACF) Trading Down 6.1% - Should You Sell?

Key Points

• American Lithium Corp. saw its share price decrease by 6.1%, closing at $0.45 after trading as low as $0.44.
• The company has a market capitalization of $93.98 million and a PE ratio of -4.10, indicating negative earnings.
• American Lithium focuses on exploration projects in the U.S. and Peru, including the TLC Claystones project in Nevada and the Falchani Lithium project in Peru.

American Lithium Corp. (OTCMKTS:LIACF - )'s share price was down 6.1% on Tuesday . The stock traded as low as $0.44 and last traded at $0.45. 503,439 shares were traded during trading, an increase of 17% from the average daily volume of 432,060 shares. The stock had previously closed at $0.48.

American Lithium Stock Down 6.1%

The firm has a market capitalization of $93.98 million, a PE ratio of -4.10 and a beta of 1.48. The business has a 50-day moving average price of $0.33 and a 200-day moving average price of $0.29.

About American Lithium

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares 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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