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American Lithium (OTCMKTS:LIACF) Trading Up 4.5% - Should You Buy?

American Lithium logo with Basic Materials background

American Lithium Corp. (OTCMKTS:LIACF - Get Free Report)'s share price rose 4.5% on Tuesday . The company traded as high as $0.27 and last traded at $0.26. Approximately 84,382 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 432,060 shares. The stock had previously closed at $0.25.

American Lithium Price Performance

The stock has a 50-day moving average price of $0.26 and a 200 day moving average price of $0.36. The firm has a market cap of $53.07 million, a price-to-earnings ratio of -2.31 and a beta of 1.48.

About American Lithium

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in American Lithium Right Now?

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