Atlantic Lithium (LON:ALL) Shares Up 3.4% - Still a Buy?

Key Points

• Shares of Atlantic Lithium increased by 3.4% during trading on Friday, reaching a last traded price of GBX 7.65 ($0.10).
• The company's market capitalization stands at £110.92 million, with a price-to-earnings ratio of -8.11.
• Trading volume on Friday was 79% lower than the average session volume, with only 211,577 shares exchanged.

Shares of Atlantic Lithium Limited (LON:ALL - ) shot up 3.4% during trading on Friday . The stock traded as high as GBX 7.78 ($0.11) and last traded at GBX 7.65 ($0.10). 211,577 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 1,022,223 shares. The stock had previously closed at GBX 7.40 ($0.10).

Atlantic Lithium Price Performance

The company's 50 day moving average is GBX 7.53 and its 200 day moving average is GBX 7.94. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72. The firm has a market capitalization of £110.92 million, a price-to-earnings ratio of -8.11 and a beta of -0.08.

Atlantic Lithium Company Profile

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