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Atlantic Lithium (LON:ALL) Stock Price Down 10.6% - What's Next?

Atlantic Lithium logo with Basic Materials background

Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price dropped 10.6% during mid-day trading on Thursday . The company traded as low as GBX 6.66 ($0.09) and last traded at GBX 6.66 ($0.09). Approximately 1,685,384 shares were traded during mid-day trading, an increase of 54% from the average daily volume of 1,096,236 shares. The stock had previously closed at GBX 7.45 ($0.10).

Atlantic Lithium Stock Performance

The company has a 50 day simple moving average of GBX 8.15 and a 200 day simple moving average of GBX 11.14. The stock has a market cap of £89.29 million, a price-to-earnings ratio of -6.53 and a beta of -0.08. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72.

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