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Atlantic Lithium (LON:ALL) Stock Price Down 9.4% - Time to Sell?

Atlantic Lithium logo with Basic Materials background

Key Points

  • Shares of Atlantic Lithium Limited dropped by 9.4% on Thursday, trading as low as GBX 7.58 ($0.10).
  • The stock experienced a trading volume decline of 34% compared to its average daily volume.
  • Atlantic Lithium has a market capitalization of £105.48 million and a price-to-earnings ratio of -7.71.
  • Five stocks to consider instead of Atlantic Lithium.

Atlantic Lithium Limited (LON:ALL - Get Free Report)'s share price traded down 9.4% on Thursday . The stock traded as low as GBX 7.58 ($0.10) and last traded at GBX 7.65 ($0.10). 707,206 shares changed hands during trading, a decline of 34% from the average session volume of 1,067,600 shares. The stock had previously closed at GBX 8.45 ($0.11).

Atlantic Lithium Stock Performance

The company has a 50-day simple moving average of GBX 7.24 and a two-hundred day simple moving average of GBX 8.21. The company has a debt-to-equity ratio of 1.72, a quick ratio of 6.08 and a current ratio of 3.58. The firm has a market capitalization of £107.51 million, a P/E ratio of -7.86 and a beta of -0.08.

Atlantic Lithium Company Profile

(Get Free Report)

Further Reading

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