American Lithium (CVE:LI) Sets New 12-Month Low at $0.88

American Lithium Corp. (CVE:LI - Get Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.88 and last traded at C$0.90, with a volume of 115074 shares trading hands. The stock had previously closed at C$0.91.

Wall Street Analysts Forecast Growth

Separately, Eight Capital decreased their price target on shares of American Lithium from C$8.40 to C$5.00 and set a "buy" rating on the stock in a research note on Thursday, January 11th.

American Lithium Trading Down 3.3 %

The firm has a market cap of C$188.90 million, a P/E ratio of -4.40 and a beta of 2.29. The firm's fifty day moving average is C$0.98 and its two-hundred day moving average is C$1.35. The company has a quick ratio of 1.45, a current ratio of 10.73 and a debt-to-equity ratio of 0.10.

American Lithium (CVE:LI - Get Free Report) last released its quarterly earnings results on Tuesday, January 16th. The company reported C($0.04) earnings per share for the quarter. Analysts predict that American Lithium Corp. will post -0.0691633 earnings per share for the current fiscal year.

About American Lithium

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.