Should I buy or sell American Lithium stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Lithium in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LI shares. View LI analyst ratings or view top-rated stocks .

What is American Lithium's stock price target for 2024?

2 Wall Street analysts have issued 1-year price objectives for American Lithium's shares. Their LI share price targets range from C$4.60 to C$5.00. On average, they predict the company's stock price to reach C$4.80 in the next twelve months. This suggests a possible upside of 515.4% from the stock's current price. View analysts price targets for LI or view top-rated stocks among Wall Street analysts .

How have LI shares performed in 2024?

American Lithium's stock was trading at C$1.45 at the beginning of the year. Since then, LI stock has decreased by 46.2% and is now trading at C$0.78. View the best growth stocks for 2024 here .

When is American Lithium's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024. View our LI earnings forecast .

What other stocks do shareholders of American Lithium own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American Lithium investors own include Lithium Americas (LAC) , Alibaba Group (BABA) , Verizon Communications (VZ) , HCA Healthcare (HCA) , HEXO (HEXO) , Micron Technology (MU) , Netflix (NFLX) and Pandora Media (P) .

How do I buy shares of American Lithium?

Shares of LI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

CVE:LI

American Lithium (LI) Stock Price, News & Analysis

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Free LI Stock Alerts

C$0.78

-0.03 (-3.70%)

(As of 04/18/2024 05:18 PM ET)

Compare

Today's Range: C$0.75
▼
C$0.80
50-Day Range: C$0.78
▼
C$1.10
52-Week Range: C$0.75
▼
C$3.09

Volume: 225,529 shs
Average Volume: 237,651 shs
Market Capitalization: C$167.43 million

P/E Ratio: N/A
Dividend Yield: 2.82%
Price Target: C$4.80

Stock Analysis Analyst Forecasts Chart Earnings Headlines

Get American Lithium alerts:

American Lithium MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 515.4% Upside
C$4.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.14 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
American Lithium has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
American Lithium has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for LI.

0.8

Dividend Strength

Dividend Yield
American Lithium pays a meaningful dividend of 2.82%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
American Lithium does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LI.

0.6

News and Social Media Coverage

News Sentiment
American Lithium has a news sentiment score of -0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for American Lithium this week, compared to 3 articles on an average week.
Search Interest
Only 35 people have searched for LI on MarketBeat in the last 30 days. This is a decrease of -31% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, American Lithium insiders have not sold or bought any company stock.
Percentage Held by Insiders
10.45% of the stock of American Lithium is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 7.80% of the stock of American Lithium is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of American Lithium is -3.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of American Lithium is -3.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
American Lithium has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About American Lithium Stock (CVE:LI)

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. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is based in Vancouver, Canada.

LI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LI Stock News Headlines

April 9, 2024 | marketwatch.com

Piedmont Lithium Stock Rises 7% on Continued Production Ramp-Up in North America

April 9, 2024 | msn.com

Piedmont Lithium to support continued ramp-up of North American Lithium JV

April 19, 2024 | InvestorPlace (Ad)

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US will push China to change policy that threatens American jobs, Yellen says

April 8, 2024 | msn.com

U.S. is pushing China to change a policy threatening American jobs, Treasury Secretary Yellen says

April 4, 2024 | finance.yahoo.com

IberAmerican Lithium Provides Update on Status of Permits for Lithium Projects

March 28, 2024 | finance.yahoo.com

Chile Wants to Double Its Lithium Output to Avert Risk of Substitution in Batteries

March 27, 2024 | finanznachrichten.de

American Lithium Corp.: American Lithium Strengthens Team and Launches Major ESG Initiative in Peru

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March 16, 2024 | finance.yahoo.com

M4E Lithium Closes Funding for Brazilian Lithium Exploration

March 16, 2024 | wsj.com

American Lithium Minerals Inc.

March 15, 2024 | msn.com

US Energy Department Moves to Support Nevada Lithium Project with $2.26 Billion Loan

March 15, 2024 | investing.com

American Lithium faces Nasdaq delisting over share price

March 14, 2024 | msn.com

American Airlines Flight Makes Emergency Landing At LAX—Joining These Other Airline Mishaps

March 14, 2024 | axios.com

DOE advances $2.3B for Lithium Americas mine

March 14, 2024 | finance.yahoo.com

Pan American Energy Announces the Commencement of Metallurgical Testing on Core Samples From the Horizon Lithium Project

March 14, 2024 | msn.com

Biden Jump-Starts Electric-Vehicle Push With Massive Lithium Loan

March 13, 2024 | msn.com

Native groups sit on a treasure trove of lithium, but mines threaten their water, culture

March 12, 2024 | markets.businessinsider.com

Bradda Head Lithium Ltd Announces Commencement of Drilling at Basin Project

March 12, 2024 | finance.yahoo.com

Pan American Energy Announces Completion of the Phase Two Drill Program at the Big Mack Lithium Project

March 8, 2024 | oilprice.com

Saudi Arabia and UAE Look To Extract Lithium from Oilfield Brine

March 6, 2024 | msn.com

Japan’s Mitsubishi Corp. Ventures into North American Lithium Mines, Reducing China Dependency

March 4, 2024 | ca.finance.yahoo.com

Mining giant Rio Tinto eyes Canada in hunt for top-tier lithium property

February 26, 2024 | finance.yahoo.com

American Lithium Files Robust PEA for Falchani Hard Rock Lithium Project with Highlights Including a Tripling of After-tax NPV8 to US$5.11 Billion

February 22, 2024 | msn.com

Ground Breakers: Lithium players cut returns as price collapse brings austerity into focus

February 16, 2024 | finanznachrichten.de

Consolidated Lithium Metals Inc.: Consolidated Lithium Announces Vallée JV Intersects 1.04% Li2O over 7.15 m

February 12, 2024 | benzinga.com

Bill Gates' Energy Venture, Other Funders Pour $145M Into Little-Known Startup To Harvest Lithium From America's Biggest Saltwater Lake

See More Headlines

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 6/03/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: CVE
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Current Symbol: CVE:LI
CUSIP: N/A
CIK: N/A
Web: www.americanlithiumcorp.com
Phone: +1-604-6897422
Fax: N/A
Employees: 2,020
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$4.80
High Stock Price Target: C$5.00
Low Stock Price Target: C$4.60
Potential Upside/Downside: +515.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.20)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: C$-43,080,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -24.32%
Return on Assets: -14.96%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 10.73
Quick Ratio: 1.45

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: C$0.01 per share
Price / Cash Flow: 88.57
Book Value: C$0.81 per share
Price / Book: 0.96

Miscellaneous

Outstanding Shares: 214,660,000
Free Float: N/A
Market Cap: C$167.43 million
Optionable: Not Optionable
Beta: 2.29

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Key Executives

Mr. Simon Patrick Clarke (Age 58)
CEO & Director
Comp: $335k
Dr. Laurence Stefan (Age 61)
President, COO & Director
Comp: $335k
Mr. Philip Neville Gibbs B.Compt. (Age 70)
C.M.A., CMA, M.B.A., MBA, P.Geo., Chief Financial Officer
Comp: $238.5k
Mr. Terrence K. O'Connor B.Sc.
M.Sc., P.Geo., Executive Vice President of Exploration & Development
Mr. Marc Davis
Director of Communications
Mr. Paul Charlish
VP of Finance & Corporate Secretary

Key Competitors

View All Competitors

LI Stock Analysis - Frequently Asked Questions

Should I buy or sell American Lithium stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Lithium in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LI shares.
View LI analyst ratings or view top-rated stocks.
What is American Lithium's stock price target for 2024?: 2 Wall Street analysts have issued 1-year price objectives for American Lithium's shares. Their LI share price targets range from C$4.60 to C$5.00. On average, they predict the company's stock price to reach C$4.80 in the next twelve months. This suggests a possible upside of 515.4% from the stock's current price.
View analysts price targets for LI or view top-rated stocks among Wall Street analysts.
How have LI shares performed in 2024?: American Lithium's stock was trading at C$1.45 at the beginning of the year. Since then, LI stock has decreased by 46.2% and is now trading at C$0.78.
View the best growth stocks for 2024 here.
When is American Lithium's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, June 3rd 2024.
View our LI earnings forecast.

What other stocks do shareholders of American Lithium own?: Based on aggregate information from My MarketBeat watchlists, some companies that other American Lithium investors own include Lithium Americas (LAC), Alibaba Group (BABA), Verizon Communications (VZ), HCA Healthcare (HCA), HEXO (HEXO), Micron Technology (MU), Netflix (NFLX) and Pandora Media (P).
How do I buy shares of American Lithium?: Shares of LI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (CVE:LI) was last updated on 4/19/2024 by MarketBeat.com Staff

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American Lithium (LI) Stock Price, News & Analysis

American Lithium MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About American Lithium Stock (CVE:LI)

LI Stock Price History

LI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

LI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™