American Lithium (OTCMKTS:LIACF) Trading Down 5.4% – Here’s What Happened

American Lithium Corp. (OTCMKTS:LIACFGet Free Report) traded down 5.4% during mid-day trading on Tuesday . The company traded as low as $0.62 and last traded at $0.63. 532,989 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 432,060 shares. The stock had previously closed at $0.67.

American Lithium Stock Performance

The stock has a market capitalization of $132.26 million, a price-to-earnings ratio of -5.76 and a beta of 1.48. The business has a 50-day moving average of $0.70 and a 200-day moving average of $0.58.

American Lithium Company Profile

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American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.

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