Atlantic Lithium (LON:ALL) Stock Price Down 8.7% – Time to Sell?

Atlantic Lithium Limited (LON:ALLGet Free Report)’s share price dropped 8.7% during trading on Thursday . The company traded as low as GBX 14.20 and last traded at GBX 14.79. Approximately 2,077,450 shares were traded during trading, a decline of 19% from the average daily volume of 2,549,091 shares. The stock had previously closed at GBX 16.20.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 37 price objective on shares of Atlantic Lithium in a research report on Thursday, March 19th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 37.

Read Our Latest Stock Analysis on Atlantic Lithium

Atlantic Lithium Price Performance

The company has a market cap of £114.09 million, a PE ratio of -14.70 and a beta of 0.31. The business has a 50-day moving average of GBX 16.12 and a 200 day moving average of GBX 12.43.

About Atlantic Lithium

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