American Lithium (OTCMKTS:LIACF) Shares Down 4.2% – Here’s What Happened

American Lithium Corp. (OTCMKTS:LIACF – Get Free Report) shares traded down 4.2% during mid-day trading on Thursday. The company traded as low as $0.2729 and last traded at $0.2731. Approximately 199,016 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 432,060 shares. The stock had previously closed at $0.2851.

American Lithium Trading Down 4.2%

The firm has a market cap of $56.97 million, a P/E ratio of -2.48 and a beta of 1.48. The company’s fifty day moving average price is $0.31 and its two-hundred day moving average price is $0.35.

About American Lithium

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American Lithium Corp. is a Canadian mineral exploration and development company focused on advancing lithium projects in the Americas. The company is developing assets intended to support the future production of lithium products used in batteries for electric vehicles, energy-storage systems and other applications.

American Lithium’s principal projects include the TLC lithium claystone project in Nevada, United States, and the Falchani lithium project and Macusani uranium project in southeastern Peru.

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