American Lithium (OTCMKTS:AMLIF) Announces Earnings Results

American Lithium (OTCMKTS:AMLIF) announced its quarterly earnings data on Friday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.

American Lithium Price Performance

Shares of OTCMKTS AMLIF traded down $0.01 during mid-day trading on Friday, reaching $0.23. 93,077 shares of the company’s stock were exchanged, compared to its average volume of 125,690. The firm has a market capitalization of $60.15 million, a price-to-earnings ratio of -7.78 and a beta of 1.93. The firm has a 50-day moving average price of $0.30 and a two-hundred day moving average price of $0.39. American Lithium has a 52 week low of $0.18 and a 52 week high of $0.70.

American Lithium Company Profile

American Lithium Corp. is a mineral exploration and development company focused on advancing lithium projects in the United States and Peru. The company is developing resources intended to support the production of lithium compounds used in rechargeable batteries and electric vehicles.

Its principal U.S. asset is the Tonopah Lithium Claims project in Nevada, which is located in the lithium-producing region of the western United States. In Peru, American Lithium owns the Falchani Lithium Project and the Macusani Uranium Project in the Puno region.