Lennard Alexander Kolff Van Oosterwijk Sells 600,000 Shares of Atlantic Lithium Limited (LON:ALL) Stock

Atlantic Lithium Limited (LON:ALLGet Rating) insider Lennard Alexander Kolff Van Oosterwijk sold 600,000 shares of the business’s stock in a transaction dated Friday, April 8th. The shares were sold at an average price of GBX 57 ($0.74), for a total value of £342,000 ($445,660.67).

ALL opened at GBX 61 ($0.79) on Tuesday. The business’s 50-day moving average is GBX 43.14. Atlantic Lithium Limited has a 52-week low of GBX 19 ($0.25) and a 52-week high of GBX 68 ($0.89). The company has a market cap of £349.98 million and a P/E ratio of -108.07.

Several equities research analysts have recently issued reports on ALL shares. Liberum Capital reiterated a “buy” rating and set a GBX 46 ($0.60) price target on shares of Atlantic Lithium in a report on Thursday, January 20th. reiterated a “speculative buy” rating and issued a GBX 45 ($0.59) target price on shares of Atlantic Lithium in a research note on Wednesday, December 15th. Finally, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 60 ($0.78) price target on shares of Atlantic Lithium in a research note on Monday, March 21st.

About Atlantic Lithium (Get Rating)

Atlantic Lithium Limited explores for and develops mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It also holds interest in a lithium property covering an area of 1,172 square kilometers in Côte d'Ivoire.

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