Atlantic Lithium (LON:ALL) Trading Up 1.9%

Shares of Atlantic Lithium Limited (LON:ALLGet Rating) shot up 1.9% during trading on Thursday . The stock traded as high as GBX 43 ($0.52) and last traded at GBX 42.20 ($0.51). 830,777 shares changed hands during trading, a decline of 64% from the average session volume of 2,328,490 shares. The stock had previously closed at GBX 41.40 ($0.50).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 70 ($0.85) price target on shares of Atlantic Lithium in a research note on Thursday, May 26th.

Atlantic Lithium Stock Up 1.9 %

The stock has a 50-day moving average of GBX 35.55 and a 200 day moving average of GBX 43.01. The stock has a market cap of £249.08 million and a PE ratio of -22.21.

Atlantic Lithium Company Profile

(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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