American Lithium (CVE:LI) Given New C$4.60 Price Target at National Bankshares

American Lithium (CVE:LI) had its price target reduced by stock analysts at National Bankshares from C$7.10 to C$4.60 in a research report issued on Wednesday, BayStreet.CA reports. National Bankshares’ price objective would indicate a potential upside of 177.11% from the stock’s current price.

American Lithium Stock Down 4.0 %

Shares of LI stock opened at C$1.66 on Wednesday. The stock has a market cap of C$356.34 million, a P/E ratio of -9.76 and a beta of 2.36. American Lithium has a 52 week low of C$1.39 and a 52 week high of C$4.90. The company has a quick ratio of 1.45, a current ratio of 11.53 and a debt-to-equity ratio of 0.10. The company’s fifty day simple moving average is C$1.85 and its two-hundred day simple moving average is C$2.33.

About American Lithium

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.