Atlantic Lithium (OTC:ALLIF) Stock Price Down 8.8% – Here’s What Happened

Atlantic Lithium Limited (OTC:ALLIFGet Free Report)’s stock price was down 8.8% during mid-day trading on Monday . The stock traded as low as $0.20 and last traded at $0.23. Approximately 6,000 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 23,205 shares. The stock had previously closed at $0.25.

Atlantic Lithium Stock Down 8.8 %

The stock has a 50-day moving average of $0.19 and a 200 day moving average of $0.24. The company has a market capitalization of $47.29 million, a PE ratio of -4.60 and a beta of -0.42.

About Atlantic Lithium

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Atlantic Lithium Limited engages in the exploration and development of 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 holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.

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