American Lithium (OTCMKTS:LIACF) Trading Down 0.5% – Here’s What Happened

Shares of American Lithium Corp. (OTCMKTS:LIACF) fell 0.5% during trading on Monday . The stock traded as low as $0.45 and last traded at $0.50. 81,663 shares were traded during trading, a decline of 81% from the average session volume of 432,060 shares. The stock had previously closed at $0.5027.

American Lithium Stock Down 0.5%

The business’s 50-day simple moving average is $0.50 and its two-hundred day simple moving average is $0.41. The firm has a market cap of $104.31 million, a price-to-earnings ratio of -4.55 and a beta of 1.48.

About American Lithium

American Lithium (OTCMKTS:LIACF) is a Canada-based mineral exploration company focused on the discovery, development and advancement of lithium-rich properties in North and South America. The company’s primary business activities center on identifying high-potential claystone and brine lithium deposits, conducting systematic exploration programs and advancing projects from early-stage exploration toward resource definition and eventual development. American Lithium’s work typically includes geological mapping, drilling, sampling and metallurgical testing to evaluate project economics and viability.

At the core of American Lithium’s portfolio is the TLC project in Clayton Valley, Nevada, where the company holds rights to claystone-hosted lithium mineralization immediately adjacent to a producing lithium mine.