Insider Selling: American Lithium Corp. (CVE:LI) Director Sells C$15,000.00 in Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$0.50, for a total value of C$15,000.00.

Claudia Tornquist also recently made the following trade(s):

• On Friday, September 20th, Claudia Tornquist sold 30,000 shares of American Lithium stock. The stock was sold at an average price of C$0.50, for a total value of C$15,000.00.

American Lithium Stock Up 19.6 %

Shares of American Lithium stock opened at C$0.67 on Thursday. American Lithium Corp. has a one year low of C$0.44 and a one year high of C$1.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.35 and a quick ratio of 1.45. The stock’s 50-day moving average is C$0.57 and its 200 day moving average is C$0.77. The firm has a market cap of C$145.77 million, a price-to-earnings ratio of -3.94 and a beta of 2.22.

American Lithium (CVE:LI) last announced its earnings results on Monday, July 15th. The company reported C($0.03) EPS for the quarter. Equities research analysts anticipate that American Lithium Corp. will post -0.0691633 EPS for the current year.

Wall Street Analysts Forecast Growth

LI has been the topic of a number of analyst reports. National Bank Financial upgraded American Lithium to a “strong-buy” rating in a research report on Thursday, June 6th. National Bankshares set a C$1.50 price target on American Lithium and gave the company an “outperform” rating in a research report on Thursday, June 6th.

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.