Advantage Lithium Corp. (AAL.V) (CVE:AAL) Trading Down 3.6% – What’s Next?

Advantage Lithium Corp. (AAL.V) (CVE:AAL) shares were down 3.6% during trading on Wednesday . The company traded as low as C$0.25 and last traded at C$0.27. Approximately 19,615 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 125,075 shares. The stock had previously closed at C$0.28.

Advantage Lithium Corp. (AAL.V) Stock Performance

The company’s fifty day simple moving average is C$0.27 and its two-hundred day simple moving average is C$0.27. The stock has a market capitalization of C$43.14 million and a P/E ratio of -16.56.

Advantage Lithium Corp. (AAL.V) Company Profile

Advantage Lithium Corp. engages in the acquisition, exploration, and development of lithium properties. The company owns a 75% interest in its flagship asset, Cauchari project located in the northern provinces of Jujuy, Salta, and Catamarca in Argentina. It also has acquired a 100% interest in four projects in Argentina.