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 firm’s stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of C$0.50, for a total transaction of C$15,000.00.

American Lithium Stock Performance

Shares of LI stock opened at C$0.50 on Monday. The firm has a market capitalization of C$108.78 million, a PE ratio of -2.94 and a beta of 2.22. The firm has a fifty day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.78. The company has a current ratio of 5.35, a quick ratio of 1.45 and a debt-to-equity ratio of 0.07. American Lithium Corp. has a 12 month low of C$0.44 and a 12 month high of C$1.99.

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

Wall Street Analyst Weigh In

Several research firms recently commented on LI. National Bank Financial upgraded shares of 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 shares of American Lithium and gave the stock 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.