Shares of Atlantic Lithium Limited (OTC:ALLIF – Get Free Report) were down 8.8% during 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 Trading Down 27.7 %
The stock has a market capitalization of $30.84 million, a price-to-earnings ratio of -3.00 and a beta of -0.42. The firm’s fifty day moving average price is $0.19 and its 200 day moving average price is $0.24.
About Atlantic Lithium
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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