Ameriwest Lithium (OTCMKTS:AWLID) Shares Up 4% – Time to Buy?

Ameriwest Lithium Inc. (OTCMKTS:AWLIDGet Free Report) was up 4% during mid-day trading on Monday . The company traded as high as 0.14 and last traded at 0.13. Approximately 16,670 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 44,218 shares. The stock had previously closed at 0.13.

Ameriwest Lithium Stock Performance

The company’s 50-day moving average price is 0.14 and its 200 day moving average price is 0.20.

Ameriwest Lithium Company Profile

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Ameriwest Lithium Inc engages in the acquisition, exploration, and development of natural resources properties in Canada and the United States. The company focuses on exploring Nevada's Deer Musk East property consists of 283 claims covering an area of 5,600 acres located in the prolific Clayton Valley; the Railroad Valley property comprising 312 claims covering an area of approximately 6,200 acres; the Edwards Creek Valley consists of 847 contiguous claims covering an area of 17,000 acres; the Thompson Valley property covering an area of 2,900 acres located in Yavapai County; and the Little Smoky Valley property comprising 288 mineral claims located in Little Smoky Valley, Nevada.

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