American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Significant Decline in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 23 shares, a decline of 99.8% from the June 30th total of 13,490 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 68,878 shares, the days-to-cover ratio is presently 0.0 days.

American Lithium Minerals Trading Down 0.1%

Shares of American Lithium Minerals stock traded down $0.00 during trading hours on Friday, hitting $0.08. The company had a trading volume of 82,054 shares, compared to its average volume of 142,886. The company’s 50-day moving average is $0.07 and its two-hundred day moving average is $0.10. American Lithium Minerals has a twelve month low of $0.03 and a twelve month high of $0.27.

American Lithium Minerals Company Profile

American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.