American Lithium (OTCMKTS:AMLIF – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported ($0.01) EPS for the quarter, Zacks reports.
American Lithium Trading Down 1.5%
AMLIF traded down $0.00 on Friday, hitting $0.31. 12,600 shares of the company were exchanged, compared to its average volume of 131,218. American Lithium has a twelve month low of $0.26 and a twelve month high of $0.91. The stock has a market capitalization of $78.56 million, a P/E ratio of -10.24 and a beta of 1.77. The business has a 50-day moving average price of $0.35.
American Lithium Company Profile
American Lithium (OTCMKTS: AMLIF) is a publicly traded mineral exploration and development company focused on the discovery and advancement of lithium resources. The company’s core activities include exploration and drilling to define mineral resources, metallurgical test work to assess recoverability, and engineering and environmental studies aimed at advancing projects through permitting and toward potential production. American Lithium positions itself as a supplier to the battery materials supply chain, targeting demand from electric vehicle manufacturers and energy storage markets.
As an early- to mid-stage lithium developer, the company pursues project advancement through technical studies, stakeholder engagement and partnerships that can provide capital or operational expertise.
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