American Lithium Minerals Inc. (OTCMKTS:AMLM – Get Free Report) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 23 shares, a drop of 99.9% from the May 14th total of 36,712 shares. Based on an average daily trading volume, of 69,347 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
American Lithium Minerals Price Performance
Shares of AMLM stock traded down $0.00 during trading hours on Tuesday, reaching $0.07. The company had a trading volume of 24,592 shares, compared to its average volume of 171,677. American Lithium Minerals has a twelve month low of $0.03 and a twelve month high of $0.27. The stock’s fifty day simple moving average is $0.08 and its 200 day simple moving average is $0.10.
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.
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