Short Interest in American Lithium Minerals Inc. (OTCMKTS:AMLM) Rises By 23,026.1%

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,319 shares, a growth of 23,026.1% from the May 31st total of 23 shares. Based on an average trading volume of 116,481 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

American Lithium Minerals Stock Performance

Shares of AMLM stock traded up $0.01 on Thursday, hitting $0.07. 40,176 shares of the stock traded hands, compared to its average volume of 160,951. The company’s fifty day moving average is $0.08 and its 200 day moving average is $0.10. American Lithium Minerals has a 1-year low of $0.03 and a 1-year 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.