American Lithium (OTCMKTS:LIACF) Trading Down 0.5% – Here’s What Happened

Shares of American Lithium Corp. (OTCMKTS:LIACF) were down 0.5% during trading on Monday . The company traded as low as $0.45 and last traded at $0.50. Approximately 81,663 shares were traded during trading, a decline of 81% from the average daily volume of 432,060 shares. The stock had previously closed at $0.5027.

American Lithium Trading Down 0.5%

The company has a fifty day moving average of $0.50 and a 200-day moving average of $0.41. The company has a market capitalization of $104.31 million, a price-to-earnings ratio of -4.55 and a beta of 1.48.

About American Lithium

American Lithium (OTCMKTS:LIACF) is a Canada-based mineral exploration company focused on the discovery, development and advancement of lithium-rich properties in North and South America. The company’s primary business activities center on identifying high-potential claystone and brine lithium deposits, conducting systematic exploration programs and advancing projects from early-stage exploration toward resource definition and eventual development. American Lithium’s work typically includes geological mapping, drilling, sampling and metallurgical testing to evaluate project economics and viability.

At the core of American Lithium’s portfolio is the TLC project in Clayton Valley, Nevada, where the company holds rights to claystone-hosted lithium mineralization immediately adjacent to a producing lithium mine.