American Lithium Minerals Inc. (OTCMKTS:AMLM) Short Interest Down 99.9% in May

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 23 shares, a decline of 99.9% from the May 14th total of 36,712 shares. Based on an average daily volume of 69,347 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

American Lithium Minerals Stock Performance

Shares of OTCMKTS:AMLM opened at $0.07 on Thursday. American Lithium Minerals has a 1 year low of $0.03 and a 1 year high of $0.27. The stock has a 50-day simple moving average of $0.08 and a 200-day simple moving average of $0.10.

About American Lithium Minerals

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.