American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Significant Drop in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLM) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 23 shares, a drop of 99.8% from the June 30th total of 13,490 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 68,878 shares, the days-to-cover ratio is currently 0.0 days.

American Lithium Minerals Stock Down 0.1%

OTCMKTS:AMLM opened at $0.08 on Friday. The company has a 50 day moving average price of $0.07 and a 200-day moving average price of $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.