American Lithium (OTCMKTS:LIACF) Trading 1.3% Higher – Time to Buy?

American Lithium Corp. (OTCMKTS:LIACFGet Free Report)’s stock price shot up 1.3% during mid-day trading on Monday . The company traded as high as $0.41 and last traded at $0.39. 132,243 shares traded hands during trading, a decline of 69% from the average session volume of 432,060 shares. The stock had previously closed at $0.38.

American Lithium Stock Performance

The stock has a 50-day moving average of $0.52 and a 200-day moving average of $0.53. The firm has a market cap of $81.09 million, a price-to-earnings ratio of -3.53 and a beta of 1.48.

About American Lithium

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American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 5,052 hectares located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.

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