American Lithium Corp. (CVE:LI) Director Claudia Tornquist Sells 30,000 Shares

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the company’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of C$0.50, for a total transaction of C$15,000.00.

American Lithium Price Performance

Shares of CVE LI opened at C$0.50 on Monday. The stock has a market capitalization of C$108.78 million, a P/E ratio of -2.94 and a beta of 2.22. American Lithium Corp. has a one year low of C$0.44 and a one year high of C$1.99. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.35 and a quick ratio of 1.45. The firm’s 50 day simple moving average is C$0.58 and its two-hundred day simple moving average is C$0.78.

American Lithium (CVE:LI) last released its quarterly earnings data on Monday, July 15th. The company reported C($0.03) earnings per share for the quarter. As a group, analysts expect that American Lithium Corp. will post -0.0691633 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on LI. National Bankshares set a C$1.50 price target on American Lithium and gave the company an “outperform” rating in a research report on Thursday, June 6th. National Bank Financial upgraded shares of American Lithium to a “strong-buy” rating in a research report on Thursday, June 6th.

American Lithium Company Profile

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