Atlantic Lithium (LON:ALL) Trading 14.2% Higher – Here’s What Happened

Atlantic Lithium Limited (LON:ALL)’s stock price was up 14.2% during mid-day trading on Tuesday . The stock traded as high as GBX 15.88 ($0.21) and last traded at GBX 15.88 ($0.21). Approximately 241,294 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,039,359 shares. The stock had previously closed at GBX 13.90 ($0.18).

Atlantic Lithium Trading Up 3.8 %

The company has a market cap of £80.56 million, a price-to-earnings ratio of -11.99 and a beta of -0.08. The business has a fifty day simple moving average of GBX 13.83 and a 200 day simple moving average of GBX 18.08. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72.

Atlantic Lithium Company Profile

Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.