American Lithium Corp. (NASDAQ:AMLI – Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 1,690,000 shares, a decrease of 11.5% from the February 29th total of 1,910,000 shares. Approximately 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 475,700 shares, the short-interest ratio is currently 3.6 days.
American Lithium Price Performance
Shares of NASDAQ:AMLI opened at $0.68 on Monday. American Lithium has a 12 month low of $0.66 and a 12 month high of $2.49. The firm has a market capitalization of $147.94 million, a P/E ratio of -4.25 and a beta of 1.52. The company’s fifty day moving average price is $0.78 and its 200 day moving average price is $1.06.
American Lithium (NASDAQ:AMLI – Get Free Report) last posted its earnings results on Tuesday, January 16th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). On average, sell-side analysts anticipate that American Lithium will post -0.12 EPS for the current year.
Institutional Investors Weigh In On American Lithium
About American Lithium
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.
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