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 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 Stock Performance

American Lithium stock opened at C$0.50 on Friday. The business has a 50 day moving average of C$0.58 and a 200-day moving average of C$0.78. The company 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 1 year low of C$0.44 and a 1 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.

American Lithium (CVE:LI) last posted its quarterly earnings data on Monday, July 15th. The company reported C($0.03) EPS for the quarter. On average, equities research analysts predict that American Lithium Corp. will post -0.0691633 earnings per share for the current year.

Analyst Upgrades and Downgrades

LI has been the topic of a number of research reports. National Bankshares set a C$1.50 price target on shares of American Lithium and gave the company an “outperform” rating in a research note on Thursday, June 6th. National Bank Financial raised American Lithium to a “strong-buy” rating in a report on Thursday, June 6th.

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.