American Lithium (NASDAQ:AMLI) Trading Up 0% – What’s Next?

American Lithium Corp. (NASDAQ:AMLI) shares rose 0% on Monday . The company traded as high as $0.33 and last traded at $0.33. Approximately 90,845 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 471,582 shares. The stock had previously closed at $0.33.

American Lithium Stock Up 0.0 %

The firm has a market capitalization of $70.85 million, a PE ratio of -3.25 and a beta of 1.41. The business’s 50-day moving average price is $0.38 and its 200-day moving average price is $0.51.

Institutional Trading of American Lithium

A hedge fund recently bought a new stake in American Lithium stock. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of American Lithium Corp. (NASDAQ:AMLI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 161,000 shares of the company’s stock, valued at approximately $62,000. Stonehage Fleming Financial Services Holdings Ltd owned about 0.07% of American Lithium as of its most recent SEC filing. 7.70% of the stock is owned by hedge funds and other institutional investors.

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.