Atlantic Lithium (OTC:ALLIF) Trading 10.4% Higher – Should You Buy?

Atlantic Lithium Limited (OTC:ALLIFGet Free Report)’s share price traded up 10.4% during mid-day trading on Monday . The company traded as high as $0.19 and last traded at $0.19. 1,455 shares traded hands during trading, a decline of 83% from the average session volume of 8,331 shares. The stock had previously closed at $0.17.

Atlantic Lithium Price Performance

The stock has a market cap of $38.04 million, a P/E ratio of -3.70 and a beta of 0.19. The stock has a 50-day simple moving average of $0.16 and a 200-day simple moving average of $0.19.

About Atlantic Lithium

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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.

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