Claudia Tornquist Sells 30,000 Shares of American Lithium Corp. (CVE:LI) Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the company’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of C$0.50, for a total value of C$15,000.00.

American Lithium Stock Performance

LI stock remained flat at C$0.50 during midday trading on Friday. The company had a trading volume of 41,578 shares, compared to its average volume of 175,238. The stock’s fifty day moving average is C$0.58 and its 200-day moving average is C$0.78. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.45 and a current ratio of 5.35. The stock has a market capitalization of C$108.78 million, a PE ratio of -2.94 and a beta of 2.22. American Lithium Corp. has a 52-week low of C$0.44 and a 52-week high of C$1.99.

American Lithium (CVE:LI) last released its quarterly earnings results on Monday, July 15th. The company reported C($0.03) earnings per share (EPS) for the quarter. Research analysts anticipate that American Lithium Corp. will post -0.0691633 EPS for the current year.

Analyst Ratings Changes

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

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.