American Lithium Corp. (NASDAQ:AMLI – Get Free Report) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,810,000 shares, a growth of 7.1% from the March 15th total of 1,690,000 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 452,800 shares, the short-interest ratio is presently 4.0 days.
American Lithium Stock Performance
AMLI stock opened at $0.63 on Tuesday. The company’s 50-day simple moving average is $0.72 and its 200 day simple moving average is $1.00. American Lithium has a 52 week low of $0.61 and a 52 week high of $2.33. The company has a market capitalization of $137.04 million, a PE ratio of -3.94 and a beta of 1.51.
American Lithium (NASDAQ:AMLI – Get Free Report) last released its quarterly earnings results on Tuesday, January 16th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). On average, analysts forecast that American Lithium will post -0.12 EPS for the current year.
Hedge Funds 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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