American Lithium Corp. (CVE:LI - Get Free Report) Director Andrew William Bowering purchased 150,000 shares of the business's stock in a transaction that occurred on Wednesday, April 24th. The stock was bought at an average cost of C$0.71 per share, for a total transaction of C$106,500.00.
American Lithium Stock Down 2.7 %
Shares of CVE LI opened at C$0.72 on Friday. American Lithium Corp. has a one year low of C$0.64 and a one year high of C$3.09. The company has a debt-to-equity ratio of 0.10, a current ratio of 10.73 and a quick ratio of 1.45. The firm's 50 day simple moving average is C$0.93 and its two-hundred day simple moving average is C$1.29. The stock has a market capitalization of C$154.56 million, a P/E ratio of -3.60 and a beta of 2.29.
Analyst Ratings Changes
Separately, Eight Capital dropped their price objective on shares of American Lithium from C$8.40 to C$5.00 and set a "buy" rating on the stock in a report on Thursday, January 11th.
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About American Lithium
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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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