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Atlantic Lithium Limited (LON:ALL - Get Free Report) insider Neil Lindsey Herbert purchased 133,000 shares of the stock in a transaction dated Friday, April 5th. The stock was acquired at an average cost of GBX 19 ($0.24) per share, for a total transaction of £25,270 ($31,983.29).
Atlantic Lithium Trading Up 2.7 %
Shares of LON:ALL opened at GBX 19 ($0.24) on Tuesday. The company has a debt-to-equity ratio of 2.02, a quick ratio of 6.08 and a current ratio of 4.37. The stock's 50-day moving average is GBX 19.41 and its 200-day moving average is GBX 22.20. Atlantic Lithium Limited has a 52-week low of GBX 16.15 ($0.20) and a 52-week high of GBX 37.90 ($0.48). The company has a market cap of £123.44 million, a P/E ratio of -1,900.00 and a beta of -0.02.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 75 ($0.95) price target on shares of Atlantic Lithium in a research report on Wednesday, January 24th.
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Atlantic Lithium Company Profile
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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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