American Lithium Corp. (NASDAQ:AMLI) Short Interest Update

American Lithium Corp. (NASDAQ:AMLI) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 1,430,000 shares, an increase of 31.2% from the November 30th total of 1,090,000 shares. Based on an average daily volume of 822,500 shares, the short-interest ratio is currently 1.7 days. Approximately 0.7% of the shares of the company are short sold.

American Lithium Trading Up 3.6 %

AMLI opened at $0.38 on Friday. The business’s 50 day moving average is $0.62 and its 200-day moving average is $0.55. The stock has a market cap of $81.77 million, a PE ratio of -3.75 and a beta of 1.41. American Lithium has a twelve month low of $0.32 and a twelve month high of $1.24.

American Lithium (NASDAQ:AMLI) last released its earnings results on Wednesday, October 16th. The company reported ($0.02) EPS for the quarter. As a group, analysts forecast that American Lithium will post -0.09 EPS for the current year.

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.