Closing Bell: American Lithium Corp down on Wednesday (LI)

In market activity today, American Lithium Corp stock opened at $0.78 and closed at $0.76. It traded at a low of $0.74 to a high of $0.78.

Shares lost -1.30% from the previous day's close of $0.77.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

American Lithium Corp has listed on the Toronto Venture Exchange (TSX-V) under the ticker LI.

Trading volume was 107,089 on 74 total trades, while having an average volume of 95,492 over the last 5-days.

Trading across the entire TSX-V saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, LI.VN has traded as high as $2.73 (July 18,2023) and low as $0.64 (April 23,2024). Moreover, in the last 52 weeks, American Lithium Corp's shares have shrunken -71.96%, while this year, they have shrunken -47.59%.

Following today's trading, American Lithium Corp has a market capitalization of $167.52 million on a float of 217,560 shares outstanding. Its annual EPS is $-0.19.

American Lithium Corp is a TSX Industrial Metals Minerals company headquartered in Vancouver, CAN.

Currently, American Lithium Corp's consensus rating is "Strong Buy" based on 4 analysts according to Zacks. From those 4 analysts, 4 have buy ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..