Claudia Tornquist Sells 30,000 Shares of American Lithium Corp. (CVE:LI) Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the firm’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of C$0.50, for a total transaction of C$15,000.00.

Claudia Tornquist also recently made the following trade(s):

• On Friday, September 20th, Claudia Tornquist sold 30,000 shares of American Lithium stock. The stock was sold at an average price of C$0.50, for a total value of C$15,000.00.

American Lithium Price Performance

Shares of CVE:LI traded up C$0.09 on Monday, hitting C$0.59. The company had a trading volume of 254,126 shares, compared to its average volume of 175,666. The company has a market cap of C$128.36 million, a PE ratio of -2.94 and a beta of 2.22. The business has a 50 day moving average of C$0.58 and a 200 day moving average of C$0.78. American Lithium Corp. has a 52-week low of C$0.44 and a 52-week high of C$1.99. The company has a current ratio of 5.35, a quick ratio of 1.45 and a debt-to-equity ratio of 0.07.

American Lithium (CVE:LI) last announced its quarterly earnings data on Monday, July 15th. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, equities analysts anticipate that American Lithium Corp. will post -0.0691633 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have commented on LI. National Bank Financial upgraded American Lithium to a “strong-buy” rating in a research report on Thursday, June 6th. National Bankshares set a C$1.50 target price on shares of American Lithium and gave the stock an “outperform” rating in a research report on Thursday, June 6th.

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.