Atlantic Lithium (LON:ALL) Shares Up 0.7% – Still a Buy?

Atlantic Lithium Limited (LON:ALL) traded up 0.7% during trading on Tuesday . The stock traded as high as GBX 11.58 ($0.15) and last traded at GBX 11.58 ($0.15). 1,653,427 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 1,081,489 shares. The stock had previously closed at GBX 11.50 ($0.15).

Atlantic Lithium Stock Up 0.7 %

The company has a debt-to-equity ratio of 1.72, a current ratio of 3.58 and a quick ratio of 6.08. The stock has a market cap of £75.23 million, a price-to-earnings ratio of -11.24 and a beta of -0.08. The business has a fifty day moving average of GBX 13.37 and a 200 day moving average of GBX 17.34.

Atlantic Lithium Company Profile

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.