American Lithium Corp. (NASDAQ:AMLI) Short Interest Down 5.8% in November

American Lithium Corp. (NASDAQ:AMLI) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 1,140,000 shares, a decline of 5.8% from the October 31st total of 1,210,000 shares. Based on an average daily volume of 622,500 shares, the days-to-cover ratio is currently 1.8 days. Currently, 0.5% of the shares of the company are short sold.

American Lithium Stock Performance

NASDAQ AMLI opened at $0.67 on Tuesday. The firm has a market cap of $146.02 million, a PE ratio of -6.70 and a beta of 1.47. American Lithium has a one year low of $0.32 and a one year high of $1.29. The firm’s fifty day moving average is $0.70 and its two-hundred day moving average is $0.58.

American Lithium (NASDAQ:AMLI) last issued its quarterly earnings results on Wednesday, October 16th. The company reported ($0.02) earnings per share (EPS) for the quarter. Research analysts predict that American Lithium will post -0.09 earnings per share 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.