Atlantic Lithium (OTC:ALLIF) Trading 10.4% Higher – Still a Buy?

Atlantic Lithium Limited (OTC:ALLIFGet Free Report)’s stock price shot up 10.4% during mid-day trading on Monday . The company traded as high as $0.19 and last traded at $0.19. 1,455 shares were traded during mid-day trading, a decline of 83% from the average session volume of 8,331 shares. The stock had previously closed at $0.17.

Atlantic Lithium Trading Up 10.4 %

The company has a market cap of $38.04 million, a P/E ratio of -3.70 and a beta of 0.19. The firm has a 50-day moving average of $0.16 and a 200 day moving average of $0.19.

Atlantic Lithium Company Profile

(Get Free Report)

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.

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