American Lithium (OTCMKTS:AMLIF) Releases Quarterly Earnings Results

American Lithium (OTCMKTS:AMLIF – Get Free Report) released its quarterly earnings data on Friday. The company reported ($0.01) EPS for the quarter, Zacks reports.

American Lithium Trading Down 4.0%

Shares of American Lithium stock opened at $0.23 on Friday. The company has a 50 day moving average of $0.30 and a 200-day moving average of $0.38. American Lithium has a 1-year low of $0.18 and a 1-year high of $0.70. The company has a market cap of $60.15 million, a PE ratio of -7.78 and a beta of 1.93.

American Lithium Company Profile

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American Lithium Corp. is a mineral exploration and development company focused on advancing lithium projects in the United States and Peru. The company is developing resources intended to support the production of lithium compounds used in rechargeable batteries and electric vehicles.

Its principal U.S. asset is the Tonopah Lithium Claims project in Nevada, which is located in the lithium-producing region of the western United States. In Peru, American Lithium owns the Falchani Lithium Project and the Macusani Uranium Project in the Puno region.

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