American Lithium Corp. (CVE:LI) Director Purchases C$78,742.20 in Stock

American Lithium Corp. (CVE:LI) Director Andrew William Bowering bought 131,500 shares of the stock in a transaction on Wednesday, December 11th. The stock was purchased at an average price of C$0.60 per share, with a total value of C$78,742.20.

Andrew William Bowering also recently made the following trade(s):

• On Thursday, October 10th, Andrew William Bowering sold 50,000 shares of American Lithium stock. The shares were sold at an average price of C$1.11, for a total value of C$55,500.00.

American Lithium Stock Performance

Shares of LI stock traded down C$0.25 during mid-day trading on Wednesday, reaching C$0.63. The stock had a trading volume of 2,445,300 shares, compared to its average volume of 204,282. The firm has a market cap of C$137.06 million, a price-to-earnings ratio of -3.59 and a beta of 2.30. American Lithium Corp. has a 1-year low of C$0.44 and a 1-year high of C$1.71. The business’s fifty day moving average is C$0.99 and its 200-day moving average is C$0.79. 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 released its earnings results on Wednesday, October 16th. The company reported C($0.03) earnings per share for the quarter. On average, research analysts forecast that American Lithium Corp. will post -0.0691633 earnings per share for the current year.

About American Lithium

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include 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.