Insider Selling: American Lithium Corp. (CVE:LI) Director Sells 30,000 Shares of Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of C$0.50, for a total value of C$15,000.00.

Claudia Tornquist also recently made the following trade(s):

• On Friday, September 20th, Claudia Tornquist sold 30,000 shares of American Lithium stock. The shares were sold at an average price of C$0.50, for a total value of C$15,000.00.

American Lithium Price Performance

American Lithium stock opened at C$0.67 on Thursday. American Lithium Corp. has a one year low of C$0.44 and a one year high of C$1.99. The business has a fifty day moving average price of C$0.57 and a 200-day moving average price of C$0.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.35 and a quick ratio of 1.45. The firm has a market capitalization of C$145.77 million, a P/E ratio of -3.94 and a beta of 2.22.

American Lithium (CVE:LI) last posted its quarterly earnings results on Monday, July 15th. The company reported C($0.03) EPS for the quarter. As a group, equities research analysts forecast that American Lithium Corp. will post -0.0691633 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on LI shares. National Bankshares set a C$1.50 price target on American Lithium and gave the company an “outperform” rating in a research report on Thursday, June 6th. National Bank Financial raised American Lithium to a “strong-buy” rating in a report on Thursday, June 6th.

About American Lithium

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.