Advantage Lithium Corp (CVE:AAL) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.23 and last traded at C$0.23, with a volume of 39500 shares traded. The stock had previously closed at C$0.27.
Separately, National Bank Financial set a C$1.25 price target on Advantage Lithium and gave the stock an “outperform” rating in a research report on Monday, September 30th.
The stock has a market capitalization of $39.89 million and a PE ratio of -6.67. The company has a 50-day moving average of C$0.28 and a 200 day moving average of C$0.38.
Advantage Lithium Corp. engages in the acquisition, exploration, and development of lithium properties. The company owns a 75% interest in its flagship asset, Cauchari project located in the northern provinces of Jujuy, Salta, and Catamarca in Argentina. It also has acquired a 100% interest in four projects in Argentina.
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