Claudia Tornquist Sells 30,000 Shares of American Lithium Corp. (CVE:LI) Stock

American Lithium Corp. (CVE:LI) Director Claudia Tornquist sold 30,000 shares of the company’s stock in a transaction on Friday, September 20th. The shares were sold at an average price of C$0.50, for a total transaction of C$15,000.00.

American Lithium Stock Performance

Shares of American Lithium stock opened at C$0.50 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.45 and a current ratio of 5.35. The firm has a 50-day moving average of C$0.58 and a 200-day moving average of C$0.78. American Lithium Corp. has a 52-week low of C$0.44 and a 52-week high of C$1.99. The stock has a market cap of C$108.78 million, a PE ratio of -2.94 and a beta of 2.22.

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

Analyst Upgrades and Downgrades

LI has been the subject of several research analyst reports. National Bank Financial upgraded shares of American Lithium to a “strong-buy” rating in a research note on Thursday, June 6th. National Bankshares set a C$1.50 target price on American Lithium and gave the company an “outperform” rating in a research 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.