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

Posted by Faye Duncan on Sep 25th, 2024

American Lithium Corp. (CVE:LI – Get Free Report) Director Claudia Tornquist sold 30,000 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of C$0.50, for a total transaction 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 transaction of C$15,000.00.

American Lithium Price Performance

LI stock opened at C$0.56 on Wednesday. The business has a 50 day moving average price of C$0.57 and a 200 day moving average price of C$0.77. The stock has a market cap of C$121.83 million, a price-to-earnings ratio of -3.29 and a beta of 2.22. American Lithium Corp. has a fifty-two week low of C$0.44 and a fifty-two week high of C$1.99. The company has a quick ratio of 1.45, a current ratio of 5.35 and a debt-to-equity ratio of 0.07.

American Lithium (CVE:LI – Get Free Report) last released its earnings results on Monday, July 15th. The company reported C($0.03) earnings per share (EPS) for the quarter. Equities research analysts anticipate that American Lithium Corp. will post -0.0691633 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on LI shares. National Bankshares set a C$1.50 price target on shares of American Lithium and gave the stock an “outperform” rating in a report on Thursday, June 6th. National Bank Financial upgraded American Lithium to a “strong-buy” rating in a report on Thursday, June 6th.

View Our Latest Stock Report on American Lithium

American Lithium Company Profile

(Get Free Report)

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.