American Lithium (OTCMKTS:AMLIF) Posts Quarterly Earnings Results

American Lithium (OTCMKTS:AMLIF) issued its quarterly earnings data on Wednesday. The company reported ($0.01) EPS for the quarter, Zacks reports.

American Lithium Trading Up 0.7%

Shares of AMLIF stock traded up $0.00 during trading on Wednesday, reaching $0.31. The company’s stock had a trading volume of 73,814 shares, compared to its average volume of 132,606. The firm’s fifty day moving average is $0.35. The stock has a market capitalization of $80.12 million, a P/E ratio of -31.34 and a beta of 1.77. American Lithium has a one year low of $0.26 and a one year high of $0.91.

American Lithium Company Profile

American Lithium (OTCMKTS: AMLIF) is a publicly traded mineral exploration and development company focused on the discovery and advancement of lithium resources. The company’s core activities include exploration and drilling to define mineral resources, metallurgical test work to assess recoverability, and engineering and environmental studies aimed at advancing projects through permitting and toward potential production. American Lithium positions itself as a supplier to the battery materials supply chain, targeting demand from electric vehicle manufacturers and energy storage markets.

As an early- to mid-stage lithium developer, the company pursues project advancement through technical studies, stakeholder engagement and partnerships that can provide capital or operational expertise.