Advantage Lithium Corp. (AAL.V) (CVE:AAL) Trading Down 3.6% – Here’s Why

Advantage Lithium Corp. (AAL.V) (CVE:AAL) shares fell 3.6% on Tuesday . The company traded as low as C$0.24 and last traded at C$0.27. Approximately 19,615 shares were traded during mid-day trading, a decline of 84% from the average session volume of 125,075 shares. The stock had previously closed at C$0.28.

Advantage Lithium Corp. (AAL.V) Trading Down 3.6%

The firm has a 50 day moving average of C$0.27 and a two-hundred day moving average of C$0.27. The stock has a market capitalization of C$43.14 million and a PE ratio of -16.56.

Advantage Lithium Corp. (AAL.V) Company Profile

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. The company was formerly known as North South Petroleum Corp. and changed its name to Advantage Lithium Corp. in July 2016. Advantage Lithium Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.