American Lithium Minerals Inc. (OTCMKTS:AMLM) Sees Large Increase in Short Interest

American Lithium Minerals Inc. (OTCMKTS:AMLM) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 13,969 shares, a growth of ∞ from the April 15th total of 0 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 308,057 shares, the days-to-cover ratio is currently 0.0 days.

American Lithium Minerals Price Performance

OTCMKTS AMLM opened at $0.07 on Monday. American Lithium Minerals has a 1 year low of $0.03 and a 1 year high of $0.27. The business’s 50-day moving average is $0.09 and its 200 day moving average is $0.10.

American Lithium Minerals Company Profile

American Lithium Minerals Inc is a mineral exploration company focused on the discovery and development of lithium brine resources. The company is in the early stages of advancing high-potential lithium projects that support the growing demand for lithium hydroxide and carbonate, key components in the manufacturing of electric vehicle batteries and energy storage systems. American Lithium Minerals is publicly traded on the OTC Markets under the ticker symbol AMLM.

The company’s flagship asset is the Sal de la Puna Lithium Brine Project, located in Argentina’s prolific “Lithium Triangle.” This project encompasses a series of exploration concessions in the Jujuy Province, where initial drilling programs have been completed to test for lithium concentrations in subsurface brines.