Connect with us

Energy & Critical Metals

American Lithium Corp. (AMLI): What is Its Dividend Yield?

American Lithium Corp. (NASDAQ:AMLI) saw a downside of -1.97% to close Monday at $1.99 after subtracting -$0.04 on the day. The 5-day average trading volume…

Share this article:

Published

on

This article was originally published by Fosters Leader

American Lithium Corp. (NASDAQ:AMLI) saw a downside of -1.97% to close Monday at $1.99 after subtracting -$0.04 on the day. The 5-day average trading volume is 383,180 shares of the company’s common stock. It has gained $2.08 in the past week and touched a new high 1 time within the past 5 days. An average of 446,800 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 461,900.

AMLI’s 1-month performance is -6.57% or -$0.05 on its low of $1.93 reached on 07/06/23. The company’s shares have touched a 52-week low of $1.25 and high of $3.83, with the stock’s rally to the 52-week high happening on 01/26/23. YTD, AMLI has lost -4.12% or -$0.09 and has reached a new high 11 times. However, the current price is down -48.04% from the 52-week high price.

Valuation Metrics

AMLI stock has a beta of 1.74. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 2.28.

The firm’s gross profit as reported stood at $69000.0 against revenue of $28.53 million.

Earnings Surprise

AMLI stock balance sheet for the recent quarter shows that total liabilities totaled 1.54 million, with total debt at $0.21 million.

Let’s look briefly at American Lithium Corp. (AMLI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 July was 43.33% to suggest the stock is trending Neutral, with historical volatility in this time period at 56.38%.

The stock’s 5-day moving average is $2.03, reflecting a -3.86% or -$0.08 change from its current price. AMLI is currently trading -2.45% above its 20-day SMA, -29.43% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.95% and SMA200 by+19.88%.

Stochastic %K and %D was 33.33% and 40.89% and the average true range (ATR) pointed at 0.08. The RSI (14) points at 45.65%, while the 14-day stochastic is at 24.00% with the period’s ATR at 0.09. The stock’s 9-day MACD Oscillator is pointing at -0.04 and -0.01 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for American Lithium Corp. (NASDAQ: AMLI), B. Riley Securities launched coverage with a Buy rating. Analysts offering their rating for AMLI stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate AMLI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 have offered a “buy” rating.

What is AMLI’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $3.80 and a high of $7.49, with their median price target at $6.18. Looking at these predictions, the average price target given by analysts is for American Lithium Corp. (AMLI) stock is $5.82.


Share this article:

Uranium Exploration Company Announces Additional Staking in the Athabasca Basin

Source: Streetwise Reports 12/22/2023

Skyharbour Resources Ltd. announced an update from its Canada-based Falcon Project along with additional…

Share this article:

Published

on

By

Continue Reading
Energy & Critical Metals

Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year

Tesla Launches New Mega Factory Project In Shanghai, Designed To Manufacture 10,000 Megapacks Per Year

Tesla has launched a new mega factory…

Share this article:

Published

on

Continue Reading
Energy & Critical Metals

Giving thanks and taking stock after “a remarkable year”

An end-of-year thank you to our readers, industry colleagues and advertisers before Electric Autonomy breaks from publishing until Jan. 2
The post Giving…

Share this article:

Published

on

Continue Reading

Trending