Insider Selling: American Lithium Corp. (CVE:LI) Director Sells 100,000 Shares of Stock

American Lithium Corp. (CVE:LI) Director George Binninger sold 100,000 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of C$1.01, for a total value of C$101,000.00.

American Lithium Stock Performance

CVE LI opened at C$1.00 on Monday. American Lithium Corp. has a 12 month low of C$0.44 and a 12 month high of C$1.74. The stock has a market cap of C$217.56 million, a P/E ratio of -5.88 and a beta of 2.30. The stock’s fifty day moving average price is C$0.82 and its 200-day moving average price is C$0.78. The company has a current ratio of 5.35, a quick ratio of 1.45 and a debt-to-equity ratio of 0.07.

American Lithium (CVE:LI) last released its quarterly earnings data on Wednesday, October 16th. The company reported C($0.03) EPS for the quarter. As a group, equities analysts forecast that American Lithium Corp. will post -0.0691633 EPS for the current fiscal year.

American Lithium Company Profile

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include 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.