Atlantic Lithium (OTC:ALLIF) Shares Up 5.7% – Should You Buy?

Shares of Atlantic Lithium Limited (OTC:ALLIFGet Free Report) rose 5.7% on Friday . The stock traded as high as $0.18 and last traded at $0.18. Approximately 27,500 shares were traded during mid-day trading, an increase of 2% from the average daily volume of 26,934 shares. The stock had previously closed at $0.17.

Atlantic Lithium Trading Up 5.7 %

The firm has a market cap of $35.98 million, a P/E ratio of -3.50 and a beta of 0.47. The business has a 50-day moving average price of $0.16 and a 200-day moving average price of $0.20.

Atlantic Lithium Company Profile

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Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.

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