American Lithium Corp’s (NASDAQ: AMLI) Stock’s Potential for Future Price Increase

In the last trading session, 0.22 million American Lithium Corp (NASDAQ:AMLI) shares changed hands as the company’s beta touched 1.82. With the company’s per share price at $0.59 changed hands at $0.01 or 1.85% during last session, the market valuation stood at $127.88M. AMLI’s last price was a discount, traded about -277.97% off its 52-week high of $2.23. The share price had its 52-week low at $0.46, which suggests the last value was 22.03% up since then. When we look at American Lithium Corp’s average trading volume, we note the 3-month average coming to 325.39K.

American Lithium Corp (NASDAQ:AMLI) trade information

Instantly AMLI was in green as seen at the end of in last trading. With action -5.19%, the performance over the past five days has been red. The jump to weekly highs of 0.6388 added 1.85% to the stock’s daily price. The company’s shares are showing year-to-date downside of -46.56%, with the 5-day performance at -5.19% in the red. However, in the 30-day time frame, American Lithium Corp (NASDAQ:AMLI) is -21.84% down.

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American Lithium Corp (AMLI) estimates and forecasts

Data shows that the American Lithium Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -53.72% over the past 6 months, a 14.29% in annual growth rate that is considerably higher than the industry average of 13.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 11.56%. The 2024 estimates are for American Lithium Corp earnings to decrease by -5.60%.