After A Decline Of -147.27% From The High, Can American Lithium Corp (NASDAQ: AMLI) Recover Quickly?

American Lithium Corp (NASDAQ:AMLI)’s traded shares stood at 0.45 million during the last session, with the company’s beta value hitting 1.84. At the close of trading, the stock’s price was $0.55, to imply an increase of 6.29% or $0.03 in intraday trading. The AMLI share’s 52-week high remains $1.36, putting it -147.27% down since that peak but still an impressive 41.82% since price per share fell to its 52-week low of $0.32. The company has a valuation of $119.44M, with an average of 0.86 million shares in intraday trading volume over the past 10 days and average of 336.48K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for American Lithium Corp (AMLI), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give AMLI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

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American Lithium Corp (NASDAQ:AMLI) trade information

After registering a 6.29% upside in the last session, American Lithium Corp (AMLI) has traded red over the past five days. The 5-day price performance for the stock is -4.47%, and 46.91% over 30 days. With these gigs, the year-to-date price performance is -50.09%. Short interest in American Lithium Corp (NASDAQ:AMLI) saw shorts transact 1.08 million shares and set a 4.55 days time to cover.

American Lithium Corp (AMLI) estimates and forecasts

Looking at statistics comparing American Lithium Corp share performance against respective industry, we note that the company has outperformed competitors. American Lithium Corp (AMLI) shares are -23.75% down over the last 6 months, with its year-to-date growth rate higher than industry average at 35.71% against 18.90%.

AMLI Dividends

American Lithium Corp has its next earnings report out on 2024-May-28. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

American Lithium Corp (NASDAQ:AMLI)’s Major holders

American Lithium Corp insiders hold 9.58% of total outstanding shares, with institutional holders owning 8.40% of the shares at 9.30% float percentage. In total, 8.40% institutions holds shares in the company.