Is American Lithium Corp (NASDAQ: AMLI) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 0.32 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 $0.39 changed hands at $0.01 or 2.44% during last session, the market valuation stood at $78.40M. AMLI’s last price was a discount, traded about -217.95% off its 52-week high of $1.24. The share price had its 52-week low at $0.32, which suggests the last value was 17.95% up since then. When we look at American Lithium Corp’s average trading volume, we note the 10-day average is 1.45 million shares, with the 3-month average coming to 830.32K.

Analysts gave the American Lithium Corp (AMLI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AMLI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. American Lithium Corp’s EPS for the current quarter is expected to be 0.

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American Lithium Corp (NASDAQ:AMLI) trade information

Instantly AMLI was in green as seen at the end of in last trading. With action -2.70%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -67.27%, with the 5-day performance at -2.70% in the red. However, in the 30-day time frame, American Lithium Corp (NASDAQ:AMLI) is -49.30% down. Looking at the short shares, we see there were 1.14 million shares sold at short interest cover period of 2.74 days.

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 -34.15% over the past 6 months, a 28.57% in annual growth rate that is considerably higher than the industry average of 8.20%.

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 increase by 49.60%.

AMLI Dividends

American Lithium Corp is expected to release its next quarterly earnings report in January.

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

If we look at who the major shareholders are, we find that insiders hold 9.56% of American Lithium Corp shares while 7.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.58%.