The stock has a 36-month beta value of 1.75. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AMLI is 206.62M, and at present, short sellers hold a 0.74% of that float. On May 10, 2024, the average trading volume of AMLI was 378.23K shares.
AMLI) stock’s latest price update
American Lithium Corp (NASDAQ: AMLI)’s stock price has soared by 9.07 in relation to previous closing price of 0.64. Nevertheless, the company has seen a gain of 2.21% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-29 that American Lithium’s shares appear undervalued given its three projects’ economic assessments. Long-term outlook in economically feasible, environmentally friendly energy sources supports lithium and uranium production. The company’s planned spinout of its low-cost uranium asset could provide hidden value and bolster shareholder returns while shareholders await the next lithium bull market.
AMLI’s Market Performance
American Lithium Corp (AMLI) has seen a 2.21% rise in stock performance for the week, with a 1.54% gain in the past month and a -9.62% plunge in the past quarter. The volatility ratio for the week is 5.07%, and the volatility levels for the past 30 days are at 6.78% for AMLI. The simple moving average for the past 20 days is 16.79% for AMLI’s stock, with a -35.18% simple moving average for the past 200 days.
Analysts’ Opinion of AMLI
Many brokerage firms have already submitted their reports for AMLI stocks, with B. Riley Securities repeating the rating for AMLI by listing it as a “Buy.” The predicted price for AMLI in the upcoming period, according to B. Riley Securities is $5 based on the research report published on March 01, 2023 of the previous year 2023.
AMLI Trading at 3.63% from the 50-Day Moving Average
After a stumble in the market that brought AMLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -70.11% of loss for the given period.
Volatility was left at 6.78%, however, over the last 30 days, the volatility rate increased by 5.07%, as shares sank -1.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.58% lower at present.
During the last 5 trading sessions, AMLI fell by -1.46%, which changed the moving average for the period of 200-days by -65.81% in comparison to the 20-day moving average, which settled at $0.5947. In addition, American Lithium Corp saw -36.82% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMLI
The total capital return value is set at -0.24. Equity return is now at value -24.40, with -23.94 for asset returns.
Based on American Lithium Corp (AMLI), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -152.31. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -1692.91.
Currently, EBITDA for the company is -35.09 million with net debt to EBITDA at 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.73.
Conclusion
To sum up, American Lithium Corp (AMLI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
