In the past week, AMLI stock has gone up by 10.78%, with a monthly decline of -1.44% and a quarterly plunge of -26.97%. The volatility ratio for the week is 10.92%, and the volatility levels for the last 30 days are 8.49% for American Lithium Corp The simple moving average for the past 20 days is 9.23% for AMLI’s stock, with a -40.78% simple moving average for the past 200 days.
Is It Worth Investing in American Lithium Corp (NASDAQ: AMLI) Right Now?
Company’s 36-month beta value is 1.79.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for AMLI is 209.38M, and currently, short sellers hold a 0.52% ratio of that floaft. The average trading volume of AMLI on September 24, 2024 was 229.90K shares.
AMLI) stock’s latest price update
American Lithium Corp (NASDAQ: AMLI)’s stock price has soared by 17.43 in relation to previous closing price of 0.35. Nevertheless, the company has seen a gain of 10.78% in its stock price over the last five trading days. globenewswire.com reported 2024-08-27 that VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | Nasdaq:AMLI | Frankfurt:5LA1) announces the resignation of Simon Clarke as Chief Executive Officer (“CEO”) and Director of the Company effective September 1, 2024. Mr. Clarke is stepping down to pursue other interests but will continue to assist the Company in an advisory role. Alex Tsakumis, who has served on the Board of Directors since 2022, will assume the role of Interim CEO.
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 -3.21% 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 -72.22% of loss for the given period.
Volatility was left at 8.49%, however, over the last 30 days, the volatility rate increased by 10.92%, as shares sank -2.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.22% lower at present.
During the last 5 trading sessions, AMLI rose by +10.78%, which changed the moving average for the period of 200-days by -62.64% in comparison to the 20-day moving average, which settled at $0.3758. In addition, American Lithium Corp saw -62.64% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for AMLI
Current profitability levels for the company are sitting at:
- -188.51 for the present operating margin
- -0.84 for the gross margin
The net margin for American Lithium Corp stands at -195.68. The total capital return value is set at -0.21. Equity return is now at value -20.64, with -20.31 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 -180.33. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -4032.7.
Currently, EBITDA for the company is -39.71 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 649.14. The receivables turnover for the company is 1.71for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.35.
Conclusion
In a nutshell, American Lithium Corp (AMLI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
