American Lithium Corp. (CVE:LI – Get Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.66 and last traded at C$0.68, with a volume of 448866 shares trading hands. The stock had previously closed at C$0.75.
Wall Street Analysts Forecast Growth
Separately, Eight Capital reduced their target price on American Lithium from C$8.40 to C$5.00 and set a “buy” rating on the stock in a report on Thursday, January 11th.
Check Out Our Latest Stock Analysis on LI
American Lithium Stock Up 4.3 %
American Lithium Company Profile
American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru.
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