Atlantic Lithium (OTC:ALLIF) Trading 10.4% Higher – Still a Buy?

Shares of Atlantic Lithium Limited (OTC:ALLIFGet Free Report) rose 10.4% during trading on Monday . The stock traded as high as $0.19 and last traded at $0.19. Approximately 1,455 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 8,331 shares. The stock had previously closed at $0.17.

Atlantic Lithium Stock Performance

The company has a market cap of $38.04 million, a price-to-earnings ratio of -3.70 and a beta of 0.19. The business has a fifty day moving average price of $0.16 and a 200 day moving average price of $0.19.

Atlantic Lithium Company Profile

(Get Free Report)

Atlantic Lithium Limited engages in the exploration and development of mineral properties in West Africa. It primarily explores for lithium deposits. The company's flagship project is the Ewoyaa lithium project located in Ghana. It holds interest in a lithium property covering an area of 774 square kilometers in Côte d'Ivoire.

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