Atlantic Lithium (LON:ALL) Shares Down 1.9% – Here’s What Happened

Atlantic Lithium Limited (LON:ALL)’s stock price was down 1.9% during trading on Tuesday . The company traded as low as GBX 9.23 ($0.12) and last traded at GBX 9.23 ($0.12). Approximately 728,295 shares traded hands during trading, a decline of 39% from the average daily volume of 1,202,281 shares. The stock had previously closed at GBX 9.41 ($0.12).

Atlantic Lithium Stock Up 1.4 %

The company has a market capitalization of £128.90 million, a price-to-earnings ratio of -9.42 and a beta of -0.08. The business has a fifty day simple moving average of GBX 12.56 and a two-hundred day simple moving average of GBX 12.96. The company has a quick ratio of 6.08, a current ratio of 3.58 and a debt-to-equity ratio of 1.72.

Atlantic Lithium Company Profile

Atlantic Lithium (formerly “IronRidge Resources”) is an AIM-listed lithium company advancing a portfolio of projects in Ghana and Côte d’Ivoire through to production.

The Company’s flagship project, the Ewoyaa Project in Ghana, is a significant lithium pegmatite discovery on track to become West Africa’s first lithium producing mine.