Is American Lithium Corp’s Fuel For Real? The Stock Just Increased Again

 Is American Lithium Corp's Fuel For Real? The Stock Just Increased Again

The stock of American Lithium Corp (CVE:LI) is a huge mover today! About 286,000 shares traded hands. American Lithium Corp (CVE:LI) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 8 months positive chart setup for the $18.25M company. It was reported on Oct, 19 by Barchart.com. We have $1.26 PT which if reached, will make CVE:LI worth $35.95M more.

More notable recent American Lithium Corp (CVE:LI) news were published by: Marketwatch.com which released: “Plus the latest data from Realtor.com on 21 home markets across the US” on April 24, 2011, also Prnewswire.com with their article: “Nevada Energy Metals Announces Update: American Lithium Corp Joint Venture in …” published on July 19, 2016, Prnewswire.com published: “American Lithium reports near surface Lithium brine results from auger …” on October 12, 2016. More interesting news about American Lithium Corp (CVE:LI) were released by: Prnewswire.com and their article: “American Lithium Acquires Clayton Valley-1 Lithium Brine Property, Esmeralda …” published on July 05, 2016 as well as Finance.Yahoo.com‘s news article titled: “American Lithium Starts Drilling at Fish Lake Valley North Playa, Nevada, USA” with publication date: September 20, 2016.

American Lithium Corp., formerly Menika Mining Ltd., is an exploration-stage company. The company has a market cap of $18.25 million. The Firm is engaged in the acquisition, exploration and development of lithium deposits throughout the Americas. It has a 4.72 P/E ratio. It holds options to acquire Nevada lithium brine claims totaling over 20,790 acres, including over 18,550 acres in Fish Lake Valley, Esmeralda County, and the 2,240-acre San Emidio Project in Washoe County.

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