The stock of Advantage Lithium Corp (CVE:AAL) hit a new 52-week high and has $3.32 target or 184.00% above today’s $1.17 share price. The 5 months bullish chart indicates low risk for the $60.45M company. The 1-year high was reported on Nov, 3 by Barchart.com. If the $3.32 price target is reached, the company will be worth $111.23 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 981,455 shares traded hands or 582.42% up from the average. Advantage Lithium Corp (CVE:AAL) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
More notable recent Advantage Lithium Corp (CVE:AAL) news were published by: Investingnews.com which released: “Nevada Sunrise Completes Transaction with Advantage Lithium Corp. on Nevada …” on August 29, 2016, also Marketwatch.com with their article: “Nevada Sunrise and Advantage Lithium intersect lithium brines ranging up to …” published on November 01, 2016, Investingnews.com published: “Advantage Lithium” on September 19, 2016. More interesting news about Advantage Lithium Corp (CVE:AAL) were released by: Marketwatch.com and their article: “Advantage Lithium Signs Definitive Agreement to Acquire Stella Marys Project …” published on October 28, 2016 as well as Marketwired.com‘s news article titled: “Advantage Lithium Appoints William Marsh to the Board; Provides Update on …” with publication date: August 11, 2016.
Advantage Lithium Corp. is a Canada resource company. The company has a market cap of $60.45 million. The Firm is focused on acquisition, exploration and development of lithium properties. It currently has negative earnings. The Firm has a portfolio of over 10 projects covering approximately 112,286 acres, in a range of mining jurisdictions.
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