What Next for American Lithium Corp Stock After Today’s Huge Decline?

 What Next for American Lithium Corp Stock After Today's Huge Decline?

The stock of American Lithium Corp (CVE:LI) is a huge mover today! About 312,869 shares traded hands. American Lithium Corp (CVE:LI) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 6 months negative chart setup for the $15.23M company. It was reported on Nov, 29 by Barchart.com. We have $0.30 PT which if reached, will make CVE:LI worth $913,800 less.

More news for American Lithium Corp (CVE:LI) were recently published by: Prnewswire.com, which released: “Nevada Energy Metals Announces Update: American Lithium Corp Joint Venture in …” on July 19, 2016. Prnewswire.com‘s article titled: “American Lithium Announces the Appointment of Internationally-recognized …” and published on June 13, 2016 is yet another important article.

American Lithium Corp., formerly Menika Mining Ltd., is an exploration-stage company. The company has a market cap of $15.23 million. The Firm is engaged in the acquisition, exploration and development of lithium deposits throughout the Americas. It currently has negative earnings. 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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