Atlantic Lithium (OTC:ALLIF) Stock Price Down 5.7% – Here’s Why

Atlantic Lithium Limited (OTC:ALLIFGet Free Report) was down 5.7% during trading on Wednesday . The company traded as low as $0.15 and last traded at $0.15. Approximately 1,000 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 26,406 shares. The stock had previously closed at $0.16.

Atlantic Lithium Stock Performance

The firm has a 50-day moving average price of $0.17 and a 200-day moving average price of $0.22. The stock has a market cap of $30.84 million, a PE ratio of -3.00 and a beta of 0.03.

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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