Roth MKM Maintains Buy on American Lithium, Lowers Price Target to $3.25
$AMLI
Metal Mining
Basic Materials
Roth MKM analyst Joe Reagor maintains American Lithium (NASDAQ:AMLI) with a Buy and lowers the price target from $5.5 to $3.25.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/1/2023 | $5.00 | Buy | B. Riley Securities |
VANCOUVER, British Columbia, Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1)) is pleased to provide an update on operating activities. "We are making steady progress across all our projects," said American Lithium Interim CEO, Alex Tsakumis. "Our focus remains on diligently advancing each initiative as we are preparing for the anticipated recovery in the battery metals market. Recent market activity is reigniting optimism as our projects remain robust and are supported by strong fundamentals and sound economics." TLC Lithium Project An updated Mineral Resource Estimate ("MRE") is being finalized by Sta
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the second quarter ended August 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Highlights for the Quarter: Falchani Flow Sheet Optimization Implementation of numerous additional tried and tested hydrometallurgical processing steps to optimize the core flow sheet and materially reduce costs;Reduction of sulfuric acid consumption by approximately 50%; andImprovement in the specification of key by-products, sulfate of potash and ce
VANCOUVER, British Columbia, Oct. 10, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to issue a letter to shareholders. Dear Shareholders, As the newly appointed Interim Chief Executive Officer of American Lithium, I am pleased to update you on our progress as we prepare for an inevitable lithium market recovery, particularly for "Made in America" lithium carbonate. All told, it has been a challenging period for the battery metals industry, with market conditions affecting all lithium developers worldwide. Despite this, we are committed and poised for what we are confident will be a robust recovery
Selected Financial DataThe following selected financial data is summarized from the Company's consolidated financial statements and related notes thereto (the "Financial Statements") for the first quarter ended May 31, 2024. Copies of the Financial Statements and MD&A are available at www.americanlithiumcorp.com or on SEDAR+ at www.sedarplus.ca.Three MonthsMay 31, 2024Three MonthsMay 31, 2023 Loss and comprehensive loss$7,006,169$11,122,415Loss per share - basic and diluted($0.03)($0.05)
Roth MKM analyst Joe Reagor maintains American Lithium (NASDAQ:AMLI) with a Buy and lowers the price target from $5.5 to $3.25.
6-K - American Lithium Corp. (0001699880) (Filer)
6-K - American Lithium Corp. (0001699880) (Filer)
SD - American Lithium Corp. (0001699880) (Filer)
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the second quarter ended August 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Highlights for the Quarter: Falchani Flow Sheet Optimization Implementation of numerous additional tried and tested hydrometallurgical processing steps to optimize the core flow sheet and materially reduce costs;Reduction of sulfuric acid consumption by approximately 50%; andImprovement in the specification of key by-products, sulfate of potash and ce
VANCOUVER, British Columbia, Aug. 06, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to announce the appointment of Paul Charlish as Chief Financial Officer (CFO) effective August 1, 2024. Mr. Charlish, most recently served as Vice President Finance and Corporate Secretary of American Lithium, and has over 35 years of financial experience, including audit and tax in public practice, as well as financial reporting and tax for public companies. He has extensive knowledge of financial reporting in accordance with IFRS, risk management, international tax, ICFR/SOX and internal controls, as well as in-de
VANCOUVER, British Columbia, July 16, 2024 (GLOBE NEWSWIRE) -- American Lithium Corp. ("American Lithium" or the "Company") (TSXV:LI, NASDAQ:AMLI, Frankfurt:5LA1))) is pleased to provide financial and operating highlights for the first quarter ended May 31, 2024. Unless otherwise stated, all amounts presented are in Canadian dollars. Simon Clarke, CEO of American Lithium, comments, "The market backdrop remains challenging across the lithium sector; however, we have continued to make solid progress while prudently managing our working capital. Although prices in the uranium sector did consolidate somewhat during the quarter, commodity pricing remains at strong levels and uranium fundamen
B. Riley Securities initiated coverage of American Lithium Corp. with a rating of Buy and set a new price target of $5.00