How does LI's PB Ratio compare to its peers?

LI is good value based on its Price-To-Book Ratio (1.3x) compared to the peer average (6.5x).

How does LI's PB Ratio compare vs other companies in the CA Metals and Mining Industry?

LI is good value based on its Price-To-Book Ratio (1.3x) compared to the Canadian Metals and Mining industry average (1.4x).

What is LI's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate LI's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of LI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate LI's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

American Lithium (TSXV:LI) - Stock Price, News & Analysis

LI Stock Overview

An exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. More details

LI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Makes less than USD$1m in revenue (CA$0)

Has less than 1 year of cash runway

Significant insider selling over the past 3 months

+ 1 more risk

American Lithium Corp. Competitors

Prime Mining

TSX:PRYM

CA$221.9m

Consolidated Uranium

TSXV:CUR

CA$211.6m

Los Andes Copper

TSXV:LA

CA$218.6m

Bravo Mining

TSXV:BRVO

CA$215.9m

Price History & Performance

Summary of all time highs, changes and price drops for American Lithium
Historical stock prices
Current Share Price	CA$0.96
52 Week High	CA$1.71
52 Week Low	CA$0.44
Beta	2.26
11 Month Change	-10.28%
3 Month Change	100.00%
1 Year Change	-39.24%
33 Year Change	-79.79%
5 Year Change	734.78%
Change since IPO	-99.04%

Recent updates

Is American Lithium (CVE:LI) In A Good Position To Deliver On Growth Plans?

Aug 01

We Think American Lithium (CVE:LI) Needs To Drive Business Growth Carefully

Apr 05

Shareholder Returns

	LI	CA Metals and Mining	CA Market
7D	-3.0%	-1.6%	0.5%
1Y	-39.2%	23.7%	22.1%

Return vs Industry: LI underperformed the Canadian Metals and Mining industry which returned 25.3% over the past year.

Return vs Market: LI underperformed the Canadian Market which returned 23% over the past year.

Price Volatility

Is LI's price volatile compared to industry and market?
LI volatility
LI Average Weekly Movement	18.2%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: LI's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: LI's weekly volatility has increased from 12% to 18% over the past year.

About the Company

Founded	Employees	CEO	Website
1974	n/a	Alex Tsakumis	americanlithiumcorp.com

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of mineral properties in North and South America. Its properties include the TLC Lithium Project located in the town of Tonopah, Nevada; and the Falchani Lithium project and the Macusani Uranium project located in Puno, Peru. The company was formerly known as Menika Mining Ltd.

American Lithium Corp. Fundamentals Summary

How do American Lithium's earnings and revenue compare to its market cap?
LI fundamental statistics
Market cap	CA$206.90m
Earnings (TTM)	-CA$31.26m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.7x

P/E Ratio

Is LI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LI income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$31.26m
Earnings	-CA$31.26m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did LI perform over the long term?

See historical performance and comparison

LI Stock Overview

Risk Analysis

American Lithium Corp. Competitors

TSX:PRYM

CA$221.9m

TSXV:CUR

CA$211.6m

TSXV:LA

CA$218.6m

TSXV:BRVO

CA$215.9m

Price History & Performance

Recent News & Updates

Independent Director recently sold CA$101k worth of stock

American Lithium Corp. Provides Operations Update

Price target decreased by 26% to CA$4.93

Less than half of directors are independent

American Lithium Corp. Appoints Rona Sellers to Its Board of Directors and Corporate Governance, Nominating and Compensation Committee

Chairman of Board recently sold CA$147k worth of stock

Recent updates

Independent Director recently sold CA$101k worth of stock

American Lithium Corp. Provides Operations Update

Price target decreased by 26% to CA$4.93

Less than half of directors are independent

American Lithium Corp. Appoints Rona Sellers to Its Board of Directors and Corporate Governance, Nominating and Compensation Committee

Chairman of Board recently sold CA$147k worth of stock

American Lithium Corp., Annual General Meeting, Nov 27, 2024

New minor risk - Share price stability

American Lithium Corp. Announces CEO Changes

Independent Director exercised options to buy CA$78k worth of stock.

American Lithium Corp. Announces the Resignation of Simon Clarke as Director, Effective September 1, 2024

American Lithium Corp. Announces CFO Changes

Is American Lithium (CVE:LI) In A Good Position To Deliver On Growth Plans?

New minor risk - Market cap size

Price target decreased by 23% to CA$5.14

Chairman of Board recently bought CA$107k worth of stock

CEO & Director exercised options to buy CA$279k worth of stock.

Price target decreased by 14% to CA$6.68

Price target decreased by 11% to CA$7.78

American Lithium Corp. Announces the Results of Its Updated Preliminary Economic Assessment for the Falchani Lithium Project Located in Puno, South South Peru

American Lithium Corp. Announces Unanimous Ruling from Superior Court of Peru Confirming Company's Title to 32 Disputed Concessions, INGEMMET and MINEM Petition the Supreme Court in A Final Attempt to Reverse the Ruling

Price target decreased by 9.3% to CA$7.90

American Lithium Corp. Announces Results from 14 Step Out Drill Holes Expanding the Measured Resource Footprint At the Tonopah Lithium Project (TLC), Located Near the Town of Tonopah, in Nevada

American Lithium Files Semi-Detailed Environmental Impact Assessment Study to Start Falchani Mine Permitting Process Ahead of Schedule

Price target decreased by 8.9% to CA$8.50

American Lithium Corp. Announces 476% Increase in Measured + Indicated Lithium Resources At Falchani -- Adds K, Cs and Rb to Block Model

American Lithium Corp. Continues to Refine TLC PEA Flow-Sheet Higher Lithium Purity with Lower Leach Temperature Indicates Enhanced Economic Potential

American Lithium Corp. Announces New Lithium Discovery from Initial Drill Hole Completed at One of Key Discovery Targets Identified from 2021 Field Work Conducted Near Community of Quelcaya

American Lithium Corp., Annual General Meeting, Nov 15, 2023

American Lithium Corp. Continues to Refine TLC PEA Flow-Sheet

American Lithium Corp. Provides Assay Results from Four Additional Vertical Diamond Drill Holes

New major risk - Financial position

American Lithium Corp. Provides Details of Assay Results from Three Diamond Drill Holes Recently Drilled At the Falchani Lithium Project in Puno, Southeastern Peru

New major risk - Revenue and earnings growth

American Lithium Corp. Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling At and Around Falchani Peru

We Think American Lithium (CVE:LI) Needs To Drive Business Growth Carefully

Price target decreased by 12% to CA$7.94

Chairman of Board recently sold CA$1.3m worth of stock

American Lithium Corp. Appoints Carsten Korch to the Board of Directors as an Independent Director Based in Lima, Peru

American Lithium Corp. Announces the Results of Maiden Preliminary Economic Assessment for the Tonopah Lithium Claims Project

Price target increased by 9.3% to CA$9.00

American Lithium Corp. Announces Results of Confirmatory Lithium Leaching and Lithium Carbonate Precipitation Test Work from Tonopah Lithium Claims ("Tlc") Mineralization

American Lithium Corp. Reports Large Increase in Lithium Resources At TLC - Measured LCE Resource Increases 25%; Indicated LCE Resource Increases 129%

Price target increased to CA$9.92

American Lithium Corp. Provides an Updated Mineral Resource Estimate

Less than half of directors are independent

American Lithium Corp. Appoints Carsten Korch to the Board of Directors and Audit Committee Member

American Lithium Corp. Commences Eia Drilling At Falchani and Awards Pea Update Work to Dra Global and Stantec Inc

American Lithium Corp. Approves Election of Ben Binninger as Director

High number of new and inexperienced directors

American Lithium Corp Intersects UP to 2,900 Ppm Li in Best Results to Date from Thick Lithium Claystone Averaging 1,550 Ppm Li over 50.3 M in Hole TLC-2206C

American Lithium Corp. Launches Pre-Feasibility Work At Falchani, with Initiation of EIA with SRK

American Lithium Corp. Announces Management Appointments

American Lithium Validates Sulfate of Potash as a Strategic By-Product of Future Lithium Production at Falchani

American Lithium Corp., Annual General Meeting, Aug 22, 2022

Less than half of directors are independent

American Lithium Corp Announces Highest Uranium Extraction Combined with Lowest Acid Consumption Achieved in Leach Testing At Macusani

American Lithium Corp. Receives Plan of Operations and Reclamation Permit Approvals to Commence Drilling At TLC

American Lithium Corp. Intersects thick Lithium-bearing Claystone at TLC North

American Lithium Corp. Announces Peruvian Court Confirms Appeals Filed Against Its Ruling Granting the Company Ownership over Disputed Concessions