American Lithium (Nasdaq:AMLI) - Stock Price, News & Analysis

AMLI Stock Overview

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States.

About the company

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

Rewards

Risk Analysis

Earnings are forecast to decline by an average of 29.6% per year for the next 3 years

Has less than 1 year of cash runway

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

Volatile share price over the past 3 months

+ 1 more risk

American Lithium Corp. Competitors

Idaho Strategic Resources

NYSEAM:IDR

US$116.6m

Contango Ore

NYSEAM:CTGO

US$189.9m

Rare Element Resources

OTCPK:REEM.F

US$99.0m

Premium Nickel Resources

OTCPK:PNRL.F

US$77.7m

Price History & Performance

Summary of all time highs, changes and price drops for American Lithium
Historical stock prices
Current Share Price	CA$0.56
52 Week High	CA$2.33
52 Week Low	CA$0.55
Beta	2.34
1 Month Change	-18.26%
3 Month Change	-45.10%
1 Year Change	-74.55%
3 Year Change	-68.00%
5 Year Change	145.94%
Change since IPO	-82.50%

Recent updates

Shareholder Returns

	AMLI	US Metals and Mining	US Market
7D	-18.2%	-2.1%	-3.7%
1Y	-74.5%	15.2%	20.5%

Return vs Industry: AMLI underperformed the US Metals and Mining industry which returned 15.2% over the past year.

Return vs Market: AMLI underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is AMLI's price volatile compared to industry and market?
AMLI volatility
AMLI Average Weekly Movement	10.5%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.4%
10% least volatile stocks in US Market	3.0%

Stable Share Price: AMLI's share price has been volatile over the past 3 months.

Volatility Over Time: AMLI's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1974	n/a	Simon Clarke	www.americanlithiumcorp.com

American Lithium Corp., an exploration and development stage company, engages in the acquisition, exploration, and development of resource properties in the United States. It principally focuses on 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?
AMLI fundamental statistics
Market cap	US$123.25m
Earnings (TTM)	-US$31.29m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.9x

P/E Ratio

Is AMLI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AMLI income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$43.08m
Earnings	-CA$43.08m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.20
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did AMLI perform over the long term?

See historical performance and comparison

AMLI Stock Overview

Rewards

Risk Analysis

American Lithium Corp. Competitors

NYSEAM:IDR

US$116.6m

NYSEAM:CTGO

US$189.9m

OTCPK:REEM.F

US$99.0m

OTCPK:PNRL.F

US$77.7m

Price History & Performance

Recent News & Updates

New minor risk - Share price stability

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

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

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

Recent updates

New minor risk - Share price stability

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

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

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

Chairman of Board recently sold US$975k 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

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

High number of new and inexperienced directors

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

American Lithium Corp. Provides an Updated Mineral Resource Estimate

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

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

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

American Lithium Corp. Announces Positive Prospecting, Mapping and Sampling Results from its Macusani Uranium Project

American Lithium Corp. Provide Details of Additional Progress Optimizing Recent Salt Roasting and Water Leaching Work on Lithium Mineralization

American Lithium Corp. (TSXV:LI) agreed to acquire Big Smoky Holdings Corp. from shareholders.

American Lithium Corp Reports Highest Lithium Extraction to Date from TLC Claystones with 97.4% Extraction from Sulfuric Acid Leach

American Lithium Commences Environmental Assessment Process with BLM, Updates Plan of Operations and Provides Update on Work Programs at TLC

American Lithium Corp. Announce Additional Promising Results on Process Development At Its Tonopah Lithium Claims Project Located Close to Tonopah, Nevada

American Lithium Provides Update on Plan of Operations for TLC

American Lithium Adds Drill-Ready Lithium Exploration Targets West of Falchani and Outlines Plans for Advancing Peruvian Lithium and Uranium Projects

American Lithium Corp. (TSXV:LI) completed the acquisition of Plateau Energy Metals Inc. (TSXV:PLU).

American Lithium Corp. announced that it has received CAD 15.0375 million in funding

American Lithium Corp. (TSXV:LI) entered into a definitive agreement to acquire Plateau Energy Metals Inc. (TSXV:PLU) for approximately CAD 100 million.

American Lithium Submits Plan of Operations to the Bureau of Land Management for the Next Phase of Operations

American Lithium Corp. Continues Drilling to Expand Resource and Provide Bulk Sample Materials for Additional Processing Options At Nevada TLC Lithium Project

American Lithium Corp. (TSXV:LI) completed the acquisition of a 100% interest in Certain Privately Held Lands and the Accompanying 1,176 acre-feet of Water Rights.

American Lithium Corp. (TSXV:LI) entered into an agreement to acquire Series of Lode Mining Claims of approximately 2,000 Acres in Nevada for CAD 6.8 million.