American Lithium Corp Stock
American Lithium Corp Stock
American Lithium Corp is a Vancouver-based company engaged in the exploration and development of lithium deposits in North America. The company aims to become a leading lithium producer for the fast-growing electric vehicle and energy storage markets. American lithium's flagship project is the TLC lithium Project, located in southwestern Nevada, which has a total land position of approximately 26,000 acres. The company is focused on advancing the project through feasibility studies, permitting, and eventually commercial production. American lithium also has several other lithium exploration projects in Nevada, Idaho, and Canada.
Pros and Cons of American Lithium Corp in the next few years
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Cons
Performance of American Lithium Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| American Lithium Corp | 2.370% | 0.199% | -19.067% | -72.559% | -51.820% | -65.576% | 286.923% |
| Global UAV Technologies Ltd. | - | 0.000% | -29.323% | -25.397% | 0.535% | -96.236% | -93.838% |
| Bluesky Digital Assets Corp. | 33.330% | -21.277% | -21.277% | -61.658% | -33.929% | -97.181% | - |
| Quantum Battery Metals Corp. | -3.220% | 1.346% | -3.303% | -66.959% | -15.341% | - | - |
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The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Overall, the financials of American Lithium Corp, a Metals & Mining company, reveal a mixed picture. On one hand, the company has experienced substantial growth in its assets over the past few years, while on the other hand, it has continuously reported negative net incomes.
Growing total assets: American Lithium Corp's total assets have increased from €1,657,029 in 2020 to €19,349,3125 in 2022. This is a positive sign, indicating the company's ability to grow and invest in its business.
Strong working capital: The company's net working capital has also improved significantly, from €317,153 in 2020 to €55,121,866 in 2022. This indicates that the company can easily cover short-term liabilities using its available current assets.
